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Follow the Money
Carol- Admin
- Posts : 31775
Join date : 2010-04-07
Location : Hawaii
_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol
Carol- Admin
- Posts : 31775
Join date : 2010-04-07
Location : Hawaii
Asian Development Bank warns on “growing danger” of eurozone crisis
In addition, the report claims that the ten ASEAN economies – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam - would grow by just 5.4% in 2012 if the eurozone and the US are hit by recessions as severe as those of 2009.
Iwan Azis, head of the Asian Development Bank’s office of regional economic integration, says: “The turmoil emanating from Europe poses a growing danger to trade and finance within emerging east Asia.
IMF cuts emerging market forecasts
http://www.fundweb.co.uk/emerging/imf-cuts-emerging-market-forecasts/1038461.article
The International Monetary Fund (IMF) has cut its global growth forecast to 4% for this year and next, with advanced economies expected to see the lowest expansion in output. However, the IMF’s revisions to estimated growth in some emerging markets is not much better.
The September 2011 World Economic Outlook (WEO), one of a batch of reports published by the Washington-based lender last week, says developed markets’ growth will amount to 1.6% in 2011 - a downward revision of 0.6 percentage points on its forecast in June.
America is tipped to have the greatest decline, with the IMF revising its 2011 growth down a full percentage point to 1.5%. The eurozone’s growth has been cut by 0.4 percentage points to 1.6%, while Britain’s has been lowered by 0.4 percentage points to 1.1%.
Despite predicting growth of 6.4% for emerging markets this year, the IMF has lowered some regional projections by equally disappointing margins. Olivier Blanchard, the fund’s economic counsellor and its director of research, said on the outlook’s publication that the emerging world may have to accept a “more difficult environment” than it has faced in the recent past. (article continues below)
Central and eastern Europe, excluding the Commonwealth of Independent States (CIS), has seen its growth forecast cut by as much as America’s, to 4.3%. Russia faces a downward revision of 0.5 percentage points to 4.3% and India’s growth has been cut 0.4 percentage points to 7.8%.
Highlighting the general problems facing the developing world, the IMF says rising headline and core inflation remains elevated, especially with regard to energy and food prices. Although rises have receded, they remain volatile and emerging market inflation stays tilted to the upside, the fund says. The CIS, sub-Saharan Africa and the Middle East and North Africa are the regions facing the highest rates of inflation over 2011 and 2012, with the average expected to come in between 7% and 10%.
Rapidly growing credit in emerging markets, despite monetary tightening by many central banks, is another risk the IMF highlights in its report. Credit has grown “much faster” than nominal GDP in several countries. The IMF says this quantity of lending has most likely put its quality at risk and is reminiscent of conditions before previous financial crises.
The IMF’s Fiscal Monitor, published at the same time as the WEO, warns of additional problems for the emerging world. Several developing economies have weaker fiscal balances than they did before the 2007 crisis, when adjusted for the current phase of the economic cycle.
Looking to individual regions, the WEO notes that central and eastern Europe’s direct trade and financial exposure to the troubled eurozone periphery is limited.
However, the tight financial and economic linkages between the two regions means escalation of the eurozone’s sovereign debt and financial sector problems would further undermine emerging Europe’s growth.
In the Middle East and North Africa, the IMF admits that the ongoing social unrest in the region makes for an uncertain short-term outlook - but one tilted towards the downside.
The weaker growth of America and Europe could “sharply” drive down activity and compound the problems caused by domestic political instability in several nations.
The fund is also cautious on its outlook for Latin America and emerging Asia, despite forecasting stronger growth than in most other regions.
Both regions are considered by the IMF to be further along the credit cycle than their peers, which places them at risk in the event of a slowdown in global growth and a reversal in capital flows.
Furthermore, the fund’s Global Financial Stability Report suggests both regions have larger property bubbles than the rest of the world and calls on the authorities to examine the use of macroprudential policies to dampen them.
read more at link http://www.fundweb.co.uk/emerging/imf-cuts-emerging-market-forecasts/1038461.article
_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol
Carol- Admin
- Posts : 31775
Join date : 2010-04-07
Location : Hawaii
HSBC fined £10.5m by FSA for mis-selling to elderly
http://www.fundweb.co.uk/adviser-news/hsbc-fined-£105m-by-fsa-for-mis-selling-to-elderly/1042721.article
The FSA has issued its largest ever retail fine of £10.5m against HSBC because of inappropriate investment advice provided by one of its subsidiaries to elderly customers. HSBC estimates that the amount of compensation to be paid to Nursing Homes Fees Agency (NHFA) customers will be approximately £29.3m in addition to the fine. Between 2005 and 2010, HSBC subsidiary NHFA advised 2,485 customers to invest in asset-backed investment products, typically investment bonds, to fund long-term care costs for elderly customers. The products were sold to individuals entering, or already in, long-term care and in many cases these elderly customers were reliant on the investments to pay for their care.
The average age of NHFA’s customer base was almost 83. The total amount invested was close to £285m, putting the average amount invested per customer at approximately £115,000.
In June, HSBC announced it was to close NHFA to new business as it “no longer forms part of the group’s strategic direction”.
The advice and sales were unsuitable because in a number of cases the individual’s life expectancy was below the recommended five-year investment period. As a result customers with shorter life expectancies had to make withdrawals from these investments sooner than is recommended.
http://www.fundweb.co.uk/adviser-news/hsbc-fined-£105m-by-fsa-for-mis-selling-to-elderly/1042721.article
The FSA has issued its largest ever retail fine of £10.5m against HSBC because of inappropriate investment advice provided by one of its subsidiaries to elderly customers. HSBC estimates that the amount of compensation to be paid to Nursing Homes Fees Agency (NHFA) customers will be approximately £29.3m in addition to the fine. Between 2005 and 2010, HSBC subsidiary NHFA advised 2,485 customers to invest in asset-backed investment products, typically investment bonds, to fund long-term care costs for elderly customers. The products were sold to individuals entering, or already in, long-term care and in many cases these elderly customers were reliant on the investments to pay for their care.
The average age of NHFA’s customer base was almost 83. The total amount invested was close to £285m, putting the average amount invested per customer at approximately £115,000.
In June, HSBC announced it was to close NHFA to new business as it “no longer forms part of the group’s strategic direction”.
The advice and sales were unsuitable because in a number of cases the individual’s life expectancy was below the recommended five-year investment period. As a result customers with shorter life expectancies had to make withdrawals from these investments sooner than is recommended.
_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol
Carol- Admin
- Posts : 31775
Join date : 2010-04-07
Location : Hawaii
HSBC Madoff class action settlement capped at $62.5m
http://www.fundweb.co.uk/home/news/hsbc-madoff-class-action-settlement-capped-at-$625m/1042289.article
28 November 2011 | HSBC has announced its settlement with defendants invested in a fund exposed to ponzi fraudster Bernard Madoff’s wealth management business has been capped at $62.5m. The bank had been the subject of a class action by investors in the Irish-domiciled Ucits fund Thema International, whose assets had been invested with Bernard L Madoff Securities.
The ammended settlement will see HSBC pay from $52.5m, up to a maxium of $62.5m.
HSBC had provided custodial, administration and other services to Thema, which had a purported net asset value of Thema, as at November 30, 2008, valued at $1.1 billion. It estimated that Thema’s actual transfers to Madoff Securities minus its actual withdrawals was approximately $312m.
The amended settlement agreement will be subject to a number of conditions, “including the court’s certification of a settlement class of investors worldwide, resolution of any objections that may be filed, and approval of the settlement as fair and reasonable”. The final amount will depend on the number of Thema shareholders who choose to exclude themselves from the settlement.
Madoff was sentenced to 150 years in prison in 2011 after being convicted over charges related to his giant ponzi scheme.
read more at http://www.fundweb.co.uk/home/news/hsbc-madoff-class-action-settlement-capped-at-$625m/1042289.article
http://www.fundweb.co.uk/home/news/hsbc-madoff-class-action-settlement-capped-at-$625m/1042289.article
28 November 2011 | HSBC has announced its settlement with defendants invested in a fund exposed to ponzi fraudster Bernard Madoff’s wealth management business has been capped at $62.5m. The bank had been the subject of a class action by investors in the Irish-domiciled Ucits fund Thema International, whose assets had been invested with Bernard L Madoff Securities.
The ammended settlement will see HSBC pay from $52.5m, up to a maxium of $62.5m.
HSBC had provided custodial, administration and other services to Thema, which had a purported net asset value of Thema, as at November 30, 2008, valued at $1.1 billion. It estimated that Thema’s actual transfers to Madoff Securities minus its actual withdrawals was approximately $312m.
The amended settlement agreement will be subject to a number of conditions, “including the court’s certification of a settlement class of investors worldwide, resolution of any objections that may be filed, and approval of the settlement as fair and reasonable”. The final amount will depend on the number of Thema shareholders who choose to exclude themselves from the settlement.
Madoff was sentenced to 150 years in prison in 2011 after being convicted over charges related to his giant ponzi scheme.
read more at http://www.fundweb.co.uk/home/news/hsbc-madoff-class-action-settlement-capped-at-$625m/1042289.article
_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol
devakas- Posts : 2038
Join date : 2010-04-10
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Carol- Admin
- Posts : 31775
Join date : 2010-04-07
Location : Hawaii
QUOTE:
You saw that title, “A $200K Mortgage for $2 a Month,” and maybe you thought, “that looks like spam.”
No. It’s real.
And then maybe you thought, “a $200,000 mortgage? For only $2 each month? That sounds impossible.”
Well, it is possible. It’s just not possible for you.
For Bank of America, yes. For Citigroup, yes. For Wells Fargo, yes.
For you, no.
The GAO’s main report on its audit of the Federal Reserve exposed who received the trillions and trillions of dollars in Fed bailouts. But the GAO report wasn’t very specific about the terms of those bailouts. For that, we have the Freedom of Information Act records obtained by Bloomberg News, which Bloomberg wrote about last week. Among other things, Bloomberg reported that the Fed lent out this cash to Wall Street at rates “as low as 0.01 percent.”
To such worthy recipients as Bear Stearns, AIG, the Royal Bank of Scotland, etc., etc.
Well, it could have been worse. The Fed could have just dumped the money into a wood chipper.
If you do that math, you’ll see that when the Fed gave Citigroup the money for a $200,000 mortgage, at 0.01 percent, Citigroup had to pay less than $2 each month for that money. Citigroup then lent that money to you – if it deigned to lend you anything – for maybe $1,000 a month, maybe more.
And that $40,000 credit card balance? Citigroup paid the Fed less than a dollar a month for that money. And you paid $1,000.
Citigroup pays $1. You pay $1,000. You see how that works?
Citigroup fell into such a deep hole that it had to borrow a “term-adjusted” $58,000,000,000 from the Fed, according to Page 132 of the GAO’s audit report.
And what would you get from the Fed, if you fell into a deep hole? Nothing. Nada. Zilch. Zip. Diddly-squat. Zero.
You wouldn’t get jack.
If you lose your home, you can sleep in your car. If you lose your car, you can sleep under a bridge. Unless, of course, you’re a Wall Street banker.
Two hundred and thirteen years ago, there was a Member of Congress who said: “Millions for defense, but not one penny for tribute.” Now we have a government that says: “Trillions for Wall Street, but not one penny for you.”
That’s our government. Unless we change it.
Courage,
Alan Grayson
You saw that title, “A $200K Mortgage for $2 a Month,” and maybe you thought, “that looks like spam.”
No. It’s real.
And then maybe you thought, “a $200,000 mortgage? For only $2 each month? That sounds impossible.”
Well, it is possible. It’s just not possible for you.
For Bank of America, yes. For Citigroup, yes. For Wells Fargo, yes.
For you, no.
The GAO’s main report on its audit of the Federal Reserve exposed who received the trillions and trillions of dollars in Fed bailouts. But the GAO report wasn’t very specific about the terms of those bailouts. For that, we have the Freedom of Information Act records obtained by Bloomberg News, which Bloomberg wrote about last week. Among other things, Bloomberg reported that the Fed lent out this cash to Wall Street at rates “as low as 0.01 percent.”
To such worthy recipients as Bear Stearns, AIG, the Royal Bank of Scotland, etc., etc.
Well, it could have been worse. The Fed could have just dumped the money into a wood chipper.
If you do that math, you’ll see that when the Fed gave Citigroup the money for a $200,000 mortgage, at 0.01 percent, Citigroup had to pay less than $2 each month for that money. Citigroup then lent that money to you – if it deigned to lend you anything – for maybe $1,000 a month, maybe more.
And that $40,000 credit card balance? Citigroup paid the Fed less than a dollar a month for that money. And you paid $1,000.
Citigroup pays $1. You pay $1,000. You see how that works?
Citigroup fell into such a deep hole that it had to borrow a “term-adjusted” $58,000,000,000 from the Fed, according to Page 132 of the GAO’s audit report.
And what would you get from the Fed, if you fell into a deep hole? Nothing. Nada. Zilch. Zip. Diddly-squat. Zero.
You wouldn’t get jack.
If you lose your home, you can sleep in your car. If you lose your car, you can sleep under a bridge. Unless, of course, you’re a Wall Street banker.
Two hundred and thirteen years ago, there was a Member of Congress who said: “Millions for defense, but not one penny for tribute.” Now we have a government that says: “Trillions for Wall Street, but not one penny for you.”
That’s our government. Unless we change it.
Courage,
Alan Grayson
“Everybody knows that the dice are loaded
Everybody rolls with their fingers crossed
Everybody knows that the war is over
Everybody knows the good guys lost
Everybody knows the fight was fixed
The poor stay poor, the rich get rich
That's how it goes. Everybody knows.”
- Leonard Cohen, “Everybody Knows”
Everybody rolls with their fingers crossed
Everybody knows that the war is over
Everybody knows the good guys lost
Everybody knows the fight was fixed
The poor stay poor, the rich get rich
That's how it goes. Everybody knows.”
- Leonard Cohen, “Everybody Knows”
_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol
Carol- Admin
- Posts : 31775
Join date : 2010-04-07
Location : Hawaii
QUOTE
The IMF came up with $600 billion dollars to bail out Europe, The IMF gave it. (Remember the IMF was broke 3 weeks ago, Hmmmmmmmmmm, wonder where they got it.)
-----------------
Thanks to ENDLESS years of political bickering in Iraq, a few "commoners" DID learn about the Executive Order signed years ago by GWB that gave Americans the right to purchase Iraqi dinar.
Few know that the way Bill Clinton was actually able to end his 8 years in the White House with a BUDGET SURPLUS (bragged about now by many Democrats) was because the US Treasury back then had amassed a VAST amount of Kuwaiti dinar ... which then revalued. (This was also an unknown opportunity except for the privileged few.)
Right now, it's estimated the US Treasury now owns 3 to 5 trillion dinar as part of its foreign currency reserves. That, plus all the dinar they will retrieve from banks as people exchange them, is going to buy a LOT of Iraqi oil at a very major bargain price!
This time, the internet proved to be the vehicle that spread the word, and it's now estimated that around 3 million Americans now own dinar. (Which is still a tiny part of the population -- and the govt has led the way, helped by big bankers, in scaring away the public from buying any by repeatedly declaring it was all a scam.)
Fortunately, a number of US banks (5th 3rd, TD Bank, First Convenience Bank in Texas, First Interstate and others) have been selling dinar all along.
The protocol ceremony to announce the return of sovereignty to Iraq happened with Joe Biden last week in Iraq. Monday's official announcement in Washington will be to declare the Iraq War officially OVER ... NOT to talk about the revaluation of the dinar!! At Fort Hood, there will be another military ceremony on Mon/Tues.
Sometime between tonight and Monday when a White House press conference is scheduled to officially announce to the world that Iraq has now become a FULLY SOVEREIGN country.
The UN's final release of Iraq from ALL Chapter 7 restrictions included a requirement that they MUST have a revalued currency prior to any such release.
Iraq had its feet HELD TO THE FIRE over the issues of IMMUNITY for US troops remaining in Iraq for training and other purposes ... which they tried hard to avoid ... and contributing in a major way to the plan for keeping the eurozone from imploding.
There were undoubtedly many other back room deals made that will never be publicly known (corruption seems to reside in ALL governments), but intense negotiations have been ongoing in Washington for almost a full week now ... and it appears compromises were finally reached.
The US Treasury wants as much of these notes to be cashed in through the BANKING system rather than through dealers ... simply because THEN these notes are returned to the UST ... where they will be used to then PURCHASE OIL from Iraq via the "sweetheart deal" of around $32 per barrel" put in place years ago by George W Bush and Dick Cheney.
We haven't seen all the details of this arrangement, but it will obviously create trillions of dollars in revenue for the USA over several years. It would be more than enough to pay off our national debt ... but our corrupt and greedy govt officials will try to funnel as much as possible into their pet projects and their own pockets.
The IMF came up with $600 billion dollars to bail out Europe, The IMF gave it. (Remember the IMF was broke 3 weeks ago, Hmmmmmmmmmm, wonder where they got it.)
-----------------
Thanks to ENDLESS years of political bickering in Iraq, a few "commoners" DID learn about the Executive Order signed years ago by GWB that gave Americans the right to purchase Iraqi dinar.
Few know that the way Bill Clinton was actually able to end his 8 years in the White House with a BUDGET SURPLUS (bragged about now by many Democrats) was because the US Treasury back then had amassed a VAST amount of Kuwaiti dinar ... which then revalued. (This was also an unknown opportunity except for the privileged few.)
Right now, it's estimated the US Treasury now owns 3 to 5 trillion dinar as part of its foreign currency reserves. That, plus all the dinar they will retrieve from banks as people exchange them, is going to buy a LOT of Iraqi oil at a very major bargain price!
This time, the internet proved to be the vehicle that spread the word, and it's now estimated that around 3 million Americans now own dinar. (Which is still a tiny part of the population -- and the govt has led the way, helped by big bankers, in scaring away the public from buying any by repeatedly declaring it was all a scam.)
Fortunately, a number of US banks (5th 3rd, TD Bank, First Convenience Bank in Texas, First Interstate and others) have been selling dinar all along.
The protocol ceremony to announce the return of sovereignty to Iraq happened with Joe Biden last week in Iraq. Monday's official announcement in Washington will be to declare the Iraq War officially OVER ... NOT to talk about the revaluation of the dinar!! At Fort Hood, there will be another military ceremony on Mon/Tues.
Sometime between tonight and Monday when a White House press conference is scheduled to officially announce to the world that Iraq has now become a FULLY SOVEREIGN country.
The UN's final release of Iraq from ALL Chapter 7 restrictions included a requirement that they MUST have a revalued currency prior to any such release.
Iraq had its feet HELD TO THE FIRE over the issues of IMMUNITY for US troops remaining in Iraq for training and other purposes ... which they tried hard to avoid ... and contributing in a major way to the plan for keeping the eurozone from imploding.
There were undoubtedly many other back room deals made that will never be publicly known (corruption seems to reside in ALL governments), but intense negotiations have been ongoing in Washington for almost a full week now ... and it appears compromises were finally reached.
The US Treasury wants as much of these notes to be cashed in through the BANKING system rather than through dealers ... simply because THEN these notes are returned to the UST ... where they will be used to then PURCHASE OIL from Iraq via the "sweetheart deal" of around $32 per barrel" put in place years ago by George W Bush and Dick Cheney.
We haven't seen all the details of this arrangement, but it will obviously create trillions of dollars in revenue for the USA over several years. It would be more than enough to pay off our national debt ... but our corrupt and greedy govt officials will try to funnel as much as possible into their pet projects and their own pockets.
_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol
Owlsden- Posts : 459
Join date : 2011-10-16
Age : 55
Location : Sweets Dreaming
NIA is very pleased that its latest stock suggestion BroadVision Inc. (BVSN) closed last week at $12.71 for a gain of 53% since NIA first suggested it on December 12th at $8.31. NIA considers BVSN to be the best looking stock in the whole entire market right now and believes that its run is only at the very early stages. Those who missed out on BVSN so far need to realize that all BVSN has done is rise back up to its cash position. NIA believes BVSN's largest gains are still to come in the upcoming weeks as the stock finally begins to receive value for their Clearvale enterprise social networking platform that NIA believes will lead the industry along with competitors JIVE and Lithium.
Don't be frustrated if you missed out on the large gains so far. Start researching BVSN immediately. We did not suggest BVSN simply because it was trading below cash. We suggested BVSN because they have what we consider to be the best product in what will be the hottest industry of 2012 and fastest growing technology space of the decade. With only 4.515 million shares outstanding and 2.54 million shares in the float, BVSN has astronomical upside potential. We believe BVSN's cash per share price of $12.58 will become a new floor for the stock, which means BVSN has very little downside risk in comparison to its huge upside.
BVSN's Clearvale does just about everything that the solutions of JIVE and Lithium do, but Clearvale is the only solution in the industry that allows businesses to create separate social networks for their employees, partners, and customers, while managing them together as a whole in one social enterprise ecosystem. While JIVE has a market cap of $874 million and enterprise value of $673 million, and Lithium is now receiving a private valuation of approximately $500 million, BVSN's market cap of $57.386 million is barely above its cash position of $56.79 million, giving Clearvale a valuation of below $600,000 (well under $1 million).
NIA believes the only reason Clearvale is being valued at next to nothing despite it having almost all of the features that JIVE and Ltihium offer, is because the investment community is currently unaware of BVSN and how they have developed from the ground-up what NIA believes will be one of the market leading enterprise social platforms. As one of only two publicly traded pure plays in this industry along with JIVE, NIA believes that BVSN will soon trade at a very high premium and rich valuation. Investors who want to capitalize on what will likely be the fastest growing industry of the decade only have a choice of buying JIVE or BVSN at this time, and clearly BVSN is extremely undervalued compared to JIVE, with an enterprise value of less than 1/10 of 1% of JIVE.
BVSN currently has one of the best looking charts in the world and NIA believes the company will finally be discovered in the upcoming weeks leading up to Facebook's April IPO. After Wall Street discovers BVSN, if investors decide to value BVSN with an enterprise value of $500 million near JIVE and Lithium, BVSN would trade at a price of $123 per share with only 4.515 million shares outstanding. If the investment community decides to value BVSN with an enterprise value that is just 1/10 of JIVE's $673 million, BVSN would trade at a market cap of $124.09 million including its cash, which would equal a price of $27.48 per share.
BVSN currently has revenues of $18.45 million compared to JIVE's $69.44 million and Lithium's $30 million. While JIVE is currently losing $44.9 million on a trailing twelve month basis, BVSN is only losing $3.3 million and has enough cash to last for over a decade at its current burn rate. BVSN has 159 employees compared to JIVE's 392 and Lithium's 200.
While BVSN might not deserve to be valued quite at the same level of JIVE or Lithium at this time, an enterprise value for BVSN of just 1/10 of JIVE is clearly extremely conservative and could easily be obtained as the word starts to spread about BVSN and its Clearvale enterprise social platform. BVSN's Clearvale is a full enterprise social networking suite providing just about every type of feature and service that businesses could possibly imagine providing. Some of the services that businesses can provide with Clearvale are blogs, discussion forums, wikis, communities, activity feeds, and file sharing, just to name a few.
Clearvale is delivered as cloud-based software as a service, meaning there is no service setup or administration for end customers, no software updates to install, and no capacity planning. New Clearvale networks are created in a matter of seconds. Because Clearvale is in the cloud, users can access Clearvale networks from anywhere, from any device whether its a PC, iPhone, iPad or other mobile device.
Check out Apple's iTunes store to see how BVSN's Clearvale for the iPhone is now available for download: http://itunes.apple.com/us/app/clearvale/id392889538?mt=8
Clearvale has been built from the ground up as a people central social application for businesses. Clearvale puts people at the heart of the social network. Clearvale empowers users to get work done without requiring team resources for configuration or setup.
Network administrators can choose which content to promote on their Clearvale enabled homepage and can choose the look and feel of the network. Users can choose what to present on their profile page and can create community pages for groups of users. The convenience of doing all of this without IT support doesn't mean that a company's ability to customize the look of their community is compromised. BVSN makes it easy for companies to make their Clearvale communities match the branding of their sites.
While some enterprise social solutions focus solely on engaging with employees and others focus solely on the company engaging with customers, Clearvale is designed to power both so that it can be used to power internal networks, partner networks, and social CRM networks. Not only that, but Clearvale is designed to allow these various social networks to be integrated through the concept of social ecosystems, which allows several social networks to overlap each other with users and content to be shared between them, allowing a discussion to move between the different networks as required. If a company has a customer network, a partner network, an employee network, and a recruitment network, employees at the company can be a part of all these networks, which allows them to link internal and external discussions to resolve problems quickly and efficiently.
Coming soon, BVSN will be launching Clearvale Nexus, which will enable Clearvale networks from different companies to be linked together for cross company collaboration. This will allow members of one network to participate in secure private communities of another organization's network. Clearvale Nexus will provide a global directory of Clearvale networks making it easier for companies to discover new customers and partners and work together.
NIA believes that Clearvale Nexus, once it launches, will clearly put BVSN at the forefront of the industry as one of the leaders. Clearvale Nexus will set BVSN's Clearvale platform apart from JIVE, Lithium, and all other competitors, and give BVSN a tremendous advantage over the competition in the industry. Companies will have a very good reason to choose Clearvale over the platforms of JIVE and Lithium, because BVSN's competitors haven't figured out a way to allow companies to integrate their enterprise social networks together with the networks of other companies in a secure manner.
BVSN's Clearvale has a unique pricing model. Most social business applications are licensed for each registered user, however infrequently that user logs into the system. Clearvale's pricing is based on the total number of unique monthly visitors, so you only pay for network members who are actually using the system.
BVSN currently offers two Clearvale products, Clearvale Express and Clearvale Enterprise. Clearvale Express is a free lightweight enterprise social network that provides companies a great way to get started. Clearvale Enterprise is the full version providing more features, storage, and control, with advanced infrastructure capabilities such as ecosystems. Additionally, Clearvale Passport allows companies to make their own Clearvale installations so that they can provide Clearvale Express and Clearvale Enterprise solutions to their own customers.
BVSN is quite possibly the best looking stock in the world today from a technical analysis standpoint. BVSN has a near perfect technical analysis rating. All together, 12 out of 13 of BVSN's technical indicators are currently rated a buy, including 100% of BVSN's short and medium term technical indicators.
See for yourself here: http://barchart.com/opinions/stocks/BVSN
BVSN's only technical indicator that currently isn't a buy is one of its three long-term indicators, but that could change this week. It is extremely rare that any stock achieves a 100% perfect technical buy rating. Only once has NIA seen one of its stock suggestions achieve this. It actually occurred last month to MGN, which was NIA's last stock suggestion before BVSN. MGN received a 100% perfect technical buy rating on the evening of December 5th. The very next day, MGN rose as much as 21% on volume that was seven times higher than average. It should be very interesting to see if BVSN achieves a 100% perfect technical buy rating this week and if so, what will happen to the price of the stock afterwards.
Massive consolidation has been taking place in this industry in recent months and we expect the acquisitions to pick up steam leading up to and after the Facebook IPO. SAP recently announced a deal to acquire SuccessFactors (SFSF) for $3.4 billion, which was a premium of 52%. SAP also acquired Crossgate at an undisclosed price. IBM recently announced a deal to acquire DemandTec (DMAN) for $440 million, which was a premium of 57%. Oracle recently announced a deal to acquire Rightnow Technologies (RNOW) for $1.5 billion, which was a premium of 20%. JIVE recently acquired OffiSync for around $30 million, as well as both Filtrbox and Proximal Labs at undisclosed prices. Lithium recently acquired ScoutLabs for $25 million. Salesforce recently acquired Rypple for $65 million and Radian6 for at least $326 million. Telligent recently acquired Leverage Software at an undisclosed price. Cisco recently acquired Versly at an undisclosed price. VMware recently acquired Socialcast at an undisclosed price. Walmart recently acquired Kosmix for $300 million. Kana recently acquired Overtone at an undisclosed price. MarketWire recently acquired Sysomos for $35 million. Akamai recently acquired Cotendo for $268 million.
With the Federal Reserve printing trillions of dollars out of thin air and massive growth projected for this industry, countless billions are flying into social enterprise companies that are both public and private. Add to this Lithium just raising $53.4 million last week in venture capital funding and there is no telling what type of money could soon flow into BVSN stock after it becomes discovered. BVSN could easily be worth several hundred million dollars to a billion dollar software giant looking to expand into the B2B enterprise social solutions space.
If you would like to receive NIA's exclusive Social Network Stocks 2012 Report, please go to: http://inflation.us/social2012.html
Disclaimer: NIA owns 150,000 shares of BVSN that it purchased at an average price of $9.1628 per share. NIA agreed to a 60 day holding period on its initial position of 122,000 shares starting from the date that NIA first suggested the company, but NIA intends to sell these 122,000 shares at some point in the future after the date of February 12th, 2012. NIA intends to sell its additional 28,000 shares of BVSN in the future and can sell them at any time. NIA's co-founders have also been referred business in the past from somebody who has filed as a large BVSN shareholder. NIA also reserves the right to accumulate additional shares of BVSN at any time. Past performance is not an indicator of future returns.
NIA is not an investment advisor. This email is not a solicitation or recommendation to buy, sell, or hold securities. Never make investment decisions based on anything NIA says. This email is meant for informational and educational purposes only and does not provide investment advice. NIA's co-founders have previously disseminated information about BVSN in other media outlets.
Additional legal disclaimer information: http://inflation.us/legaldisclaimer.html
Don't be frustrated if you missed out on the large gains so far. Start researching BVSN immediately. We did not suggest BVSN simply because it was trading below cash. We suggested BVSN because they have what we consider to be the best product in what will be the hottest industry of 2012 and fastest growing technology space of the decade. With only 4.515 million shares outstanding and 2.54 million shares in the float, BVSN has astronomical upside potential. We believe BVSN's cash per share price of $12.58 will become a new floor for the stock, which means BVSN has very little downside risk in comparison to its huge upside.
BVSN's Clearvale does just about everything that the solutions of JIVE and Lithium do, but Clearvale is the only solution in the industry that allows businesses to create separate social networks for their employees, partners, and customers, while managing them together as a whole in one social enterprise ecosystem. While JIVE has a market cap of $874 million and enterprise value of $673 million, and Lithium is now receiving a private valuation of approximately $500 million, BVSN's market cap of $57.386 million is barely above its cash position of $56.79 million, giving Clearvale a valuation of below $600,000 (well under $1 million).
NIA believes the only reason Clearvale is being valued at next to nothing despite it having almost all of the features that JIVE and Ltihium offer, is because the investment community is currently unaware of BVSN and how they have developed from the ground-up what NIA believes will be one of the market leading enterprise social platforms. As one of only two publicly traded pure plays in this industry along with JIVE, NIA believes that BVSN will soon trade at a very high premium and rich valuation. Investors who want to capitalize on what will likely be the fastest growing industry of the decade only have a choice of buying JIVE or BVSN at this time, and clearly BVSN is extremely undervalued compared to JIVE, with an enterprise value of less than 1/10 of 1% of JIVE.
BVSN currently has one of the best looking charts in the world and NIA believes the company will finally be discovered in the upcoming weeks leading up to Facebook's April IPO. After Wall Street discovers BVSN, if investors decide to value BVSN with an enterprise value of $500 million near JIVE and Lithium, BVSN would trade at a price of $123 per share with only 4.515 million shares outstanding. If the investment community decides to value BVSN with an enterprise value that is just 1/10 of JIVE's $673 million, BVSN would trade at a market cap of $124.09 million including its cash, which would equal a price of $27.48 per share.
BVSN currently has revenues of $18.45 million compared to JIVE's $69.44 million and Lithium's $30 million. While JIVE is currently losing $44.9 million on a trailing twelve month basis, BVSN is only losing $3.3 million and has enough cash to last for over a decade at its current burn rate. BVSN has 159 employees compared to JIVE's 392 and Lithium's 200.
While BVSN might not deserve to be valued quite at the same level of JIVE or Lithium at this time, an enterprise value for BVSN of just 1/10 of JIVE is clearly extremely conservative and could easily be obtained as the word starts to spread about BVSN and its Clearvale enterprise social platform. BVSN's Clearvale is a full enterprise social networking suite providing just about every type of feature and service that businesses could possibly imagine providing. Some of the services that businesses can provide with Clearvale are blogs, discussion forums, wikis, communities, activity feeds, and file sharing, just to name a few.
Clearvale is delivered as cloud-based software as a service, meaning there is no service setup or administration for end customers, no software updates to install, and no capacity planning. New Clearvale networks are created in a matter of seconds. Because Clearvale is in the cloud, users can access Clearvale networks from anywhere, from any device whether its a PC, iPhone, iPad or other mobile device.
Check out Apple's iTunes store to see how BVSN's Clearvale for the iPhone is now available for download: http://itunes.apple.com/us/app/clearvale/id392889538?mt=8
Clearvale has been built from the ground up as a people central social application for businesses. Clearvale puts people at the heart of the social network. Clearvale empowers users to get work done without requiring team resources for configuration or setup.
Network administrators can choose which content to promote on their Clearvale enabled homepage and can choose the look and feel of the network. Users can choose what to present on their profile page and can create community pages for groups of users. The convenience of doing all of this without IT support doesn't mean that a company's ability to customize the look of their community is compromised. BVSN makes it easy for companies to make their Clearvale communities match the branding of their sites.
While some enterprise social solutions focus solely on engaging with employees and others focus solely on the company engaging with customers, Clearvale is designed to power both so that it can be used to power internal networks, partner networks, and social CRM networks. Not only that, but Clearvale is designed to allow these various social networks to be integrated through the concept of social ecosystems, which allows several social networks to overlap each other with users and content to be shared between them, allowing a discussion to move between the different networks as required. If a company has a customer network, a partner network, an employee network, and a recruitment network, employees at the company can be a part of all these networks, which allows them to link internal and external discussions to resolve problems quickly and efficiently.
Coming soon, BVSN will be launching Clearvale Nexus, which will enable Clearvale networks from different companies to be linked together for cross company collaboration. This will allow members of one network to participate in secure private communities of another organization's network. Clearvale Nexus will provide a global directory of Clearvale networks making it easier for companies to discover new customers and partners and work together.
NIA believes that Clearvale Nexus, once it launches, will clearly put BVSN at the forefront of the industry as one of the leaders. Clearvale Nexus will set BVSN's Clearvale platform apart from JIVE, Lithium, and all other competitors, and give BVSN a tremendous advantage over the competition in the industry. Companies will have a very good reason to choose Clearvale over the platforms of JIVE and Lithium, because BVSN's competitors haven't figured out a way to allow companies to integrate their enterprise social networks together with the networks of other companies in a secure manner.
BVSN's Clearvale has a unique pricing model. Most social business applications are licensed for each registered user, however infrequently that user logs into the system. Clearvale's pricing is based on the total number of unique monthly visitors, so you only pay for network members who are actually using the system.
BVSN currently offers two Clearvale products, Clearvale Express and Clearvale Enterprise. Clearvale Express is a free lightweight enterprise social network that provides companies a great way to get started. Clearvale Enterprise is the full version providing more features, storage, and control, with advanced infrastructure capabilities such as ecosystems. Additionally, Clearvale Passport allows companies to make their own Clearvale installations so that they can provide Clearvale Express and Clearvale Enterprise solutions to their own customers.
BVSN is quite possibly the best looking stock in the world today from a technical analysis standpoint. BVSN has a near perfect technical analysis rating. All together, 12 out of 13 of BVSN's technical indicators are currently rated a buy, including 100% of BVSN's short and medium term technical indicators.
See for yourself here: http://barchart.com/opinions/stocks/BVSN
BVSN's only technical indicator that currently isn't a buy is one of its three long-term indicators, but that could change this week. It is extremely rare that any stock achieves a 100% perfect technical buy rating. Only once has NIA seen one of its stock suggestions achieve this. It actually occurred last month to MGN, which was NIA's last stock suggestion before BVSN. MGN received a 100% perfect technical buy rating on the evening of December 5th. The very next day, MGN rose as much as 21% on volume that was seven times higher than average. It should be very interesting to see if BVSN achieves a 100% perfect technical buy rating this week and if so, what will happen to the price of the stock afterwards.
Massive consolidation has been taking place in this industry in recent months and we expect the acquisitions to pick up steam leading up to and after the Facebook IPO. SAP recently announced a deal to acquire SuccessFactors (SFSF) for $3.4 billion, which was a premium of 52%. SAP also acquired Crossgate at an undisclosed price. IBM recently announced a deal to acquire DemandTec (DMAN) for $440 million, which was a premium of 57%. Oracle recently announced a deal to acquire Rightnow Technologies (RNOW) for $1.5 billion, which was a premium of 20%. JIVE recently acquired OffiSync for around $30 million, as well as both Filtrbox and Proximal Labs at undisclosed prices. Lithium recently acquired ScoutLabs for $25 million. Salesforce recently acquired Rypple for $65 million and Radian6 for at least $326 million. Telligent recently acquired Leverage Software at an undisclosed price. Cisco recently acquired Versly at an undisclosed price. VMware recently acquired Socialcast at an undisclosed price. Walmart recently acquired Kosmix for $300 million. Kana recently acquired Overtone at an undisclosed price. MarketWire recently acquired Sysomos for $35 million. Akamai recently acquired Cotendo for $268 million.
With the Federal Reserve printing trillions of dollars out of thin air and massive growth projected for this industry, countless billions are flying into social enterprise companies that are both public and private. Add to this Lithium just raising $53.4 million last week in venture capital funding and there is no telling what type of money could soon flow into BVSN stock after it becomes discovered. BVSN could easily be worth several hundred million dollars to a billion dollar software giant looking to expand into the B2B enterprise social solutions space.
If you would like to receive NIA's exclusive Social Network Stocks 2012 Report, please go to: http://inflation.us/social2012.html
Disclaimer: NIA owns 150,000 shares of BVSN that it purchased at an average price of $9.1628 per share. NIA agreed to a 60 day holding period on its initial position of 122,000 shares starting from the date that NIA first suggested the company, but NIA intends to sell these 122,000 shares at some point in the future after the date of February 12th, 2012. NIA intends to sell its additional 28,000 shares of BVSN in the future and can sell them at any time. NIA's co-founders have also been referred business in the past from somebody who has filed as a large BVSN shareholder. NIA also reserves the right to accumulate additional shares of BVSN at any time. Past performance is not an indicator of future returns.
NIA is not an investment advisor. This email is not a solicitation or recommendation to buy, sell, or hold securities. Never make investment decisions based on anything NIA says. This email is meant for informational and educational purposes only and does not provide investment advice. NIA's co-founders have previously disseminated information about BVSN in other media outlets.
Additional legal disclaimer information: http://inflation.us/legaldisclaimer.html
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WASHINGTON (Reuters) - President Barack Obama announced an election year shake-up at the White House on Monday, choosing budget director Jack Lew to replace chief of staff Bill Daley, who resigned after a troubled one-year tenure. The switch at the top of the White House power chain comes as Obama prepares for a tough re-election battle that will require support from his left-leaning base. Daley, who as chief of staff was Obama's top aide, was unpopular with that base, which saw him as too close to big business and too soft on Republicans. ...
http://news.yahoo.com/top-obama-aide-daley-steps-down-budget-chief-000057653.html
http://news.yahoo.com/top-obama-aide-daley-steps-down-budget-chief-000057653.html
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