Funny you should ask, this just came out:
http://twitter.com/blastapps
"Wait until you see what our next app does, we are less then a couple of weeks away"
about 3 hours ago from web
Hmmm, I wonder what else they got cooking. This should get very interesting soon.
Comments from i-hub:
"I would say that announcements of the new web site being placed on Twitter makes a lot of sense to me, considering most of the people who will actively use the apps are using Twitter and Facebook, looks like they're saving on advertising."
And don't forget the news from the 15th:
SPIN-OFF NEWS RECORD DATE 0CT 20TH
10/15/09 Blast Applications BLAP to Spin-off Its Subsidiary as Dividend to Its Shareholders
Blast Applications, Inc. (OTC: BLAP) announced it will spin off Big Pants Media, Inc. (“Big Pants”), its wholly owned subsidiary to existing shareholders of Blast Applications, Inc. (“Blast”).
Shareholders of Blast will receive one new share of Big Pants for every one hundred shares of Blast beneficially owned on or before the record date of October 20, 2009. The spin off transaction will relieve Blast of certain debts and obligations held on its balance sheet and allow Big Pants to continue on with its core business of web design, marketing and development as a separate entity.
Dino Luzzi, CEO of Blast stated, “I am extremely pleased that we can now concentrate all of our efforts and resources towards continuing forth with Blast’s core business of building functional social media applications for millions of users to enjoy. We will continue to build a core team of professionals to take our company to the next stage of growth in this exciting arena of virtual applications for smart phones and PDA devices like Apple’s iPhone.”
CBIS & MJNA -- Should be good news for both
AP Newsbreak: New medical marijuana policy issued by Obama administration
By Devlin Barrett, Associated Press Writer
On 10:57 pm EDT, Sunday October 18, 2009
WASHINGTON (AP) -- The Obama administration will not seek to arrest medical marijuana users and suppliers as long as they conform to state laws, under new policy guidelines to be sent to federal prosecutors Monday.
<!--- Insert the sidebar information -->
<!-- Article Related Media -->Two Justice Department officials described the new policy to The Associated Press, saying prosecutors will be told it is not a good use of their time to arrest people who use or provide medical marijuana in strict compliance with state laws.
The new policy is a significant departure from the Bush administration, which insisted it would continue to enforce federal anti-pot laws regardless of state codes.
Continued here: http://finance.yahoo.com/news/AP-Ne...html?x=0&sec=topStories&pos=main&asset=&ccode=
AP Newsbreak: New medical marijuana policy issued by Obama administration
By Devlin Barrett, Associated Press Writer
On 10:57 pm EDT, Sunday October 18, 2009
WASHINGTON (AP) -- The Obama administration will not seek to arrest medical marijuana users and suppliers as long as they conform to state laws, under new policy guidelines to be sent to federal prosecutors Monday.
<!--- Insert the sidebar information -->
<!-- Article Related Media -->Two Justice Department officials described the new policy to The Associated Press, saying prosecutors will be told it is not a good use of their time to arrest people who use or provide medical marijuana in strict compliance with state laws.
The new policy is a significant departure from the Bush administration, which insisted it would continue to enforce federal anti-pot laws regardless of state codes.
Continued here: http://finance.yahoo.com/news/AP-Ne...html?x=0&sec=topStories&pos=main&asset=&ccode=
BIEL
BioElectronics Announces Results From Pilot Section of Acetaminophen Comparative Study
Initial Data Showing ActiPatch(R) Has Superior Efficacy to Acetaminophen in the Form of Tylenol(R) for Relief of Exercise-Induced Muscle Soreness
http://finance.yahoo.com/news/BioElectronics-Announces-iw-3886303474.html?x=0&.v=1
Press Release
Source: BioElectronics Corporation
On 11:00 am EDT, Monday October 19, 2009
Companies:BioElectronics Corporation
FREDERICK, MD--(Marketwire - 10/19/09) - BioElectronics Corp. (Pinksheets:BIEL - News), the maker of inexpensive, disposable drug-free anti-inflammatory devices, today announced the initial results from the pilot section of its ongoing acetaminophen comparison study. The study, which is expected to be complete during early November, compares the effects of ActiPatch� Therapy to acetaminophen in the form of Extra Strength Tylenol� for the treatment of delayed onset muscle soreness (DOMS).
Participants in the pilot section of the study were randomly assigned to one of three groups, 1) a control group, 2) a group that used ActiPatch, and 3) a group that was treated with over-the-counter strength acetaminophen in the form of Extra Strength Tylenol. Each of the group's participants then evaluated their levels of muscle soreness and discomfort 48 hours after vigorous resistance training designed to induce delayed onset muscle soreness.
"Thus far, results from the pilot section of this study seem to be highly statistically significant with the ActiPatch group scoring its average level of muscle soreness and discomfort at much lower levels compared to either the control group or the acetaminophen treatment group," commented principal investigator Sheena Kong, M.D. "For many years physicians, medical researchers and sports trainers attributed this type of muscle soreness to the build up of lactate in muscle tissues after exercise. A significant body of research now shows delayed onset muscle soreness is mainly attributable to damage to the muscle cell membrane, which sets off an inflammatory response leading to the formation of metabolic waste products that act as a chemical stimulus to the nerve endings that directly cause the pain that is experienced after muscle over exertion. While additional research needs to be conducted on the actual mechanism, it appears ActiPatch works to reduce this inflammatory response resulting in a reduction in the formation of metabolic waste products and therefore, what appears, based on these preliminary results, to be a significant reduction in levels of muscle pain and soreness."
The study, which is Institutional Review Board (IRB) supervised, is currently ongoing with full study results expected during early November 2009. Principal investigator, Sheena Kong, M.D., holds no financial position in any form in the study's sponsor, BioElectronics Corporation, and will receive no financial compensation of any kind for the completion of the study.
BioElectronics Announces Results From Pilot Section of Acetaminophen Comparative Study
Initial Data Showing ActiPatch(R) Has Superior Efficacy to Acetaminophen in the Form of Tylenol(R) for Relief of Exercise-Induced Muscle Soreness
http://finance.yahoo.com/news/BioElectronics-Announces-iw-3886303474.html?x=0&.v=1
Press Release
Source: BioElectronics Corporation
On 11:00 am EDT, Monday October 19, 2009
Companies:BioElectronics Corporation
FREDERICK, MD--(Marketwire - 10/19/09) - BioElectronics Corp. (Pinksheets:BIEL - News), the maker of inexpensive, disposable drug-free anti-inflammatory devices, today announced the initial results from the pilot section of its ongoing acetaminophen comparison study. The study, which is expected to be complete during early November, compares the effects of ActiPatch� Therapy to acetaminophen in the form of Extra Strength Tylenol� for the treatment of delayed onset muscle soreness (DOMS).
Participants in the pilot section of the study were randomly assigned to one of three groups, 1) a control group, 2) a group that used ActiPatch, and 3) a group that was treated with over-the-counter strength acetaminophen in the form of Extra Strength Tylenol. Each of the group's participants then evaluated their levels of muscle soreness and discomfort 48 hours after vigorous resistance training designed to induce delayed onset muscle soreness.
"Thus far, results from the pilot section of this study seem to be highly statistically significant with the ActiPatch group scoring its average level of muscle soreness and discomfort at much lower levels compared to either the control group or the acetaminophen treatment group," commented principal investigator Sheena Kong, M.D. "For many years physicians, medical researchers and sports trainers attributed this type of muscle soreness to the build up of lactate in muscle tissues after exercise. A significant body of research now shows delayed onset muscle soreness is mainly attributable to damage to the muscle cell membrane, which sets off an inflammatory response leading to the formation of metabolic waste products that act as a chemical stimulus to the nerve endings that directly cause the pain that is experienced after muscle over exertion. While additional research needs to be conducted on the actual mechanism, it appears ActiPatch works to reduce this inflammatory response resulting in a reduction in the formation of metabolic waste products and therefore, what appears, based on these preliminary results, to be a significant reduction in levels of muscle pain and soreness."
The study, which is Institutional Review Board (IRB) supervised, is currently ongoing with full study results expected during early November 2009. Principal investigator, Sheena Kong, M.D., holds no financial position in any form in the study's sponsor, BioElectronics Corporation, and will receive no financial compensation of any kind for the completion of the study.
BIEL
Sorry folks, this trade is not working out as I expected. Hearing rumors on Google about possible problems with their testing due to a relationship between a director and one of the testers. I just dumped my shares @ .079, didnt have all that many anyway.
You can hold, this still has huge potential, but I dont like the trading lately and this was originally a double-0 or triple-0 stock. Sorry for the bad advice, although most of you probably got in around these prices originally anyway, I know I got in at .072 originally.
Still scratching my head, but I'd rather cash out and wait for the big move, then chase it.
hno:
Don't know if these two are the same people or not but check out what is being said at the Google Boards:
http://finance.google.com/group/google.finance.12971698/browse_thread/thread/d3b0d2e9351dcd05
Sorry folks, this trade is not working out as I expected. Hearing rumors on Google about possible problems with their testing due to a relationship between a director and one of the testers. I just dumped my shares @ .079, didnt have all that many anyway.
You can hold, this still has huge potential, but I dont like the trading lately and this was originally a double-0 or triple-0 stock. Sorry for the bad advice, although most of you probably got in around these prices originally anyway, I know I got in at .072 originally.
Still scratching my head, but I'd rather cash out and wait for the big move, then chase it.
hno:Don't know if these two are the same people or not but check out what is being said at the Google Boards:
http://finance.google.com/group/google.finance.12971698/browse_thread/thread/d3b0d2e9351dcd05
I'm still holding. If it goes below .025, then I'm out. News last week shouldve been a big catalyst ... still trying to figure out if the news was already factored into the PPS or not. Still has a lot of strong traders talking about it on i-hub. Probably a no-buy/no-sell at this point unless the above price is breached. But, if you dont have money in SIAF or XNYH, then you should probably sell IBRC and get in those. Those arent Roulette plays, those are solid investments. GL :toast:
Yeah, some guys do. $5 is too low IMO. I'm thinking $10+, but my timeframe is longer than most short-term traders/flippers. The company that is providing ABWTQ with the DIP financing has been given warrants to purchase shares at $10.
Why the heck would anyone want warrants to buy a stock at $10 when the stock is trading at .28? Good question, I think I know the answer -- it's probably going much higher than that in the future. How long!? Dont know, might take 2-3 years to get there, but I'll be holding on to at least half of my position until then.
Just sitting back and watching the show until then. Adding trading shares on any dips/pull-backs up to $1. Then, I'll just be holding, eating my popcorn, and watching the fireworks
@)
kuwl, i need to hear it, tell me im supposed to hold on theres more to come.... abwtq up 100%..!!!!@)
People over i-hub already call for $5.00 by 1Q 10, I almost forgot that I bought 1000 shares couple months ago, should've bought more, damn it. This bad boy is getting expensive very fast.
I dont know if it'll get to $5 that fast, but it is possible. There are so many positives going for Abi and they intend to come out of bankruptcy in 1st Q of 2010, so it could get very interesting around that time and I wouldnt say $5 is out of the question. I'm thinking more like March/April, but I've been happily surprised on other stocks. Time will tell, it's a hold/buy here no matter which way you look at it. See below for what I mean...
Abi - Abracadabra
At the close of today, the market cap is around 17 Million.
How much money did they get from the Canadian government last week? --------> 33 Million
How much lumber do they have sitting in the mills? ---------> 1 Billion
How much will they get from the Hydro sale? -------> 615 Million
How much from the NAFTA case settlement? --------> 250 Million
How much will they claim in black liquor credits next year? ------> 400 Million
How much do they have in NOLs? ---------> 1 Billion
How high is she gonna go?? You decide ... I have my own price targets, but with numbers like these, it's hard not to believe we'll be trading over $10 by this time next year.
At the close of today, the market cap is around 17 Million.
How much money did they get from the Canadian government last week? --------> 33 Million
How much lumber do they have sitting in the mills? ---------> 1 Billion
How much will they get from the Hydro sale? -------> 615 Million
How much from the NAFTA case settlement? --------> 250 Million
How much will they claim in black liquor credits next year? ------> 400 Million
How much do they have in NOLs? ---------> 1 Billion
How high is she gonna go?? You decide ... I have my own price targets, but with numbers like these, it's hard not to believe we'll be trading over $10 by this time next year.
Take a look at their latest MOR here: http://www.sec.gov/Archives/edgar/data/1393066/000139306609000051/ex991.htm
You tell me what their liabilities are. You'll be blown away by the numbers and realize why this is in my "Special Situation" investment category and not a Pinksheet Roulette play.
ABWTQ
AbitibiBowater accuses Newfoundland of hypocrisy
Ross Marowits THE CANADIAN PRESS
Published On Tue Oct 20 2009
MONTREAL – AbitibiBowater accused the Newfoundland government of hypocrisy Tuesday for turning to the courts to gain access to the insolvent paper giant's data room while denying the company a similar right during last year's expropriation.
As part of the expropriation of the Grand Falls plant, the province expressly denied Abitibi's access to the courts, leaving its only recourse to be a trade claim filing.
"They're going to pursue their rights in court and frankly that's a right that we don't have," AbitibiBowater spokesman Seth Kursman said in an interview.
The company said it is owed more than $300 million from the expropriation of its various assets.
It has yet to make good on its April filing of a notice of intent to submit a claim to arbitration under the North American Free Trade Agreement.
The ongoing spat between the province and Montreal-based AbitibiBowater will play out in a Quebec courtroom after the government formally sought access to the electronic data room to keep tabs on the company's financial health.
The province said it is being "unfairly discriminated" by AbitibiBowater's refusal to afford it access to information that allows stakeholders and creditors to assess the ongoing condition of Abitibi's business.
"The province must be treated in the same manner as Abitibi's other stakeholders and creditors," it said in a motion to the Quebec Superior Court.
Newfoundland and Labrador claims reimbursement of more than $24 million spent on severance and termination expenses to former AbitibiBowater employees.
Newfoundland also said Abitibi has incurred environmental obligations resulting from its activities that spanned several decades.
For example, AbitibiBowater's plans to spend more than $2 million on remediation work at a mine in Buchans were disrupted by its filing for bankruptcy protection last April. Residents of the small central Newfoundland community were told to get blood tests to find out if they've been poisoned by lead.
The two sides have entered into an agreement giving the province's environmental consultants access to locations where Abitibi had operations to determine the extent of its environmental obligations.
The Department of National Resources said Tuesday that the province "has a public duty to inform itself about AbitibiBowater's present and potential ability to compensate Newfoundland and Labrador for costs and liabilities arising from their economic activities in the province."
That can only be done if it can make its own assessment about Abitibi's financial status in the same way as the company's other creditors and stakeholders.
A hearing date has not been set.
But Kursman said it's up to the court to determine Newfoundland's status.
"We've got a range of issues in Newfoundland and hopefully we in short order are able to come up with a global resolution to all of our issues in the province," he said.
Meanwhile, AbitibiBowater is seeking a court order authorizing a $230 million interest-free super-priority secured loan financed from proceeds of its sale of a hydroelectric facility in Manicouagan, Quebec.
Abitibi sold is 60 per cent stake in the facility to Hydro-Quebec for $615 million. Part of the proceeds will be used to repay a $100 million Bank of Montreal debtor-in-possession loan guaranteed by the Quebec government.
http://www.thestar.com/business/article/713141--abitibibowater-accuses-newfoundland-of-hypocrisy
AbitibiBowater accuses Newfoundland of hypocrisy
Ross Marowits THE CANADIAN PRESS
Published On Tue Oct 20 2009
MONTREAL – AbitibiBowater accused the Newfoundland government of hypocrisy Tuesday for turning to the courts to gain access to the insolvent paper giant's data room while denying the company a similar right during last year's expropriation.
As part of the expropriation of the Grand Falls plant, the province expressly denied Abitibi's access to the courts, leaving its only recourse to be a trade claim filing.
"They're going to pursue their rights in court and frankly that's a right that we don't have," AbitibiBowater spokesman Seth Kursman said in an interview.
The company said it is owed more than $300 million from the expropriation of its various assets.
It has yet to make good on its April filing of a notice of intent to submit a claim to arbitration under the North American Free Trade Agreement.
The ongoing spat between the province and Montreal-based AbitibiBowater will play out in a Quebec courtroom after the government formally sought access to the electronic data room to keep tabs on the company's financial health.
The province said it is being "unfairly discriminated" by AbitibiBowater's refusal to afford it access to information that allows stakeholders and creditors to assess the ongoing condition of Abitibi's business.
"The province must be treated in the same manner as Abitibi's other stakeholders and creditors," it said in a motion to the Quebec Superior Court.
Newfoundland and Labrador claims reimbursement of more than $24 million spent on severance and termination expenses to former AbitibiBowater employees.
Newfoundland also said Abitibi has incurred environmental obligations resulting from its activities that spanned several decades.
For example, AbitibiBowater's plans to spend more than $2 million on remediation work at a mine in Buchans were disrupted by its filing for bankruptcy protection last April. Residents of the small central Newfoundland community were told to get blood tests to find out if they've been poisoned by lead.
The two sides have entered into an agreement giving the province's environmental consultants access to locations where Abitibi had operations to determine the extent of its environmental obligations.
The Department of National Resources said Tuesday that the province "has a public duty to inform itself about AbitibiBowater's present and potential ability to compensate Newfoundland and Labrador for costs and liabilities arising from their economic activities in the province."
That can only be done if it can make its own assessment about Abitibi's financial status in the same way as the company's other creditors and stakeholders.
A hearing date has not been set.
But Kursman said it's up to the court to determine Newfoundland's status.
"We've got a range of issues in Newfoundland and hopefully we in short order are able to come up with a global resolution to all of our issues in the province," he said.
Meanwhile, AbitibiBowater is seeking a court order authorizing a $230 million interest-free super-priority secured loan financed from proceeds of its sale of a hydroelectric facility in Manicouagan, Quebec.
Abitibi sold is 60 per cent stake in the facility to Hydro-Quebec for $615 million. Part of the proceeds will be used to repay a $100 million Bank of Montreal debtor-in-possession loan guaranteed by the Quebec government.
http://www.thestar.com/business/article/713141--abitibibowater-accuses-newfoundland-of-hypocrisy
