revenues + 400%, ceo und coo kaufen 25% des free float - 500 Beiträge pro Seite (Seite 2)
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Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 2. | 18.196,79 | +0,97 | 236 | |||
2. | 1. | 170,90 | +1,61 | 94 | |||
3. | 9. | 10,580 | +9,07 | 67 | |||
4. | 10. | 1,2000 | +37,14 | 60 | |||
5. | Neu! | 85,45 | -0,87 | 33 | |||
6. | 4. | 2.325,19 | +1,02 | 23 | |||
7. | 16. | 6,9240 | +0,84 | 23 | |||
8. | Neu! | 19,274 | +18,52 | 22 |
-29%
Mal sehen was wir heute Abend haben. Hat man ja schon gestern gesehen, wie schnell es auf und ab geht.
Mal sehen was wir heute Abend haben. Hat man ja schon gestern gesehen, wie schnell es auf und ab geht.
Zum Glück ist bald vorerst Schluss mit der MiniVolumenManipulationsScheisse. Nur noch 2 Börsentage wenn die Zahlen vorbörslich kommen, sonst 3 Tage.
Denke das wir morgen wieder bei mindestens 0,008 stehen. Würde zumindest zur letzten Zeit passen.
Denke das wir morgen wieder bei mindestens 0,008 stehen. Würde zumindest zur letzten Zeit passen.
wie schon gesagt man kann sich die Sachen auch schönreden.
Bill aht seine Aktien auf den Markt geschmissen, das Volumen haben sie in der Zeit nach oben gebracht und jetzt will halt keiner mehr die Aktie haben
Angebot und Nachfrage regelt halt den Preis.
Keine Nachfrage schlechter Preis.
Kann auch ein Indiz für die Erwartung schlechter Zahlen sein.
Zumindest sitzen viele MM bei 0,005. Da sollte schon ein Boden vorhanden sein.
Bill aht seine Aktien auf den Markt geschmissen, das Volumen haben sie in der Zeit nach oben gebracht und jetzt will halt keiner mehr die Aktie haben
Angebot und Nachfrage regelt halt den Preis.
Keine Nachfrage schlechter Preis.
Kann auch ein Indiz für die Erwartung schlechter Zahlen sein.
Zumindest sitzen viele MM bei 0,005. Da sollte schon ein Boden vorhanden sein.
Antwort auf Beitrag Nr.: 29.247.748 von gauner1 am 10.05.07 11:54:41hi gauner,
na sieht zur zeit echt nicht ganz so doll aus, fast kein volumen wir sind zz. nur ein spielball der mm.
mal schauen ob sich das nächste woche mit den zahlen ändert.
gruß
toth
na sieht zur zeit echt nicht ganz so doll aus, fast kein volumen wir sind zz. nur ein spielball der mm.
mal schauen ob sich das nächste woche mit den zahlen ändert.
gruß
toth
Antwort auf Beitrag Nr.: 29.264.197 von haribo am 11.05.07 09:49:28Sag mal, meinst du das im Ernst ?
Würden die Zahlen richtig schlecht ausfallen, würden wohl derzeit DEUTLICH mehr Aktien gehandelt werden. Das derzeit Insiderhandel stattfindet glaube ich nicht. Schließlich besitzt Bill und vermutlich auch die anderen von IVGR mehr Aktien als nur 100.000 oder 200.000.
Die vielen Aktien kamen kurz nach Bekanntgabe der Übernahme auf dem Markt. Danach war mehr oder weniger tote Hose.
Das hat nichts mit Schönreden zu tun. Sondern mit Beobachtung des Kursverlaufs der letzten Tage. Da ging es mal hoch dann runter dann wieder hoch. Und alles bei kleinen Umsätzen.
Aber warten wir doch einfach mal ab. Bis zu den Zahlen ist es ja nicht mehr weit. Ich zumindest rechne mit weiteren starken INTERNEN Wachstum. Bei Maupintour kann ja noch nicht allzu viel passiert sein.
Würden die Zahlen richtig schlecht ausfallen, würden wohl derzeit DEUTLICH mehr Aktien gehandelt werden. Das derzeit Insiderhandel stattfindet glaube ich nicht. Schließlich besitzt Bill und vermutlich auch die anderen von IVGR mehr Aktien als nur 100.000 oder 200.000.
Die vielen Aktien kamen kurz nach Bekanntgabe der Übernahme auf dem Markt. Danach war mehr oder weniger tote Hose.
Das hat nichts mit Schönreden zu tun. Sondern mit Beobachtung des Kursverlaufs der letzten Tage. Da ging es mal hoch dann runter dann wieder hoch. Und alles bei kleinen Umsätzen.
Aber warten wir doch einfach mal ab. Bis zu den Zahlen ist es ja nicht mehr weit. Ich zumindest rechne mit weiteren starken INTERNEN Wachstum. Bei Maupintour kann ja noch nicht allzu viel passiert sein.
noch ein Handelstag und wir wissen mehr
Spätestens am 15.05.2007
Antwort auf Beitrag Nr.: 29.278.032 von Blindgaenger2 am 12.05.07 00:06:23
niemand hätte gedacht, dass der kurs von 0,10 auf 0,006 fällt. erstaunlich, dass ivgr nichts dafür getan hat, dass der kurs - sagen wir mal bei 0,05 - stabil bleibt. ivgr hätte eine menge machen können. werbung, meldungen, aktienrückkäufe usw.usw. dem bill sind die aktionäre scheiß egal
schönes wochenende
niemand hätte gedacht, dass der kurs von 0,10 auf 0,006 fällt. erstaunlich, dass ivgr nichts dafür getan hat, dass der kurs - sagen wir mal bei 0,05 - stabil bleibt. ivgr hätte eine menge machen können. werbung, meldungen, aktienrückkäufe usw.usw. dem bill sind die aktionäre scheiß egal
schönes wochenende
Die News ist doch schon alt. Sie wurde am 12.04.2007 veröffentlicht.
Jetzt geht es die Ergebnisse des Q I. 2007.
Sollte ein ähnliches gutes Ergebnis wie in Q IV. 2006 erreicht werden, stimme ich Dir zu, dass hier dann ein Kursfeuerwerk abbrennt.
Am 15.05. wissen wir mehr. Abwarten und einen schön en Muttertag an alle IVGRrer.
Jetzt geht es die Ergebnisse des Q I. 2007.
Sollte ein ähnliches gutes Ergebnis wie in Q IV. 2006 erreicht werden, stimme ich Dir zu, dass hier dann ein Kursfeuerwerk abbrennt.
Am 15.05. wissen wir mehr. Abwarten und einen schön en Muttertag an alle IVGRrer.
Ich bin gespannt, was uns am Montag erwartet. Sollten einige Insider schon mehr wissen, werden wir es am Kursausschlag erkennen.
Abwarten!!
Abwarten!!
Antwort auf Beitrag Nr.: 29.293.950 von Spekufuchs am 13.05.07 19:42:13Letztes mal gab es auch gute Zahlen und kein Insiderhandel. Daher wird es morgen wohl auch keinen geben.
Schätze ich einfach mal so.
Schätze ich einfach mal so.
Kein Insiderhandel und das bei der riesigen Belegschaft, und den volumina, die hier gehandelt werden, kaum zu glauben.
bombjack aus der stadt des bundesligatabellenführers und zukünftigen deutschen meisters.
die woche gibts NEWS
Antwort auf Beitrag Nr.: 29.293.991 von tzadoz am 13.05.07 19:50:26ein paar shares halten sie ja schon
All shares are free trading except 9,054,973 owned by Invicta's
directors and officers.
All shares are free trading except 9,054,973 owned by Invicta's
directors and officers.
Antwort auf Beitrag Nr.: 29.271.215 von tzadoz am 11.05.07 16:17:59Der Wert wird nicht von uns kleinen Aktionären oder von Bill gemacht sondern nur von den Leuten von denen Bill sein Geld holt.
Bill sagt ich brauche Geld dann schmeissen die Ihre Aktien auf den Markt bis die Summe an Kohle geholt ist die Bill benötigt.
Dann gehen die MM los gehen mit dem Kurs nach oben damit jeder denkt jetzt geht die Post ab der Kurs ist schon so weit gefallen das es nur noch nach oben gehen kann. ARCA kommt ins Spiel um den Kurs stabil oben zu halten. Ist die Summe erreicht dann sind nur noch die normalen Aktionäre da die verkaufen weil Sie Angst haben der Kurs verfällt immer weiter bis die Leute keine Lust mehr haben zu verkaufen dann geht das Volumen gegen Null.
Morgen kommen die Zahlen und wenn Sie ausserordentlich gut wären dann hätten wir es in Form von steigenden Volumen gemerkt.
Bin ja auch mal gespannt wieviel Aktien jetzt draussen sind.
Bill sagt ich brauche Geld dann schmeissen die Ihre Aktien auf den Markt bis die Summe an Kohle geholt ist die Bill benötigt.
Dann gehen die MM los gehen mit dem Kurs nach oben damit jeder denkt jetzt geht die Post ab der Kurs ist schon so weit gefallen das es nur noch nach oben gehen kann. ARCA kommt ins Spiel um den Kurs stabil oben zu halten. Ist die Summe erreicht dann sind nur noch die normalen Aktionäre da die verkaufen weil Sie Angst haben der Kurs verfällt immer weiter bis die Leute keine Lust mehr haben zu verkaufen dann geht das Volumen gegen Null.
Morgen kommen die Zahlen und wenn Sie ausserordentlich gut wären dann hätten wir es in Form von steigenden Volumen gemerkt.
Bin ja auch mal gespannt wieviel Aktien jetzt draussen sind.
Antwort auf Beitrag Nr.: 29.302.693 von haribo am 14.05.07 15:52:24ich schätze mal 55m
Antwort auf Beitrag Nr.: 29.302.693 von haribo am 14.05.07 15:52:24Hattest du nicht mal geschrieben, das du häufiger in OTC-Werte investierst. Denn eine änliche Vorgehensweise wie von dir beschrieben, gibt es bei SEHR VIELEN OTC-Werten.
Dementsprechend wäre es verwunderlich, wenn du immer wieder OTC-Werte findest, bei denen es nicht so ist.
Dementsprechend wäre es verwunderlich, wenn du immer wieder OTC-Werte findest, bei denen es nicht so ist.
Antwort auf Beitrag Nr.: 29.304.011 von Toth am 14.05.07 16:54:46da sich der Bericht auf die ersten 3 Monate bezieht, wird am Ende der dritten Monats noch nicht so viel auf dem Markt sein. Denke es werden bis dahin so in etwa 39 Mille sein.
dato in etwa 60 Mille.
ist nur meine Schätzung. Trotzdem ist 60 auch nicht die Welt.
Wenn die endlich mal angreifen, dann sind da ganz schnell 50 Cent drin.....
dato in etwa 60 Mille.
ist nur meine Schätzung. Trotzdem ist 60 auch nicht die Welt.
Wenn die endlich mal angreifen, dann sind da ganz schnell 50 Cent drin.....
Antwort auf Beitrag Nr.: 29.311.966 von Blindgaenger2 am 14.05.07 22:03:25Wenn die endlich mal angreifen, dann sind da ganz schnell 50 Cent drin.....
Kursprognose von 50 Cent und keiner schlägt auf dich ein ?
Also entweder man hat dich schon aufgegeben oder die "Kritiker" (die es auch geben muß) schlafen schon alle.
Naja, warten wir erstmal die Zahlen ab. Schließlich wäre ich auch schon mit Kursen zwischen 5-10 Cent vorerst zufrieden.
Unter #495 habe ich ja meine Umsatzhoffnungen bzw. Erwartungen kundgetan. Mal sehen was davon eintrifft.
Kursprognose von 50 Cent und keiner schlägt auf dich ein ?
Also entweder man hat dich schon aufgegeben oder die "Kritiker" (die es auch geben muß) schlafen schon alle.
Naja, warten wir erstmal die Zahlen ab. Schließlich wäre ich auch schon mit Kursen zwischen 5-10 Cent vorerst zufrieden.
Unter #495 habe ich ja meine Umsatzhoffnungen bzw. Erwartungen kundgetan. Mal sehen was davon eintrifft.
Heute ist der 15.05., der Tag der Wahrheit.
Ich hoffe, die Q. I. 2007-Zahlen werden vor Börsenbeginn in USA bekanntgegeben.
Ich hoffe, die Q. I. 2007-Zahlen werden vor Börsenbeginn in USA bekanntgegeben.
Antwort auf Beitrag Nr.: 29.315.397 von tzadoz am 14.05.07 23:53:45natürlich ist diese Ziel nur Mittelfristig bis Langfristig gesteckt.
Aber ich sehe immer noch Travelzoo vor mir.......
Die Möglichkeit, dass IVGR eine erfolgreichen Weg beschreiten werden ist sehr groß.....
Für Huete sehe ich noch nicht dir große Wende. aber einen kleinen Fortschritt...
Aber ich sehe immer noch Travelzoo vor mir.......
Die Möglichkeit, dass IVGR eine erfolgreichen Weg beschreiten werden ist sehr groß.....
Für Huete sehe ich noch nicht dir große Wende. aber einen kleinen Fortschritt...
Antwort auf Beitrag Nr.: 29.318.068 von Spekufuchs am 15.05.07 07:36:34meist bringt Bill die Meldungen gegen
09.00 Uhr
09.00 Uhr
Antwort auf Beitrag Nr.: 29.318.365 von Blindgaenger2 am 15.05.07 08:15:33Mist. Heute hat sich der Fehlerteufel eingeschlichen. Hoffentlich sieht das im Q Bericht anders aus als bei meinem Posting.....
Antwort auf Beitrag Nr.: 29.305.726 von tzadoz am 14.05.07 18:27:06Da hast du schon Recht deshalb gilt bei mir immer das 3 Stufen Prinzip
1. je nach Anstieg mit der Menge an Aktien raus die man benötigt um keinen Verlsut zu machen.
2. nach einem weiteren Anstieg mit der Hälfte als Gewinn raus
3. Den Rest laufen lassen bis zu einem Kurs den man sich vorher festgelegt hat und dann mit allem raus. Auch wenn der Kurs sich noch verhundertfacht was von 100 OTC Werten vielleicht 1 mal passiert.
Diese Strategie funktioniert nicht immer aber meistens. Die Steuern was man dabei zahlen muß sind egal. Denn einen OTC Wert 1 Jahr zu halten ist nicht überschaubar.
1. je nach Anstieg mit der Menge an Aktien raus die man benötigt um keinen Verlsut zu machen.
2. nach einem weiteren Anstieg mit der Hälfte als Gewinn raus
3. Den Rest laufen lassen bis zu einem Kurs den man sich vorher festgelegt hat und dann mit allem raus. Auch wenn der Kurs sich noch verhundertfacht was von 100 OTC Werten vielleicht 1 mal passiert.
Diese Strategie funktioniert nicht immer aber meistens. Die Steuern was man dabei zahlen muß sind egal. Denn einen OTC Wert 1 Jahr zu halten ist nicht überschaubar.
Antwort auf Beitrag Nr.: 29.311.966 von Blindgaenger2 am 14.05.07 22:03:25Jetzt machst du deinenm Namen wirklich alle Ehre
Antwort auf Beitrag Nr.: 29.318.365 von Blindgaenger2 am 15.05.07 08:15:33innerhalb von ca. 4 Monaten von 0,10 auf 0,005 USD !!!!
...und noch immer dieses pausenlose naive Geschwätz !
Man faßt es nicht !!!!
...und noch immer dieses pausenlose naive Geschwätz !
Man faßt es nicht !!!!
na ist das heute schonmal der auftakt für den q-1.
Antwort auf Beitrag Nr.: 29.329.696 von db06 am 15.05.07 18:02:22
wenn wir alle totalverlust haben, dann lass uns zumindestes schwätzen und traümen.
wenn wir alle totalverlust haben, dann lass uns zumindestes schwätzen und traümen.
na immer noch kein q-1, wird aber langsam zeit bill...
Antwort auf Beitrag Nr.: 29.405.818 von Toth am 21.05.07 16:59:50kommt schon noch.... da bin ich mir sicher....
Antwort auf Beitrag Nr.: 29.406.730 von Blindgaenger2 am 21.05.07 17:53:53er muss es ja fast noch diese Woche bringen.......
sonst droht das e hinterm ivgr....
sonst droht das e hinterm ivgr....
Antwort auf Beitrag Nr.: 29.406.749 von Blindgaenger2 am 21.05.07 17:55:00das wird ja immer schlimmer,wenn dieser bill nicht bald was unternimmt ist es hier bald aus.telefonisch geht auch nichts, ist wohl niemand da der stellung zur jetzige situation nimmt.oder machen alle gratis ferien.
http://biz.yahoo.com/e/070521/ivgr.ob10qsb.html
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF OPERATIONS
The following discussion and analysis should be read in conjunction with Invicta Group's consolidated financial statements included in this report.
Results of Operations
New Revenue Stream
The company acquired an escorted tour operator March 1, 2007. The company will provide marketing services via their Email database of 40 Million travel enthusiasts, promoting the tours and offering a discount for early bookings. The acquisition, Maupintour, is a leader in the travel industry known for its upscale escorted tours to over 50 Countries.
Revenues
Revenues for the 1st Quarter were generated from Internet Media and Consumer travel packages. Internet Media Advertising revenues are flat fees charged to travel suppliers for media purchase on website www.travelhotlink.com. Revenues for Consumer travel are realized as Gross Sales and are recognized when paid in full and operated. Revenues for the 1st Quarter ended March 31, 2007 were $254,907 compared to revenues of $25,061 for the 1st year ended March 31, 2006. The revenues in 2007 versus 2006 were generated from Internet Media Advertising and consumer travel packages vs. 2006 revenues were from airline commissions.
Expenses
The major components of expenses are general and administrative expenses. The 1st Quarter March 31, 2007 major expenses were: Payroll $136,087; Internet design $15,087; Professional fees $30,198; Interest Expense $13,012; the total G&A expenses for the year were $284,570.
Acquisition of Tour Operator
March 1, 2007 Invicta acquired a Tour Operator that offers escorted tours to 50 Countries. The acquisition's revenues in 2006 were $7.1 million. The company was acquired for $1 cash and acceptance of $900,000 debt.
Impairment Charge
The Company's 2007 quarterly consolidated results include the operations of Maupintour, LLC. from the date of acquisition.
Liabilities assumed exceeded assets acquired by $985,107. The resulting intangible asset was written off as an Asset impairment charge allocated as follows:
Customer list $200,000
Goodwill $785,107
Fair values were determined by management's estimates without independent appraisal.
The Company will amortize the customer list beginning April 1, 2007 over a 5- year period. All goodwill acquired has been written off during the quarter ending March 31, 2007 as an impairment loss.
Net Profit/Net Losses
Net profit from Operations for the Quarter ended March 31, 2006 was $(156,275); income per share: $(0.058) compared to a net loss of $(153,166); loss per share $(0.048) for the Quarter ended March 31, 2006. The company also had a Asset Impairment Charge writing off Goodwill $785,107 as a one time charge, decreasing net income to $(941,382) for the Quarter.
Funding
Invicta has received equity funding advances from an Institutional Investor totaling $145,264 for the March 31, 2007 Quarter, and Invicta paid off $142,333 of debt in the Quarter.. The balance due as of March 31, 2007 totaled $381,388. Payments are made with conversions of free trading stock based on the formula: a 25% discount of the average of the three lowest days Bids, for the 20 days before conversion notice is delivered.
Liquidity
March 31, 2007 and 2006, Invicta Group's current liquidity ratios were (.20%) and (.027%) respectively. Invicta Group has not generated sufficient revenue in any period, to carry its costs of operations. Invicta has derived its liquidity principally from the sale of stock.
Common Stock Issued 1st Quarter 2007
Invicta issued 18,639,250 common shares in the 1st Quarter of 2007; 1,400,000 shares were issued for $35,500 consulting, 1,000,000 were issued for professionals fees of $5,000 and 14,613,000 shares were issued to raise $145,264 equity funds and pay off debt of $142,323 owed to Institutional Investor, 550,000 shares were issue to pay $18,425 debenture, and 8,750,000 was issued as Restricted Stock for conversion of Preferred B Stock, common shares valued at $87,500.
Preferred Stock Converted to Restricted Stock
Invicta's Board authorized the conversion of 175,000 Preferred B Stock to Restricted Common Shares for security for a corporate loan. The loan was not closed and 6,597,500 shares are being held in escrow for future funding, the balance of 1,076,250 shares were issued to a Director.
Capital Resources
Additional capital needs to be invested in the company. Invicta will need a minimum of $500,000 cash to assure the working capital is available to the company to implement its business plan.
Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF OPERATIONS
The following discussion and analysis should be read in conjunction with Invicta Group's consolidated financial statements included in this report.
Results of Operations
New Revenue Stream
The company acquired an escorted tour operator March 1, 2007. The company will provide marketing services via their Email database of 40 Million travel enthusiasts, promoting the tours and offering a discount for early bookings. The acquisition, Maupintour, is a leader in the travel industry known for its upscale escorted tours to over 50 Countries.
Revenues
Revenues for the 1st Quarter were generated from Internet Media and Consumer travel packages. Internet Media Advertising revenues are flat fees charged to travel suppliers for media purchase on website www.travelhotlink.com. Revenues for Consumer travel are realized as Gross Sales and are recognized when paid in full and operated. Revenues for the 1st Quarter ended March 31, 2007 were $254,907 compared to revenues of $25,061 for the 1st year ended March 31, 2006. The revenues in 2007 versus 2006 were generated from Internet Media Advertising and consumer travel packages vs. 2006 revenues were from airline commissions.
Expenses
The major components of expenses are general and administrative expenses. The 1st Quarter March 31, 2007 major expenses were: Payroll $136,087; Internet design $15,087; Professional fees $30,198; Interest Expense $13,012; the total G&A expenses for the year were $284,570.
Acquisition of Tour Operator
March 1, 2007 Invicta acquired a Tour Operator that offers escorted tours to 50 Countries. The acquisition's revenues in 2006 were $7.1 million. The company was acquired for $1 cash and acceptance of $900,000 debt.
Impairment Charge
The Company's 2007 quarterly consolidated results include the operations of Maupintour, LLC. from the date of acquisition.
Liabilities assumed exceeded assets acquired by $985,107. The resulting intangible asset was written off as an Asset impairment charge allocated as follows:
Customer list $200,000
Goodwill $785,107
Fair values were determined by management's estimates without independent appraisal.
The Company will amortize the customer list beginning April 1, 2007 over a 5- year period. All goodwill acquired has been written off during the quarter ending March 31, 2007 as an impairment loss.
Net Profit/Net Losses
Net profit from Operations for the Quarter ended March 31, 2006 was $(156,275); income per share: $(0.058) compared to a net loss of $(153,166); loss per share $(0.048) for the Quarter ended March 31, 2006. The company also had a Asset Impairment Charge writing off Goodwill $785,107 as a one time charge, decreasing net income to $(941,382) for the Quarter.
Funding
Invicta has received equity funding advances from an Institutional Investor totaling $145,264 for the March 31, 2007 Quarter, and Invicta paid off $142,333 of debt in the Quarter.. The balance due as of March 31, 2007 totaled $381,388. Payments are made with conversions of free trading stock based on the formula: a 25% discount of the average of the three lowest days Bids, for the 20 days before conversion notice is delivered.
Liquidity
March 31, 2007 and 2006, Invicta Group's current liquidity ratios were (.20%) and (.027%) respectively. Invicta Group has not generated sufficient revenue in any period, to carry its costs of operations. Invicta has derived its liquidity principally from the sale of stock.
Common Stock Issued 1st Quarter 2007
Invicta issued 18,639,250 common shares in the 1st Quarter of 2007; 1,400,000 shares were issued for $35,500 consulting, 1,000,000 were issued for professionals fees of $5,000 and 14,613,000 shares were issued to raise $145,264 equity funds and pay off debt of $142,323 owed to Institutional Investor, 550,000 shares were issue to pay $18,425 debenture, and 8,750,000 was issued as Restricted Stock for conversion of Preferred B Stock, common shares valued at $87,500.
Preferred Stock Converted to Restricted Stock
Invicta's Board authorized the conversion of 175,000 Preferred B Stock to Restricted Common Shares for security for a corporate loan. The loan was not closed and 6,597,500 shares are being held in escrow for future funding, the balance of 1,076,250 shares were issued to a Director.
Capital Resources
Additional capital needs to be invested in the company. Invicta will need a minimum of $500,000 cash to assure the working capital is available to the company to implement its business plan.
Antwort auf Beitrag Nr.: 29.409.991 von tzadoz am 21.05.07 21:48:07ohne worte, hier ist es aus mit der maus.......bis dahin alles gute
Antwort auf Beitrag Nr.: 29.410.309 von g1g2 am 21.05.07 22:05:13Und welchen bisher unbekannten Teil meinst du genau, der zur (wohl von dir angedeuteten) Insolvenz führt.
Antwort auf Beitrag Nr.: 29.410.444 von tzadoz am 21.05.07 22:12:21Additional capital needs to be invested in the company. Invicta will need a minimum of $500,000 cash to assure the working capital is available to the company to implement its business plan.
Antwort auf Beitrag Nr.: 29.410.526 von g1g2 am 21.05.07 22:17:18Sicher wird es nicht einfach an die Kohle zu kommen. Aber zum einen steht dort nicht, wann (sofort ?) sie das Geld brauchen.
Auch würde es mich wundern, wenn sie erst gerade vor kurzem die Übernahme getätigt haben und schon "Pleite" sind.
Es war doch genug Zeit zur Prüfung vorhanden.
Allerdings muß ich zugeben, das mir die News auch nicht besonders gefallen haben. Aber vom Ende zu sprechen finde ich noch verfrüht.
Warten wir doch einfach noch ein bißchen ab.
P.S. Jetzt haben wir die Erklärung für den "etwas" höheren Volumen am Freitag.
Noch keine Meinung von Blindgaenger, Spekufuchs oder Haribo ? Oder alle zu geschockt ?
Auch würde es mich wundern, wenn sie erst gerade vor kurzem die Übernahme getätigt haben und schon "Pleite" sind.
Es war doch genug Zeit zur Prüfung vorhanden.
Allerdings muß ich zugeben, das mir die News auch nicht besonders gefallen haben. Aber vom Ende zu sprechen finde ich noch verfrüht.
Warten wir doch einfach noch ein bißchen ab.
P.S. Jetzt haben wir die Erklärung für den "etwas" höheren Volumen am Freitag.
Noch keine Meinung von Blindgaenger, Spekufuchs oder Haribo ? Oder alle zu geschockt ?
The fourth quarter revenues for 2006 were $195,584
Revenues for the 1st Quarter ended March 31, 2007 were $254,907
Naja immerhin
Revenues for the 1st Quarter ended March 31, 2007 were $254,907
Naja immerhin
ich sehe das vorerst mal weder posetiv noch negativ.
Natürlich bin ich enttäuscht, dass Bill nicht mehr aus diesem innovativem Geschäftsmodell rausgekitzelt hat. Vielleicht nicht genug manpower dahinter !!!
Also so richtig gut sieht das im Moment nicht aus, trotzdem sehe ich hier immer noch die Möglichkeit (trotz der 500 000,--Dollar)
eine sehr gut florierende Firma zu bilden... Es sind alle notwendigen Voraussetzungen vorhanden....
Für uns wäre sehr wichtig, dass Bill nicht noch mehr delutet......
Aber jetzt muss ich das file nochmals richtig unter die Lupe nehmen.... Das dauert mind. 1 Tag
Bin mal gespannt auf den Kurs morgen. Ich vermute, das sich nicht viel tut. Weder ein grosser Sprung nach vorne, noch nach hinten.
Wobei ich natürlich auf einen überraschenden Sprung nach Norden hoffe.
Wobei ich natürlich auf einen überraschenden Sprung nach Norden hoffe.
im normalen fall sollte er sogar mal bis 0,01 gehen..... aber da werden immer noch zuviel shares auf den Markt geworfen...... leider
Wenn Bill die 500 000,-- wieder durch Aktienausgabe vollzieht ist es im Moment sowieso vorbei........
Sicher kann er auf mittelfristige oder lange Sicht wirklich was machen...... aber die Altaktionäre werden meiner Meinung nach nicht all zu viel gewinnen......... (wenn man es so zum Ausdruck bringen kann)
Für Neueinsteiger denke ich ist es aber ganz in Ordnung
Wenn Bill die 500 000,-- wieder durch Aktienausgabe vollzieht ist es im Moment sowieso vorbei........
Sicher kann er auf mittelfristige oder lange Sicht wirklich was machen...... aber die Altaktionäre werden meiner Meinung nach nicht all zu viel gewinnen......... (wenn man es so zum Ausdruck bringen kann)
Für Neueinsteiger denke ich ist es aber ganz in Ordnung
Antwort auf Beitrag Nr.: 29.411.529 von Blindgaenger2 am 21.05.07 23:52:45Woher soll das Geld kommen, wenn nicht durch Aktienausgabe.
Die einzige Möglichkeit wäre ein Investor der sich auf Smallcaps spezialisiert hat und IVGR eine Art Kredit gibt. Vorerst OHNE Ausgabe von Aktien. Stattdessen mit der Option bei bestimmten Vorkommnissen oder Versäumnissen etc. Aktien zu erhalten. z.B. Ratenrückstand oder sonst was.
Nur befürchte ich, das dies ein Wunschtraum bleibt. Ich habe schließlich schon bei Junior-Explorern änliche Erfahrungen gemacht, wie schwer ein Investor zu finden ist.
Die einzige Möglichkeit wäre ein Investor der sich auf Smallcaps spezialisiert hat und IVGR eine Art Kredit gibt. Vorerst OHNE Ausgabe von Aktien. Stattdessen mit der Option bei bestimmten Vorkommnissen oder Versäumnissen etc. Aktien zu erhalten. z.B. Ratenrückstand oder sonst was.
Nur befürchte ich, das dies ein Wunschtraum bleibt. Ich habe schließlich schon bei Junior-Explorern änliche Erfahrungen gemacht, wie schwer ein Investor zu finden ist.
...anbei der vollständige Q. I. 2007 Report zum Lesen.
Ich finde dieses Ergebnis gar nicht so schlecht. Mal sehen was der Kurs heute macht. Mittlerweile sind bereits -The number of shares of common stock outstanding as of May 10, 2007 was
60,793,488- ausgegeben. Dies sind jedenfalls nicht zu viel. Wenn jetzt weiterhin von Quartal zu Quartal der Umsatz wächst, sollte diese Aktie bald von Investoren bemerkt werden. Eine Übernahme wäre ja auch möglich.
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<SEC-DOCUMENT>0001212570-07-000007.txt : 20070521
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<ACCEPTANCE-DATETIME>20070521154133
ACCESSION NUMBER: 0001212570-07-000007
CONFORMED SUBMISSION TYPE: 10QSB
PUBLIC DOCUMENT COUNT: 5
CONFORMED PERIOD OF REPORT: 20070331
FILED AS OF DATE: 20070521
DATE AS OF CHANGE: 20070521
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: INVICTA GROUP INC
CENTRAL INDEX KEY: 0001212570
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: 10QSB
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-102555
FILM NUMBER: 07867836
BUSINESS ADDRESS:
STREET 1: 9553 HARDING AVE
STREET 2: SUITE 301
CITY: MIAMI BEACH
STATE: FL
ZIP: 33154
BUSINESS PHONE: 3058666525
MAIL ADDRESS:
STREET 1: 9553 HARDING AVE
STREET 2: SUITE 301
CITY: MIAMI BEACH
STATE: FL
ZIP: 33154
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<TYPE>10QSB
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<FILENAME>ivgr10qsb033107.txt
<TEXT>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB
[X] Quarterly report under Section 13 or 15(d) of the Securities Exchange
Act of 1934. For the 1st Quarter ended March 31, 2007.
OR
[ ] Transition report under Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the transition period from __________ to _________.
Commission File Number: 333-102555
INVICTA GROUP INC.
(NAME OF SMALL BUSINESS ISSUER IN ITS CHARTER)
Nevada 91-2051923
(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
2400 East Commercial Blvd. Suite 618
Ft. Lauderdale, FL 33308
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
Registrant's telephone number, including area code: 954-771-0650
Securities Registered Pursuant to Section 12(b) of the Act: Common Stock par
value $.0001 per share
Securities Registered Pursuant to Section 12(g) of the Act: None
Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
Yes [ X ] No [ ]
Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act). Yes [ ] No [ X ]
The aggregate market value of the Common Stock held by non-affiliates of the
Registrant, based upon the average of the closing bid and ask price of the
Common Stock on the OTC Bulletin Board system on May 8, 2007 of $.008 was
approximately $440,000. Shares of Common Stock held by each officer and
director and by each person who may be deemed to be an affiliate have been
excluded.
The number of shares of common stock outstanding as of May 10, 2007 was
60,793,488.
Transitional Small Business Disclosure Format (Check one):
Yes [ ] No [ X ]
<page>
BACKGROUND OF CORPORATION
Invicta Group Inc. is an Internet Media Company that offers a website known
as Travel Hot Link www.travelhotlink.com. Travel Hot Link has a database of
40 million travel enthusiasts seeking discounted travel products: cruise
vacations, airline tickets, hotel rooms car rentals, and packaged tours.
Travel Hot Link offers Travel Suppliers a media to reach awareness of their
discounts. We offer advertisers a number of advertising options: a weekly
Email to a 10 million travel enthusiasts promoting 10 - 15 discounted travel
products; a Custom Email to 2 - 10M travel enthusiasts; Banner ads and
website listings to our website.
The company is in a competitive marketplace that has companies with more
experience, branded names, experienced sales forces, and better technology to
reach the travel marketplace..
Invicta Group Inc started on 7/15/2002 as a private travel company that was
specializing as an Airline Consolidator selling international airline tickets
to the public; doing business as Don't Pay Full Fare.com Invicta became a
public company in November 2003 and targeted an acquisition of an airline
consolidator company that had over 12 years experience and multiple European
Airline contracts. The company was acquired in February 2004 and the end of
November 2004 the seller resigned, canceling his 5 year employment contract.
The company lost agreements with the company's largest airline suppliers in
less then one week; eliminating nearly 50% of the revenues. Invicta decided
to close the air consolidator company and leave the slim margin business of
Airline Consolidator in April 2005 due to losses that could not be overcome.
Invicta management spent the balance of 2005 developing a new business plan
and began focusing on the Internet Media marketplace as the new frontier to
market travel products online. Today, Invicta Group Inc. acts as the holding
company of subsidiary Travel Hot Link.
Travel Hot Link began sending 10 million Emails weekly to travel enthusiasts
on June 12 ,2006 generating $404,000 revenues for the balance of the year.
Invicta acquired a travel tour operator on March 1, 2007, known as
Maupintour. The company has been in business since 1951 offering upscale
escorted tours to 50 countries. Revenues in 2006 exceeded $7,000,000. The
company will be marketed by Invicta's Email database and the database of
Maupintour Alumni of over 250,000 travelers.
The attached information is an overview of the companies operations and
financial status.
2
<page>
INDEX TO FORM 10-QSB
Page No.
PART I
ITEM 1. Financial Statements 4
Balance Sheet 4
Statements of Operations 5
Statements of Cash Flows 6
Statement of Changes in Stockholders' Equity 7
Notes to Financial Statements 8
ITEM 2. Management's Discussion and Analysis 12
ITEM 3. Controls and Procedures 13
PART II
ITEM 1. Legal Proceedings 14
ITEM 2. Changes in Securities 14
ITEM 3. Defaults Upon Senior Securities 14
ITEM 4. Submission of Matters to a Vote of Security Holders 14
ITEM 5. Other Information 14
ITEM 6. Exhibits 15
Signatures 16
3
<page>
Part I
Item 1. Financial Statements
INVICTA GROUP INC.
CONSOLIDATED BALANCE SHEET
March 31, 2007
(UNAUDITED)
ASSETS
<table>
<s> <c>
Current assets:
Cash and cash equivalents $97,198
Accounts receivable $224,678
Prepaid expenses 90,712
----------
Total current assets 412,588
Property and equipment, net of accumulated depreciation
of $68,777 32,058
Other assets:
Security Deposits 1,500
Advances to affiliates 30,428
Intangible assets, net of accumulated
amortization of $22,655 435,375
----------
Total Assets $911,949
LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)
Current liabilities:
Notes payable and convertible debentures $511,652
Accounts payable and accrued liabilities 974,404
Accounts payable and accrued liabilities
- discontinued operations 698,230
Accrued expenses and other liabilities 874,087
Capital lease obligations 80,899
Accrued compensation - related parties 255,453
----------
Total current liabilities 3,394,725
Long-term debt
Notes Payable - shareholders 247,192
----------
Total Liabilities 3,641,917
----------
Shareholders' Equity (Deficit)
Preferred stock series C par value $1.00 480,000 shares
authorized; 480,000 issued and outstanding 480,000
Preferred stock series D par value $1.00 100,000 shares
authorized; 100,000 issued and outstanding 100,000
Common stock, par value $ .0001, 1,000,000,000 shares
authorized, 36,968,488 issued and outstanding 3,697
Additional paid in capital 4,127,840
Accumulated deficit (7,441,505)
----------
Total Shareholders' equity ( deficit) (2,729,968)
----------
Total Liabilities and Shareholders' Equity (deficit) $911,949
==========
</table>
See accompanying notes to consolidated financial statements
4
<page>
INVICTA GROUP INC.
CONSOLIDATED STATEMENT OF OPERATIONS
(UNAUDITED)
<table>
<s> <c> <c>
Three Three
Months Ending Months Ending
March March
2007 2006
Revenues earned $254,907 $25,061
Cost of sales 126,612
-----------------------------
Gross margin 128,295 25,061
Selling, general, and administrative expenses 271,558 178,227
-----------------------------
Income (loss) from operations before other income and expense (143,263) (153,166)
Other income and (expense)
Interest expense - related parties (4,425)
Interest expense (8,587)
Asset impairment charge (785,107)
-----------------------------
Net income (loss) before provision for income taxes (941,382) (153,166)
Provision for income taxes 0 0
-----------------------------
Net income (loss) $(941,382) $(153,166)
=============================
Net income (loss) per share weighted average share, basic
and diluted ($0.058) ($0.048)
=============================
Weighted average shares outstanding, basis and diluted 16,307,299 3,159,364
=============================
</table>
See accompanying notes to consolidated financial statements
5
<page>
INVICTA GROUP INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
(UNAUDITED)
<table>
<s> <c> <c>
Three Three
Months Ending Months Ending
March 31, March 31,
2007 2006
Cash flows from operating activities:
Net income $(941,382) $(153,166)
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation 3,661 1,875
Amortization 12,905
Stock issued for services 41,500 59,500
Asset impairment charge 785,107
Changes in assets and liabilities:
Accounts receivable and prepaid expenses (99,921)
Other assets 8,327
Accounts payable & accrued liabilities 45,444 (7,848)
-----------------------------
(144,359) (99,639)
-----------------------------
Cash flows used in investing activities:
Capital asset expenditures
Cash flows used in financing activities:
Proceeds from long term debt 144,264 175,000
Proceeds from sale of comon stock
Payments on long term debt (5,512) (30,261)
-----------------------------
138,752 144,739
-----------------------------
Net change in cash and cash equivalents (5,607) 45,100
Cash and cash equivalents, beginning of period 102,805 (1,297)
-----------------------------
Cash and cash equivalents, end of period $97,198 $43,803
=============================
Additional Cash Flow Information:
Cash paid during the period for:
Interest (non capitalized) $3,425 $23,474
=============================
IncomeTaxes $0 $0
=============================
Non-Cash Activities:
Stock issued for redemption of Preferred B stock $175,000
=============================
Stock issued for payments on convertible debentures $157,323 $43,000
=============================
</table>
See accompanying notes to consolidated financial statements
6
<page>
INVICTA GROUP INC.
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' (DEFICIT)
For the Three Months Ended March 31, 2007
<table>
<s> <c> <c> <c> <c>
Common Stock Additional Paid
Shares $ in capital Deficit
Balance December 31, 2006 10,655,488 $1,066 $3,753,223 ($6,500,123)
Stock issued for cash
Stock issued for services 2,400,000 240 41,260
Issuance of Common Stock for the payment
on convertible debentures exercised. 15,163,000 1,516 159,232
Commom stock issued for the conversion
of Preferred B stock 8,750,000 875 174,125
Net loss for the period ended
March 31, 2007 (941,382)
------------------------------------------------------------
Balance March 31, 2007 36,968,488 $3,697 $4,127,840 ($7,441,505)
============================================================
</table>
See accompanying notes to consolidated financial statements
7
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
NOTE A. BASIS OF PRESENTATION
The accompanying unaudited condensed consolidated financial statements have
been prepared in accordance with generally accepted accounting principles for
interim financial information and with the instructions to Form 10-Q and
Article 10 of Regulation S-X. Accordingly, they do not include all of the
information and footnotes required by generally accepted accounting
principles for complete financial statements. In the opinion of management,
all adjustments (consisting of normal recurring accruals) considered
necessary for a fair presentation have been included. Operating results for
the three month period ended March 31, 2007 are not necessarily indicative of
the results that may be expected for the year ended December 31, 2007.
For further information, refer to the consolidated financial statements and
footnotes thereto included in the Registrant Company and Subsidiaries' annual
report on Form 10-K for the year ended December 31, 2006.
NOTE B. CHANGES IN STOCKHOLDERS' (DEFICIT) FOR THE THREE MONTHS ENDED MARCH
31, 2007
<table>
<s> <c> <c> <c> <c>
Common Stock Additional Paid
Shares $ in capital Deficit
Balance December 31, 2006 10,655,488 $ 1,066 $3,753,223 $(6,500,123)
Stock issued for cash
Stock issued for legal and
marketing services 2,400,000 240 41,260
Stock issued in exchange for payment
of convertible debentures 15,163,000 1,516 159,232
Common stock issued for the
conversion of preferred B stock 8,750,000 875 174,125
Net loss for the three months ended
March 31, 2007 (941,382)
Balance March 31, 2007 36,968,488 $3,697 $4,127,840 $(7,441,505)
</table>
NOTE C. INCOME PER SHARE
Basic net loss per share was computed based on the weighted average shares of
common stock outstanding and excludes any potential dilution. Diluted net
loss per share reflects the potential dilution from the exercise or
conversion of all dilutive securities, such as convertible debentures, into
common stock and stock purchase options. The Company's outstanding
convertible debentures and options are not included in the computation of
basic or diluted net loss per share since they are anti-dilutive. At March
31, 2007 potentially dilutive securities consist of convertible debentures
that could be converted into 450,000 common shares and options that could be
converted into 3,882,656 common shares.
8
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
NOTE D. CAPITAL LEASE
The capital lease liability is for leased phone equipment for Aiplan that was
to expire on March 31, 2005. Since the Company did not notify the lessor in
writing of its intent to cancel the lease was automatically renewed for a
period of two years. The lessor has confirmed receipt of a verbal
cancellation notice, but is still contending no written cancellation was
received. Because of this the Company is disputing this amount. Management
has forwarded the Company's current financial information to the lessor's
attorneys indicating that no assets exist to pay this liability, and since
the operations of the Company have been ceased they have requested them to
stop pursuing payment on this amount
NOTE E. NOTES PAYABLE - SHAREHOLDERS
Note payable to shareholders, uncollateralized, payable on the first month
after the Company has received $1,000,000 in equity funding. The monthly
installments due to shareholder are approximately $20,000. Invicta is in
default on the payments to shareholders due to a cash flow shortage.
Shareholder recognizes default status and will accept 7% interest on note
from 1/2/05 until paid in full. The Company plans to begin these payments as
soon as the necessary cash flow is available which management expects to be
in 2007. Therefore, the entire balance of $ 247,192 is classified as long-
term debt for 2007 and $250,310 for 2006. Invicta owes seller of Airplan,
Inc. $60,000, but does not intend to pay due to termination of employment
contract.
NOTE F. LEASES
Corporate Office:
Effective May 1, 2006, the Company has moved its headquarters from its office
in Miami to a new office location in Ft. Lauderdale.
The Company leases its office space under a five-year, non-cancelable
operating lease for approximately $1,900 per month.
Obligations under the non-cancelable operating leases are as follow:
Year ending December 31,
2007 $15,200
2008 22,800
2009 24,000
20010 25,200
Thereafter 25,800
----------
$113,000
9
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
Maupintour Office:
The Company leases office space in Las Vegas, Nevada at a rate of $3,900 per
month. The lease expires on June 1, 2007. The Company's Lawrence Kansas
office is leased on a month to month basis at a rate of $700 per month.
NOTE G: PREFERRED STOCK SERIES B
Invicta's Board authorized the conversion of 175,000 shares of Preferred B
Stock to restricted common shares in order to provide security for a
corporate loan. The Company was unable to finalize the loan, therefore
7,673,750 common shares that were to be used as collateral are being held in
escrow for future funding. An additional 1,076,250 shares were issued to a
director for their respective share of the Preferred B stock.
NOTE H: ACQUISITION
On March 1, 2007, the Company used the purchase method to acquire all of the
common stock of Maupintour, LLC, a Nevada Limited Liability Company formed in
2003, in exchange for $1.
Maupintour, LLC. is a travel tour operator with both wholesale and retail
travel divisions. The Company operates offices in Las Vegas, Nevada and
Lawrence Kansas.
The Company's 2007 quarterly consolidated results include the operations of
Maupintour, LLC. from the date of acquisition.
Liabilities assumed exceeded assets acquired by $985,107. The resulting
intangible asset was allocated as follows:
Customer list $200,000
Goodwill $785,107
Fair values were determined by management's estimates without independent
appraisal.
The Company will amortize the customer list beginning April 1, 2007 over a 5-
year period. All goodwill acquired has been written off during the quarter
ending March 31, 2007 as an impairment loss.
The unaudited pro forma information for the quarter ended March 31, 2004 and
2003 assumes the acquisitions occurred as of the beginning of each respective
year, after giving effect to certain adjustments, including amortization and
depreciation based upon the adjustments to the fair values of intangibles and
property, plant and equipment acquired. The pro forma results have been
prepared for comparative purposes only and are not necessarily indicative of
the results of operations that may occur in the future or that would have
occurred had the acquisitions been effected at the beginning of each period
presented.
10
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
Pro Forma Information for Acquisitions:
Quarter Ended
March 31, March 31,
2007 2006
Gross Revenues $383,949 $1,327,699
Net Income (Loss) (337,883) (303,935)
Earnings (Loss) Per Share (.021) (.096)
NOTE I. GOING CONCERN
The Company's financial statements are prepared using the generally accepted
accounting principles applicable to a going concern, which contemplates the
realization of assets and liquidation of liabilities in the normal course of
business.
The Company has incurred losses of approximately $6,656,000 since inception
and the Company had negative working capital of $2,982,000 at March 31, 2007.
These factors raise substantial doubt about the Company's ability to continue
as a going concern.
Management believes that it will be able to generate cash sufficient to
support its operations. Management believes that it can generate this cash
and ultimately profits from advertising revenues on its website
travelhotlink.com. Travel Hot Link has no involvement with the reservation;
its revenues are generated from the Travel Supplier that advertises its
travel products online. It is estimated that Travel Hot Link will reach a
potential 40 million travel enthusiasts that are seeking travel bargains
online.
In addition to the assumption regarding increased revenues, in the 1st
quarter of 2007, the Company's management has raised approximately $160,000
in equity funding from its securities purchase agreement with Golden Gate
Investors, Inc. Invicta estimates it will need $500,000 additional funding
for working capital in 2007.
Management feels that its increase revenues from its Travel Hot Link web-
site, its equity and financing plans and the revenues from the acquisition
will provide the working capital to allow it to continue as a going concern.
However, there can be no assurances the Company will be successful in its
efforts to secure additional equity funding, financing or attain profitable
operations. The accompanying consolidated financial statements do not
include any adjustments that might result should the Company be unable to
continue as a going concern.
11
<page>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF OPERATIONS
The following discussion and analysis should be read in conjunction with
Invicta Group's consolidated financial statements included in this report.
Results of Operations
New Revenue Stream
The company acquired an escorted tour operator March 1, 2007. The company
will provide marketing services via their Email database of 40 Million travel
enthusiasts, promoting the tours and offering a discount for early bookings.
The acquisition, Maupintour, is a leader in the travel industry known for its
upscale escorted tours to over 50 Countries.
Revenues
Revenues for the 1st Quarter were generated from Internet Media and Consumer
travel packages. Internet Media Advertising revenues are flat fees charged to
travel suppliers for media purchase on website www.travelhotlink.com.
Revenues for Consumer travel are realized as Gross Sales and are recognized
when paid in full and operated. Revenues for the 1st Quarter ended March 31,
2007 were $254,907 compared to revenues of $25,061 for the 1st year ended
March 31, 2006. The revenues in 2007 versus 2006 were generated from Internet
Media Advertising and consumer travel packages vs. 2006 revenues were from
airline commissions.
Expenses
The major components of expenses are general and administrative expenses. The
1st Quarter March 31, 2007 major expenses were: Payroll $136,087; Internet
design $15,087; Professional fees $30,198; Interest Expense $13,012; the
total G&A expenses for the year were $284,570.
Acquisition of Tour Operator
March 1, 2007 Invicta acquired a Tour Operator that offers escorted tours to
50 Countries. The acquisition's revenues in 2006 were $7.1 million. The
company was acquired for $1 cash and acceptance of $900,000 debt.
Impairment Charge
The Company's 2007 quarterly consolidated results include the operations of
Maupintour, LLC. from the date of acquisition.
Liabilities assumed exceeded assets acquired by $985,107. The resulting
intangible asset was written off as an Asset impairment charge allocated as
follows:
Customer list $200,000
Goodwill $785,107
Fair values were determined by management's estimates without independent
appraisal.
12
<page>
The Company will amortize the customer list beginning April 1, 2007 over a 5-
year period. All goodwill acquired has been written off during the quarter
ending March 31, 2007 as an impairment loss.
Net Profit/Net Losses
Net profit from Operations for the Quarter ended March 31, 2006 was
$(156,275); income per share: $(0.058) compared to a net loss of $(153,166);
loss per share $(0.048) for the Quarter ended March 31, 2006. The company
also had a Asset Impairment Charge writing off Goodwill $785,107 as a one
time charge, decreasing net income to $(941,382) for the Quarter.
Funding
Invicta has received equity funding advances from an Institutional Investor
totaling $145,264 for the March 31, 2007 Quarter, and Invicta paid off
$142,333 of debt in the Quarter.. The balance due as of March 31, 2007
totaled $381,388. Payments are made with conversions of free trading stock
based on the formula: a 25% discount of the average of the three lowest days
Bids, for the 20 days before conversion notice is delivered.
Liquidity
March 31, 2007 and 2006, Invicta Group's current liquidity ratios were (.20%)
and (.027%) respectively. Invicta Group has not generated sufficient revenue
in any period, to carry its costs of operations. Invicta has derived its
liquidity principally from the sale of stock.
Common Stock Issued 1st Quarter 2007
Invicta issued 18,639,250 common shares in the 1st Quarter of 2007; 1,400,000
shares were issued for $35,500 consulting, 1,000,000 were issued for
professionals fees of $5,000 and 14,613,000 shares were issued to raise
$145,264 equity funds and pay off debt of $142,323 owed to Institutional
Investor, 550,000 shares were issue to pay $18,425 debenture, and 8,750,000
was issued as Restricted Stock for conversion of Preferred B Stock, common
shares valued at $87,500.
Preferred Stock Converted to Restricted Stock
Invicta's Board authorized the conversion of 175,000 Preferred B Stock to
Restricted Common Shares for security for a corporate loan. The loan was not
closed and 6,597,500 shares are being held in escrow for future funding, the
balance of 1,076,250 shares were issued to a Director.
Capital Resources
Additional capital needs to be invested in the company. Invicta will need a
minimum of $500,000 cash to assure the working capital is available to the
company to implement its business plan.
ITEM 3. CONTROLS AND PROCEDURES
Invicta Group's Chief Executive Officer and Chief Financial Officer, after
evaluating the effectiveness of Invicta Group's disclosure controls and
procedures (as defined in Rules 13a-14(c) and 15d-14(c) under the Securities
Exchange Act of 1934, as amended) as of March 31, 2007, (the "Evaluation
Date"), have concluded that, as of the Evaluation Date, Invicta Group's
disclosure controls and procedures were
13
<page>
effective to ensure the timely
collection, evaluation, and disclosure of information relating to Invicta
Group that would potentially be subject to disclosure under the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated
under the Act. There were no changes in Invicta Group's internal controls
over financial reporting that have materially affected, or are reasonably
likely to materially affect, its internal controls over financial reporting
during the three months ending as of the Evaluation Date.
PART II
ITEM 1. LEGAL PROCEEDINGS
None at this time
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
None at this time
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None at this time
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
None at this time
ITEM 5. OTHER INFORMATION
None at this time
14
<page>
ITEM 6. EXHIBITS
Exhibit No Description of Document
- ----------- -----------------------
3.1(a) Articles of Incorporation of Invicta Group Inc.*
3.1(b) Articles of Amendment*
3.2 Bylaws*
10.1 2002 Equity Compensation Plan*
10.2 Employment Agreement between Invicta Group and William G. Forhan*
10.3 Employment Agreement between Invicta Group and R. David Scott*
10.4 Employment Agreement between Invicta Group and Mercedes Henze*
10.5 Lease for Ft. Lauderdale, Florida Office*
10.6 Stock Purchase Agreement for the Shares of Casino Rated Players.
Inc.*
10.8 Promissory Note to William G. Forhan*
31 Certification of the Chief Executive Officer and Chief Financial
Officer pursuant to Rule 13a-14 of the Securities and Exchange Act of 1934 as
amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32 Certification of the Chief Executive Officer and Chief Financial
Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906
of the Sarbanes-Oxley Act of 2002
* Indicates previously filed in a Registration on Form SB-2, Commission File
No. 333-102555
15
<page>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
INVICTA GROUP INC.
By: /s/ William G. Forhan
William G. Forhan
Chief Executive Officer and President
By: /s/ Richard David Scott
Richard David Scott
Chief Financial Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.
SIGNATURE TITLE DATE
/s/ William G. Forhan Chief Executive Officer, May 21, 2007
William G. Forhan President and Director
/s/ Richard David Scott Chief Operating Officer, May 21, 2007
Richard David Scott Principal Accounting and
Financial Officer and Director
16
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>2
<FILENAME>ivgr10qsb033107ex311.txt
<TEXT>
Exhibit 31.1
CERTIFICATION
Certification required by Rule 13a-14(a) or Rule 15d-14(a)
Section 302 of the Sarbanes-Oxley Act of 2002
I, William G. Forhan, certify that:
1. I have reviewed this Quarter Report on Form 10-QSB of Invicta Group,
Inc.;
2. Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-15(e)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being
prepared;
(b) Designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant's disclosure controls and
procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control
over financial reporting that occurred during the registrant's most recent
fiscal quarter (the registrant's fourth fiscal quarter in the case of an
annual report) that has materially affected, or is reasonably likely to
materially affect, the registrant's internal control over financial
reporting; and
5. The registrant's other certifying officer and I have disclosed, based
on our most recent evaluation of internal control over financial reporting,
to the registrant's auditors and the audit committee of the registrant's
board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal control
over financial reporting.
Date: May 21, 2007 By: /s/ William G. Forhan
William G. Forhan
President and Chief Executive Officer
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>3
<FILENAME>ivgr10qsb033107ex312.txt
<TEXT>
Exhibit 31.2
CERTIFICATION
Certification required by Rule 13a-14(a) or Rule 15d-14(a)
And under Section 302 of the Sarbanes-Oxley Act of 2002
I, Richard David Scott, certify that:
1. I have reviewed this Quarter Report on Form 10-QSB of Invicta Group,
Inc.;
2. Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer(s) and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being
prepared;
(b) Designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant's disclosure controls and
procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control
over financial reporting that occurred during the registrant's most recent
fiscal quarter (the registrant's fourth fiscal quarter in the case of an
annual report) that has materially affected, or is reasonably likely to
materially affect, the registrant's internal control over financial
reporting; and
5. The registrant's other certifying officer(s) and I have disclosed,
based on our most recent evaluation of internal control over financial
reporting, to the registrant's auditors and the audit committee of the
registrant's board of directors (or persons performing the equivalent
functions):
(a) All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal control
over financial reporting.
Date: May 21, 2007 By: /s/ Richard David Scott
Richard David Scott
Chief Financial Officer
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>4
<FILENAME>ivgr10qsb033107ex321.txt
<TEXT>
Exhibit 32.1
CERTIFICATION
Certification of Chief Executive Officer
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
18 U.S.C. Section 1350
In connection with the Quarterly Report of Invicta Group, Inc. (the
"Company") on Form 10-QSB for the quarter ended March 31, 2007 as filed with
the Securities and Exchange Commission on the date hereof (the "Report"), I,
William G. Forhan, President and Chief Executive Officer of the Company,
certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002, that:
1) The Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934, as amended, and
2) The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the
Company at the dates and for the periods presented in this Report.
Date: May 21, 2007 By: /s/ William G. Forhan
William G. Forhan
President and Chief Executive Officer
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.2
<SEQUENCE>5
<FILENAME>ivgr10qsb033107ex322.txt
<TEXT>
Exhibit 32.2
CERTIFICATION
Certification of Chief Executive Officer
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
18 U.S.C. Section 1350
In connection with the Quarterly Report of Invicta Group, Inc. (the
"Company") on Form 10-QSB for the quarter ended March 31, 2007 as filed with
the Securities and Exchange Commission on the date hereof (the "Report"), I,
Richard David Scott, Chief Financial Officer of the Company, certify,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that:
1) The Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934, as amended, and
2) The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the
Company at the dates and for the periods presented in this Report.
Date: May 21, 2007 By: /s/ Richard David Scott
Richard David Scott
Chief Financial Officer
<page>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
Ich finde dieses Ergebnis gar nicht so schlecht. Mal sehen was der Kurs heute macht. Mittlerweile sind bereits -The number of shares of common stock outstanding as of May 10, 2007 was
60,793,488- ausgegeben. Dies sind jedenfalls nicht zu viel. Wenn jetzt weiterhin von Quartal zu Quartal der Umsatz wächst, sollte diese Aktie bald von Investoren bemerkt werden. Eine Übernahme wäre ja auch möglich.
-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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RQpsIeV5/UMj+0P8HADDEw==
<SEC-DOCUMENT>0001212570-07-000007.txt : 20070521
<SEC-HEADER>0001212570-07-000007.hdr.sgml : 20070521
<ACCEPTANCE-DATETIME>20070521154133
ACCESSION NUMBER: 0001212570-07-000007
CONFORMED SUBMISSION TYPE: 10QSB
PUBLIC DOCUMENT COUNT: 5
CONFORMED PERIOD OF REPORT: 20070331
FILED AS OF DATE: 20070521
DATE AS OF CHANGE: 20070521
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: INVICTA GROUP INC
CENTRAL INDEX KEY: 0001212570
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: 10QSB
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-102555
FILM NUMBER: 07867836
BUSINESS ADDRESS:
STREET 1: 9553 HARDING AVE
STREET 2: SUITE 301
CITY: MIAMI BEACH
STATE: FL
ZIP: 33154
BUSINESS PHONE: 3058666525
MAIL ADDRESS:
STREET 1: 9553 HARDING AVE
STREET 2: SUITE 301
CITY: MIAMI BEACH
STATE: FL
ZIP: 33154
</SEC-HEADER>
<DOCUMENT>
<TYPE>10QSB
<SEQUENCE>1
<FILENAME>ivgr10qsb033107.txt
<TEXT>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB
[X] Quarterly report under Section 13 or 15(d) of the Securities Exchange
Act of 1934. For the 1st Quarter ended March 31, 2007.
OR
[ ] Transition report under Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the transition period from __________ to _________.
Commission File Number: 333-102555
INVICTA GROUP INC.
(NAME OF SMALL BUSINESS ISSUER IN ITS CHARTER)
Nevada 91-2051923
(STATE OR OTHER JURISDICTION OF (IRS EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
2400 East Commercial Blvd. Suite 618
Ft. Lauderdale, FL 33308
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
Registrant's telephone number, including area code: 954-771-0650
Securities Registered Pursuant to Section 12(b) of the Act: Common Stock par
value $.0001 per share
Securities Registered Pursuant to Section 12(g) of the Act: None
Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
Yes [ X ] No [ ]
Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act). Yes [ ] No [ X ]
The aggregate market value of the Common Stock held by non-affiliates of the
Registrant, based upon the average of the closing bid and ask price of the
Common Stock on the OTC Bulletin Board system on May 8, 2007 of $.008 was
approximately $440,000. Shares of Common Stock held by each officer and
director and by each person who may be deemed to be an affiliate have been
excluded.
The number of shares of common stock outstanding as of May 10, 2007 was
60,793,488.
Transitional Small Business Disclosure Format (Check one):
Yes [ ] No [ X ]
<page>
BACKGROUND OF CORPORATION
Invicta Group Inc. is an Internet Media Company that offers a website known
as Travel Hot Link www.travelhotlink.com. Travel Hot Link has a database of
40 million travel enthusiasts seeking discounted travel products: cruise
vacations, airline tickets, hotel rooms car rentals, and packaged tours.
Travel Hot Link offers Travel Suppliers a media to reach awareness of their
discounts. We offer advertisers a number of advertising options: a weekly
Email to a 10 million travel enthusiasts promoting 10 - 15 discounted travel
products; a Custom Email to 2 - 10M travel enthusiasts; Banner ads and
website listings to our website.
The company is in a competitive marketplace that has companies with more
experience, branded names, experienced sales forces, and better technology to
reach the travel marketplace..
Invicta Group Inc started on 7/15/2002 as a private travel company that was
specializing as an Airline Consolidator selling international airline tickets
to the public; doing business as Don't Pay Full Fare.com Invicta became a
public company in November 2003 and targeted an acquisition of an airline
consolidator company that had over 12 years experience and multiple European
Airline contracts. The company was acquired in February 2004 and the end of
November 2004 the seller resigned, canceling his 5 year employment contract.
The company lost agreements with the company's largest airline suppliers in
less then one week; eliminating nearly 50% of the revenues. Invicta decided
to close the air consolidator company and leave the slim margin business of
Airline Consolidator in April 2005 due to losses that could not be overcome.
Invicta management spent the balance of 2005 developing a new business plan
and began focusing on the Internet Media marketplace as the new frontier to
market travel products online. Today, Invicta Group Inc. acts as the holding
company of subsidiary Travel Hot Link.
Travel Hot Link began sending 10 million Emails weekly to travel enthusiasts
on June 12 ,2006 generating $404,000 revenues for the balance of the year.
Invicta acquired a travel tour operator on March 1, 2007, known as
Maupintour. The company has been in business since 1951 offering upscale
escorted tours to 50 countries. Revenues in 2006 exceeded $7,000,000. The
company will be marketed by Invicta's Email database and the database of
Maupintour Alumni of over 250,000 travelers.
The attached information is an overview of the companies operations and
financial status.
2
<page>
INDEX TO FORM 10-QSB
Page No.
PART I
ITEM 1. Financial Statements 4
Balance Sheet 4
Statements of Operations 5
Statements of Cash Flows 6
Statement of Changes in Stockholders' Equity 7
Notes to Financial Statements 8
ITEM 2. Management's Discussion and Analysis 12
ITEM 3. Controls and Procedures 13
PART II
ITEM 1. Legal Proceedings 14
ITEM 2. Changes in Securities 14
ITEM 3. Defaults Upon Senior Securities 14
ITEM 4. Submission of Matters to a Vote of Security Holders 14
ITEM 5. Other Information 14
ITEM 6. Exhibits 15
Signatures 16
3
<page>
Part I
Item 1. Financial Statements
INVICTA GROUP INC.
CONSOLIDATED BALANCE SHEET
March 31, 2007
(UNAUDITED)
ASSETS
<table>
<s> <c>
Current assets:
Cash and cash equivalents $97,198
Accounts receivable $224,678
Prepaid expenses 90,712
----------
Total current assets 412,588
Property and equipment, net of accumulated depreciation
of $68,777 32,058
Other assets:
Security Deposits 1,500
Advances to affiliates 30,428
Intangible assets, net of accumulated
amortization of $22,655 435,375
----------
Total Assets $911,949
LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)
Current liabilities:
Notes payable and convertible debentures $511,652
Accounts payable and accrued liabilities 974,404
Accounts payable and accrued liabilities
- discontinued operations 698,230
Accrued expenses and other liabilities 874,087
Capital lease obligations 80,899
Accrued compensation - related parties 255,453
----------
Total current liabilities 3,394,725
Long-term debt
Notes Payable - shareholders 247,192
----------
Total Liabilities 3,641,917
----------
Shareholders' Equity (Deficit)
Preferred stock series C par value $1.00 480,000 shares
authorized; 480,000 issued and outstanding 480,000
Preferred stock series D par value $1.00 100,000 shares
authorized; 100,000 issued and outstanding 100,000
Common stock, par value $ .0001, 1,000,000,000 shares
authorized, 36,968,488 issued and outstanding 3,697
Additional paid in capital 4,127,840
Accumulated deficit (7,441,505)
----------
Total Shareholders' equity ( deficit) (2,729,968)
----------
Total Liabilities and Shareholders' Equity (deficit) $911,949
==========
</table>
See accompanying notes to consolidated financial statements
4
<page>
INVICTA GROUP INC.
CONSOLIDATED STATEMENT OF OPERATIONS
(UNAUDITED)
<table>
<s> <c> <c>
Three Three
Months Ending Months Ending
March March
2007 2006
Revenues earned $254,907 $25,061
Cost of sales 126,612
-----------------------------
Gross margin 128,295 25,061
Selling, general, and administrative expenses 271,558 178,227
-----------------------------
Income (loss) from operations before other income and expense (143,263) (153,166)
Other income and (expense)
Interest expense - related parties (4,425)
Interest expense (8,587)
Asset impairment charge (785,107)
-----------------------------
Net income (loss) before provision for income taxes (941,382) (153,166)
Provision for income taxes 0 0
-----------------------------
Net income (loss) $(941,382) $(153,166)
=============================
Net income (loss) per share weighted average share, basic
and diluted ($0.058) ($0.048)
=============================
Weighted average shares outstanding, basis and diluted 16,307,299 3,159,364
=============================
</table>
See accompanying notes to consolidated financial statements
5
<page>
INVICTA GROUP INC.
CONSOLIDATED STATEMENT OF CASH FLOWS
(UNAUDITED)
<table>
<s> <c> <c>
Three Three
Months Ending Months Ending
March 31, March 31,
2007 2006
Cash flows from operating activities:
Net income $(941,382) $(153,166)
Adjustments to reconcile net income to net
cash provided by operating activities:
Depreciation 3,661 1,875
Amortization 12,905
Stock issued for services 41,500 59,500
Asset impairment charge 785,107
Changes in assets and liabilities:
Accounts receivable and prepaid expenses (99,921)
Other assets 8,327
Accounts payable & accrued liabilities 45,444 (7,848)
-----------------------------
(144,359) (99,639)
-----------------------------
Cash flows used in investing activities:
Capital asset expenditures
Cash flows used in financing activities:
Proceeds from long term debt 144,264 175,000
Proceeds from sale of comon stock
Payments on long term debt (5,512) (30,261)
-----------------------------
138,752 144,739
-----------------------------
Net change in cash and cash equivalents (5,607) 45,100
Cash and cash equivalents, beginning of period 102,805 (1,297)
-----------------------------
Cash and cash equivalents, end of period $97,198 $43,803
=============================
Additional Cash Flow Information:
Cash paid during the period for:
Interest (non capitalized) $3,425 $23,474
=============================
IncomeTaxes $0 $0
=============================
Non-Cash Activities:
Stock issued for redemption of Preferred B stock $175,000
=============================
Stock issued for payments on convertible debentures $157,323 $43,000
=============================
</table>
See accompanying notes to consolidated financial statements
6
<page>
INVICTA GROUP INC.
CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' (DEFICIT)
For the Three Months Ended March 31, 2007
<table>
<s> <c> <c> <c> <c>
Common Stock Additional Paid
Shares $ in capital Deficit
Balance December 31, 2006 10,655,488 $1,066 $3,753,223 ($6,500,123)
Stock issued for cash
Stock issued for services 2,400,000 240 41,260
Issuance of Common Stock for the payment
on convertible debentures exercised. 15,163,000 1,516 159,232
Commom stock issued for the conversion
of Preferred B stock 8,750,000 875 174,125
Net loss for the period ended
March 31, 2007 (941,382)
------------------------------------------------------------
Balance March 31, 2007 36,968,488 $3,697 $4,127,840 ($7,441,505)
============================================================
</table>
See accompanying notes to consolidated financial statements
7
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
NOTE A. BASIS OF PRESENTATION
The accompanying unaudited condensed consolidated financial statements have
been prepared in accordance with generally accepted accounting principles for
interim financial information and with the instructions to Form 10-Q and
Article 10 of Regulation S-X. Accordingly, they do not include all of the
information and footnotes required by generally accepted accounting
principles for complete financial statements. In the opinion of management,
all adjustments (consisting of normal recurring accruals) considered
necessary for a fair presentation have been included. Operating results for
the three month period ended March 31, 2007 are not necessarily indicative of
the results that may be expected for the year ended December 31, 2007.
For further information, refer to the consolidated financial statements and
footnotes thereto included in the Registrant Company and Subsidiaries' annual
report on Form 10-K for the year ended December 31, 2006.
NOTE B. CHANGES IN STOCKHOLDERS' (DEFICIT) FOR THE THREE MONTHS ENDED MARCH
31, 2007
<table>
<s> <c> <c> <c> <c>
Common Stock Additional Paid
Shares $ in capital Deficit
Balance December 31, 2006 10,655,488 $ 1,066 $3,753,223 $(6,500,123)
Stock issued for cash
Stock issued for legal and
marketing services 2,400,000 240 41,260
Stock issued in exchange for payment
of convertible debentures 15,163,000 1,516 159,232
Common stock issued for the
conversion of preferred B stock 8,750,000 875 174,125
Net loss for the three months ended
March 31, 2007 (941,382)
Balance March 31, 2007 36,968,488 $3,697 $4,127,840 $(7,441,505)
</table>
NOTE C. INCOME PER SHARE
Basic net loss per share was computed based on the weighted average shares of
common stock outstanding and excludes any potential dilution. Diluted net
loss per share reflects the potential dilution from the exercise or
conversion of all dilutive securities, such as convertible debentures, into
common stock and stock purchase options. The Company's outstanding
convertible debentures and options are not included in the computation of
basic or diluted net loss per share since they are anti-dilutive. At March
31, 2007 potentially dilutive securities consist of convertible debentures
that could be converted into 450,000 common shares and options that could be
converted into 3,882,656 common shares.
8
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
NOTE D. CAPITAL LEASE
The capital lease liability is for leased phone equipment for Aiplan that was
to expire on March 31, 2005. Since the Company did not notify the lessor in
writing of its intent to cancel the lease was automatically renewed for a
period of two years. The lessor has confirmed receipt of a verbal
cancellation notice, but is still contending no written cancellation was
received. Because of this the Company is disputing this amount. Management
has forwarded the Company's current financial information to the lessor's
attorneys indicating that no assets exist to pay this liability, and since
the operations of the Company have been ceased they have requested them to
stop pursuing payment on this amount
NOTE E. NOTES PAYABLE - SHAREHOLDERS
Note payable to shareholders, uncollateralized, payable on the first month
after the Company has received $1,000,000 in equity funding. The monthly
installments due to shareholder are approximately $20,000. Invicta is in
default on the payments to shareholders due to a cash flow shortage.
Shareholder recognizes default status and will accept 7% interest on note
from 1/2/05 until paid in full. The Company plans to begin these payments as
soon as the necessary cash flow is available which management expects to be
in 2007. Therefore, the entire balance of $ 247,192 is classified as long-
term debt for 2007 and $250,310 for 2006. Invicta owes seller of Airplan,
Inc. $60,000, but does not intend to pay due to termination of employment
contract.
NOTE F. LEASES
Corporate Office:
Effective May 1, 2006, the Company has moved its headquarters from its office
in Miami to a new office location in Ft. Lauderdale.
The Company leases its office space under a five-year, non-cancelable
operating lease for approximately $1,900 per month.
Obligations under the non-cancelable operating leases are as follow:
Year ending December 31,
2007 $15,200
2008 22,800
2009 24,000
20010 25,200
Thereafter 25,800
----------
$113,000
9
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
Maupintour Office:
The Company leases office space in Las Vegas, Nevada at a rate of $3,900 per
month. The lease expires on June 1, 2007. The Company's Lawrence Kansas
office is leased on a month to month basis at a rate of $700 per month.
NOTE G: PREFERRED STOCK SERIES B
Invicta's Board authorized the conversion of 175,000 shares of Preferred B
Stock to restricted common shares in order to provide security for a
corporate loan. The Company was unable to finalize the loan, therefore
7,673,750 common shares that were to be used as collateral are being held in
escrow for future funding. An additional 1,076,250 shares were issued to a
director for their respective share of the Preferred B stock.
NOTE H: ACQUISITION
On March 1, 2007, the Company used the purchase method to acquire all of the
common stock of Maupintour, LLC, a Nevada Limited Liability Company formed in
2003, in exchange for $1.
Maupintour, LLC. is a travel tour operator with both wholesale and retail
travel divisions. The Company operates offices in Las Vegas, Nevada and
Lawrence Kansas.
The Company's 2007 quarterly consolidated results include the operations of
Maupintour, LLC. from the date of acquisition.
Liabilities assumed exceeded assets acquired by $985,107. The resulting
intangible asset was allocated as follows:
Customer list $200,000
Goodwill $785,107
Fair values were determined by management's estimates without independent
appraisal.
The Company will amortize the customer list beginning April 1, 2007 over a 5-
year period. All goodwill acquired has been written off during the quarter
ending March 31, 2007 as an impairment loss.
The unaudited pro forma information for the quarter ended March 31, 2004 and
2003 assumes the acquisitions occurred as of the beginning of each respective
year, after giving effect to certain adjustments, including amortization and
depreciation based upon the adjustments to the fair values of intangibles and
property, plant and equipment acquired. The pro forma results have been
prepared for comparative purposes only and are not necessarily indicative of
the results of operations that may occur in the future or that would have
occurred had the acquisitions been effected at the beginning of each period
presented.
10
<page>
INVICTA GROUP, INC.
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 2007
UNAUDITED
Pro Forma Information for Acquisitions:
Quarter Ended
March 31, March 31,
2007 2006
Gross Revenues $383,949 $1,327,699
Net Income (Loss) (337,883) (303,935)
Earnings (Loss) Per Share (.021) (.096)
NOTE I. GOING CONCERN
The Company's financial statements are prepared using the generally accepted
accounting principles applicable to a going concern, which contemplates the
realization of assets and liquidation of liabilities in the normal course of
business.
The Company has incurred losses of approximately $6,656,000 since inception
and the Company had negative working capital of $2,982,000 at March 31, 2007.
These factors raise substantial doubt about the Company's ability to continue
as a going concern.
Management believes that it will be able to generate cash sufficient to
support its operations. Management believes that it can generate this cash
and ultimately profits from advertising revenues on its website
travelhotlink.com. Travel Hot Link has no involvement with the reservation;
its revenues are generated from the Travel Supplier that advertises its
travel products online. It is estimated that Travel Hot Link will reach a
potential 40 million travel enthusiasts that are seeking travel bargains
online.
In addition to the assumption regarding increased revenues, in the 1st
quarter of 2007, the Company's management has raised approximately $160,000
in equity funding from its securities purchase agreement with Golden Gate
Investors, Inc. Invicta estimates it will need $500,000 additional funding
for working capital in 2007.
Management feels that its increase revenues from its Travel Hot Link web-
site, its equity and financing plans and the revenues from the acquisition
will provide the working capital to allow it to continue as a going concern.
However, there can be no assurances the Company will be successful in its
efforts to secure additional equity funding, financing or attain profitable
operations. The accompanying consolidated financial statements do not
include any adjustments that might result should the Company be unable to
continue as a going concern.
11
<page>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF OPERATIONS
The following discussion and analysis should be read in conjunction with
Invicta Group's consolidated financial statements included in this report.
Results of Operations
New Revenue Stream
The company acquired an escorted tour operator March 1, 2007. The company
will provide marketing services via their Email database of 40 Million travel
enthusiasts, promoting the tours and offering a discount for early bookings.
The acquisition, Maupintour, is a leader in the travel industry known for its
upscale escorted tours to over 50 Countries.
Revenues
Revenues for the 1st Quarter were generated from Internet Media and Consumer
travel packages. Internet Media Advertising revenues are flat fees charged to
travel suppliers for media purchase on website www.travelhotlink.com.
Revenues for Consumer travel are realized as Gross Sales and are recognized
when paid in full and operated. Revenues for the 1st Quarter ended March 31,
2007 were $254,907 compared to revenues of $25,061 for the 1st year ended
March 31, 2006. The revenues in 2007 versus 2006 were generated from Internet
Media Advertising and consumer travel packages vs. 2006 revenues were from
airline commissions.
Expenses
The major components of expenses are general and administrative expenses. The
1st Quarter March 31, 2007 major expenses were: Payroll $136,087; Internet
design $15,087; Professional fees $30,198; Interest Expense $13,012; the
total G&A expenses for the year were $284,570.
Acquisition of Tour Operator
March 1, 2007 Invicta acquired a Tour Operator that offers escorted tours to
50 Countries. The acquisition's revenues in 2006 were $7.1 million. The
company was acquired for $1 cash and acceptance of $900,000 debt.
Impairment Charge
The Company's 2007 quarterly consolidated results include the operations of
Maupintour, LLC. from the date of acquisition.
Liabilities assumed exceeded assets acquired by $985,107. The resulting
intangible asset was written off as an Asset impairment charge allocated as
follows:
Customer list $200,000
Goodwill $785,107
Fair values were determined by management's estimates without independent
appraisal.
12
<page>
The Company will amortize the customer list beginning April 1, 2007 over a 5-
year period. All goodwill acquired has been written off during the quarter
ending March 31, 2007 as an impairment loss.
Net Profit/Net Losses
Net profit from Operations for the Quarter ended March 31, 2006 was
$(156,275); income per share: $(0.058) compared to a net loss of $(153,166);
loss per share $(0.048) for the Quarter ended March 31, 2006. The company
also had a Asset Impairment Charge writing off Goodwill $785,107 as a one
time charge, decreasing net income to $(941,382) for the Quarter.
Funding
Invicta has received equity funding advances from an Institutional Investor
totaling $145,264 for the March 31, 2007 Quarter, and Invicta paid off
$142,333 of debt in the Quarter.. The balance due as of March 31, 2007
totaled $381,388. Payments are made with conversions of free trading stock
based on the formula: a 25% discount of the average of the three lowest days
Bids, for the 20 days before conversion notice is delivered.
Liquidity
March 31, 2007 and 2006, Invicta Group's current liquidity ratios were (.20%)
and (.027%) respectively. Invicta Group has not generated sufficient revenue
in any period, to carry its costs of operations. Invicta has derived its
liquidity principally from the sale of stock.
Common Stock Issued 1st Quarter 2007
Invicta issued 18,639,250 common shares in the 1st Quarter of 2007; 1,400,000
shares were issued for $35,500 consulting, 1,000,000 were issued for
professionals fees of $5,000 and 14,613,000 shares were issued to raise
$145,264 equity funds and pay off debt of $142,323 owed to Institutional
Investor, 550,000 shares were issue to pay $18,425 debenture, and 8,750,000
was issued as Restricted Stock for conversion of Preferred B Stock, common
shares valued at $87,500.
Preferred Stock Converted to Restricted Stock
Invicta's Board authorized the conversion of 175,000 Preferred B Stock to
Restricted Common Shares for security for a corporate loan. The loan was not
closed and 6,597,500 shares are being held in escrow for future funding, the
balance of 1,076,250 shares were issued to a Director.
Capital Resources
Additional capital needs to be invested in the company. Invicta will need a
minimum of $500,000 cash to assure the working capital is available to the
company to implement its business plan.
ITEM 3. CONTROLS AND PROCEDURES
Invicta Group's Chief Executive Officer and Chief Financial Officer, after
evaluating the effectiveness of Invicta Group's disclosure controls and
procedures (as defined in Rules 13a-14(c) and 15d-14(c) under the Securities
Exchange Act of 1934, as amended) as of March 31, 2007, (the "Evaluation
Date"), have concluded that, as of the Evaluation Date, Invicta Group's
disclosure controls and procedures were
13
<page>
effective to ensure the timely
collection, evaluation, and disclosure of information relating to Invicta
Group that would potentially be subject to disclosure under the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated
under the Act. There were no changes in Invicta Group's internal controls
over financial reporting that have materially affected, or are reasonably
likely to materially affect, its internal controls over financial reporting
during the three months ending as of the Evaluation Date.
PART II
ITEM 1. LEGAL PROCEEDINGS
None at this time
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
None at this time
ITEM 3. DEFAULTS UPON SENIOR SECURITIES
None at this time
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
None at this time
ITEM 5. OTHER INFORMATION
None at this time
14
<page>
ITEM 6. EXHIBITS
Exhibit No Description of Document
- ----------- -----------------------
3.1(a) Articles of Incorporation of Invicta Group Inc.*
3.1(b) Articles of Amendment*
3.2 Bylaws*
10.1 2002 Equity Compensation Plan*
10.2 Employment Agreement between Invicta Group and William G. Forhan*
10.3 Employment Agreement between Invicta Group and R. David Scott*
10.4 Employment Agreement between Invicta Group and Mercedes Henze*
10.5 Lease for Ft. Lauderdale, Florida Office*
10.6 Stock Purchase Agreement for the Shares of Casino Rated Players.
Inc.*
10.8 Promissory Note to William G. Forhan*
31 Certification of the Chief Executive Officer and Chief Financial
Officer pursuant to Rule 13a-14 of the Securities and Exchange Act of 1934 as
amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32 Certification of the Chief Executive Officer and Chief Financial
Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906
of the Sarbanes-Oxley Act of 2002
* Indicates previously filed in a Registration on Form SB-2, Commission File
No. 333-102555
15
<page>
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
INVICTA GROUP INC.
By: /s/ William G. Forhan
William G. Forhan
Chief Executive Officer and President
By: /s/ Richard David Scott
Richard David Scott
Chief Financial Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.
SIGNATURE TITLE DATE
/s/ William G. Forhan Chief Executive Officer, May 21, 2007
William G. Forhan President and Director
/s/ Richard David Scott Chief Operating Officer, May 21, 2007
Richard David Scott Principal Accounting and
Financial Officer and Director
16
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>2
<FILENAME>ivgr10qsb033107ex311.txt
<TEXT>
Exhibit 31.1
CERTIFICATION
Certification required by Rule 13a-14(a) or Rule 15d-14(a)
Section 302 of the Sarbanes-Oxley Act of 2002
I, William G. Forhan, certify that:
1. I have reviewed this Quarter Report on Form 10-QSB of Invicta Group,
Inc.;
2. Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-15(e)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being
prepared;
(b) Designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant's disclosure controls and
procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control
over financial reporting that occurred during the registrant's most recent
fiscal quarter (the registrant's fourth fiscal quarter in the case of an
annual report) that has materially affected, or is reasonably likely to
materially affect, the registrant's internal control over financial
reporting; and
5. The registrant's other certifying officer and I have disclosed, based
on our most recent evaluation of internal control over financial reporting,
to the registrant's auditors and the audit committee of the registrant's
board of directors (or persons performing the equivalent functions):
(a) All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal control
over financial reporting.
Date: May 21, 2007 By: /s/ William G. Forhan
William G. Forhan
President and Chief Executive Officer
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>3
<FILENAME>ivgr10qsb033107ex312.txt
<TEXT>
Exhibit 31.2
CERTIFICATION
Certification required by Rule 13a-14(a) or Rule 15d-14(a)
And under Section 302 of the Sarbanes-Oxley Act of 2002
I, Richard David Scott, certify that:
1. I have reviewed this Quarter Report on Form 10-QSB of Invicta Group,
Inc.;
2. Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to
make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by
this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer(s) and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being
prepared;
(b) Designed such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant's disclosure controls and
procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control
over financial reporting that occurred during the registrant's most recent
fiscal quarter (the registrant's fourth fiscal quarter in the case of an
annual report) that has materially affected, or is reasonably likely to
materially affect, the registrant's internal control over financial
reporting; and
5. The registrant's other certifying officer(s) and I have disclosed,
based on our most recent evaluation of internal control over financial
reporting, to the registrant's auditors and the audit committee of the
registrant's board of directors (or persons performing the equivalent
functions):
(a) All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize and report financial information; and
(b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal control
over financial reporting.
Date: May 21, 2007 By: /s/ Richard David Scott
Richard David Scott
Chief Financial Officer
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>4
<FILENAME>ivgr10qsb033107ex321.txt
<TEXT>
Exhibit 32.1
CERTIFICATION
Certification of Chief Executive Officer
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
18 U.S.C. Section 1350
In connection with the Quarterly Report of Invicta Group, Inc. (the
"Company") on Form 10-QSB for the quarter ended March 31, 2007 as filed with
the Securities and Exchange Commission on the date hereof (the "Report"), I,
William G. Forhan, President and Chief Executive Officer of the Company,
certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section
906 of the Sarbanes-Oxley Act of 2002, that:
1) The Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934, as amended, and
2) The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the
Company at the dates and for the periods presented in this Report.
Date: May 21, 2007 By: /s/ William G. Forhan
William G. Forhan
President and Chief Executive Officer
<page>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.2
<SEQUENCE>5
<FILENAME>ivgr10qsb033107ex322.txt
<TEXT>
Exhibit 32.2
CERTIFICATION
Certification of Chief Executive Officer
Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002,
18 U.S.C. Section 1350
In connection with the Quarterly Report of Invicta Group, Inc. (the
"Company") on Form 10-QSB for the quarter ended March 31, 2007 as filed with
the Securities and Exchange Commission on the date hereof (the "Report"), I,
Richard David Scott, Chief Financial Officer of the Company, certify,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that:
1) The Report fully complies with the requirements of Section 13(a) or
15(d) of the Securities Exchange Act of 1934, as amended, and
2) The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of the
Company at the dates and for the periods presented in this Report.
Date: May 21, 2007 By: /s/ Richard David Scott
Richard David Scott
Chief Financial Officer
<page>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
revenues mal wieder gesteigert.
mal schauen was die amis dazu heute sagen...
mal schauen was die amis dazu heute sagen...
Antwort auf Beitrag Nr.: 29.410.526 von g1g2 am 21.05.07 22:17:18500k sind kein pappenstiel. aber guck dir die ständig steigen revenues an. ich gehe von 2-3m in diesem jahr aus, ohne maupintour natürlich. da lässt sich schon einiges mit auffangen.
we will see
we will see
Antwort auf Beitrag Nr.: 29.412.695 von Toth am 22.05.07 08:46:23Es gab mal ein Spiel das am ENDE
lülülülülü und eine platzene Blase
machte.
Hier erinnert mich alles an lülülülü und pluppp....
Und wie sagt Blindgaenger2 so schön:
und wir sind dabei.....
lülülülülü und eine platzene Blase
machte.
Hier erinnert mich alles an lülülülü und pluppp....
Und wie sagt Blindgaenger2 so schön:
und wir sind dabei.....
Antwort auf Beitrag Nr.: 29.416.349 von hoffnungslos am 22.05.07 12:29:24
Was schreibst du denn fürn schei..
Was kannst du dennn noch verlieren???
Maximal 0,004 Cent - also so gut wie nix.
Was schreibst du denn fürn schei..
Was kannst du dennn noch verlieren???
Maximal 0,004 Cent - also so gut wie nix.
Antwort auf Beitrag Nr.: 29.416.349 von hoffnungslos am 22.05.07 12:29:24warum spielst du dein Spiel nicht weiter......... wäre doch schöner für dich
IVGR wird nicht platzen......... Bill bekommt das schon hin. Man sieht, dass die Firma wächst. Langsam aber sicher.
Nur wir Altaktionäre schneiden nicht so gut ab. Aber die Neueinsteiger, werden mit IVGR noch richtig fett Kohle absahnen können. Ich bin leider zu früh eingestiegen....
Mittelfristig wird IVGR größere Erfolge aufweisen können......
Wie gesagt. Langsam aber sicher
IVGR wird nicht platzen......... Bill bekommt das schon hin. Man sieht, dass die Firma wächst. Langsam aber sicher.
Nur wir Altaktionäre schneiden nicht so gut ab. Aber die Neueinsteiger, werden mit IVGR noch richtig fett Kohle absahnen können. Ich bin leider zu früh eingestiegen....
Mittelfristig wird IVGR größere Erfolge aufweisen können......
Wie gesagt. Langsam aber sicher
Antwort auf Beitrag Nr.: 29.416.443 von Blindgaenger2 am 22.05.07 12:35:44wie bescheuert bist Du eigentlich?
immer das gleiche bla bla bla....
...und Du verbrennst immer noch mehr Kohle mit dem Schrott!!
Klasse!!!
immer das gleiche bla bla bla....
...und Du verbrennst immer noch mehr Kohle mit dem Schrott!!
Klasse!!!
Antwort auf Beitrag Nr.: 29.419.661 von db06 am 22.05.07 15:43:34wie bescheuert bist Du eigentlich?
Ich kenne die Regeln für Postings zwar nicht so genau. Ich bin mir aber ziemlich sicher, das man bei solch Bemerkungen gegen bestehende Regeln verstößt.
Aber keine Angst. Solch Gerede ist mir zu blöd. Da mach ich mir nicht die Mühe dich anzuschwärzen.
Schließlich hast du ja nicht einmal etwas genaueres zu den Zahlen gesagt. Nur dein ewiges ALLES SCHEISSE, ALLES IDIOTEN.
Sehr Niveauvoll, muß man schon sagen. Ist das bei dir Frust oder bist du eben so (hoffe für dich das es nicht so ist)
Ich kenne die Regeln für Postings zwar nicht so genau. Ich bin mir aber ziemlich sicher, das man bei solch Bemerkungen gegen bestehende Regeln verstößt.
Aber keine Angst. Solch Gerede ist mir zu blöd. Da mach ich mir nicht die Mühe dich anzuschwärzen.
Schließlich hast du ja nicht einmal etwas genaueres zu den Zahlen gesagt. Nur dein ewiges ALLES SCHEISSE, ALLES IDIOTEN.
Sehr Niveauvoll, muß man schon sagen. Ist das bei dir Frust oder bist du eben so (hoffe für dich das es nicht so ist)
Vor den Zahlen ordentlich Volumen, nach den Zahlen nichts.
IVGR ist wohl wirklich einer dieser OTC Werte, die man kauft und liegen lässt, ohne auf den Kurs zu achten.
IVGR ist wohl wirklich einer dieser OTC Werte, die man kauft und liegen lässt, ohne auf den Kurs zu achten.
Es ist hier richtig trostlos. Da kommen gute Quartalszahlen und der Kurs bewegt sich eher nach unten, als nach oben.
Ich glaube, diese Firma wird von Investoren gemieden, warum auch immer.
Oder müssen wir ein weiteres Quartal warten?
Dies wäre dann bis 15.08..
Was meint Ihr?
Ich glaube, diese Firma wird von Investoren gemieden, warum auch immer.
Oder müssen wir ein weiteres Quartal warten?
Dies wäre dann bis 15.08..
Was meint Ihr?
-14,89%
Antwort auf Beitrag Nr.: 29.423.859 von tzadoz am 22.05.07 19:35:35ok tut mir Leid, aber
wenn ich mir nur den Kursverlauf seit dem RS ansehe, von davor ganz zu schweigen und lese dann den Unsin von wegen
" Bill bekommt das schon hin und dergl. oder "ich sehe da travelzoo vor Augen" etc. dann ist das einfach nur Unfug und mir kommt die Galle hoch !!!
"Schließlich hast du ja nicht einmal etwas genaueres zu den Zahlen gesagt."
Diese Pommesbuden-Zahlen zu kommentieren erübrigt sich doch, schau
Dir den Kursverlauf der letzten 2 Jahre an, dann siehst Du was die Börse darüber denkt !
wenn ich mir nur den Kursverlauf seit dem RS ansehe, von davor ganz zu schweigen und lese dann den Unsin von wegen
" Bill bekommt das schon hin und dergl. oder "ich sehe da travelzoo vor Augen" etc. dann ist das einfach nur Unfug und mir kommt die Galle hoch !!!
"Schließlich hast du ja nicht einmal etwas genaueres zu den Zahlen gesagt."
Diese Pommesbuden-Zahlen zu kommentieren erübrigt sich doch, schau
Dir den Kursverlauf der letzten 2 Jahre an, dann siehst Du was die Börse darüber denkt !
Mal sehen, ob die heutige neue News etwas Handelsvolumen erzeugt.
Press Release Source: Invicta Group Inc.
Invicta Group Inc. 1st Quarter Revenues Up 1,000%
Wednesday May 23, 9:00 am ET
FT. LAUDERDALE, FL--(MARKET WIRE)--May 23, 2007 -- Invicta Group Inc. (OTC BB:IVGR.OB - News) announced today the 1st Quarter financial results and filing of their 10Q.
ADVERTISEMENT
Invicta's 1st Quarter revenues were $254,907 for quarter ending March 31,2007 versus revenues of $25,061 for the same period in 2006.
Invicta's operating losses for the 1st Quarter 2007 were $156,275 compared to the same period losses in 2006 totaling $153,166. The loss per share for 2007 were ($.058) compared to 2006 loss per share ($.048).The company also wrote off $785,107 of Goodwill from the 1st Quarter acquisition as an Asset Impairment Charge, a one time charge, increasing losses to $941,382.
Invicta expects revenues to continue to increase and will strive to reduce losses, and focus on generating a profit in the near future.
INVICTA GROUP INC. is an Internet Media Company that specializes in the Travel Industry. The company has 2 subsidiaries that both use the Internet as their key media to generate revenues: Travel Hot Link sells its Internet database of 40 million travel enthusiasts to Travel Suppliers that want to promote their discounted travel products: airline tickets, hotel rooms, tour packages, cruise cabins on the Internet 24/7; and Maupintour, an upscale escorted Tour Operator that offers over 90 tours to over 50 Countries, uses the Internet to promote their tours to Travelers and Travel Agents.
Contact:
Additional information:
Contact:
David Scott
COO
dscott@invictatravelgroup.com
or
http://www.invictatravelgroup.com
--------------------------------------------------------------------------------
Source: Invicta Group Inc.
Press Release Source: Invicta Group Inc.
Invicta Group Inc. 1st Quarter Revenues Up 1,000%
Wednesday May 23, 9:00 am ET
FT. LAUDERDALE, FL--(MARKET WIRE)--May 23, 2007 -- Invicta Group Inc. (OTC BB:IVGR.OB - News) announced today the 1st Quarter financial results and filing of their 10Q.
ADVERTISEMENT
Invicta's 1st Quarter revenues were $254,907 for quarter ending March 31,2007 versus revenues of $25,061 for the same period in 2006.
Invicta's operating losses for the 1st Quarter 2007 were $156,275 compared to the same period losses in 2006 totaling $153,166. The loss per share for 2007 were ($.058) compared to 2006 loss per share ($.048).The company also wrote off $785,107 of Goodwill from the 1st Quarter acquisition as an Asset Impairment Charge, a one time charge, increasing losses to $941,382.
Invicta expects revenues to continue to increase and will strive to reduce losses, and focus on generating a profit in the near future.
INVICTA GROUP INC. is an Internet Media Company that specializes in the Travel Industry. The company has 2 subsidiaries that both use the Internet as their key media to generate revenues: Travel Hot Link sells its Internet database of 40 million travel enthusiasts to Travel Suppliers that want to promote their discounted travel products: airline tickets, hotel rooms, tour packages, cruise cabins on the Internet 24/7; and Maupintour, an upscale escorted Tour Operator that offers over 90 tours to over 50 Countries, uses the Internet to promote their tours to Travelers and Travel Agents.
Contact:
Additional information:
Contact:
David Scott
COO
dscott@invictatravelgroup.com
or
http://www.invictatravelgroup.com
--------------------------------------------------------------------------------
Source: Invicta Group Inc.
Um es mal mit den Worten der Höhner zu sagen "Wenn nicht jetzt, wann dann ....."
Auch wenn der ein oder andere wieder anfängt zu stöhnen, fasse ich das ewige Thema Ausgliederung CRP auf.
Denn jetzt wäre meiner Meinung nach der richtige Zeitpunkt.
Der Grund ist der folgende, hier bereits erwähnte, Absatz "Additional capital needs to be invested in the company. Invicta will need a minimum of $500,000 cash to assure the working capital is available to the company to implement its business plan."
Denn die 500.000 werden wohl für den Umbau Maupintour gebraucht. Gehe ich zumindest mal von aus.
Und da wohl hier jedem klar sein sollte, das diese 500.000 den weiteren Aufbau IVGR´s bremsen, wäre eine Ausgliederung eines Unternehmensteils sinnvoll. So könnte zumindest CRP dann zügig/zügiger vorangetrieben werden.
Und vieleicht würden die News dazu auch mal zumindest kurzfristig den Kurs ankurbeln.
Ob in der nächsten Zeit allerdings was passiert, ist wohl mehr als fraglich. Allerdings hat Bill noch Zeit.
Am 20.03.07 hat Bill mir was von maximal 90 Tagen geschrieben. Solange gebe ihm auch Zeit. (CRP is working with SEC for approval to become public…estimate 90 days)
Auch wenn der ein oder andere wieder anfängt zu stöhnen, fasse ich das ewige Thema Ausgliederung CRP auf.
Denn jetzt wäre meiner Meinung nach der richtige Zeitpunkt.
Der Grund ist der folgende, hier bereits erwähnte, Absatz "Additional capital needs to be invested in the company. Invicta will need a minimum of $500,000 cash to assure the working capital is available to the company to implement its business plan."
Denn die 500.000 werden wohl für den Umbau Maupintour gebraucht. Gehe ich zumindest mal von aus.
Und da wohl hier jedem klar sein sollte, das diese 500.000 den weiteren Aufbau IVGR´s bremsen, wäre eine Ausgliederung eines Unternehmensteils sinnvoll. So könnte zumindest CRP dann zügig/zügiger vorangetrieben werden.
Und vieleicht würden die News dazu auch mal zumindest kurzfristig den Kurs ankurbeln.
Ob in der nächsten Zeit allerdings was passiert, ist wohl mehr als fraglich. Allerdings hat Bill noch Zeit.
Am 20.03.07 hat Bill mir was von maximal 90 Tagen geschrieben. Solange gebe ihm auch Zeit. (CRP is working with SEC for approval to become public…estimate 90 days)
Antwort auf Beitrag Nr.: 29.432.357 von db06 am 23.05.07 12:03:09Diese Pommesbuden-Zahlen zu kommentieren erübrigt sich doch, schau
Dir den Kursverlauf der letzten 2 Jahre an, dann siehst Du was die Börse darüber denkt !
Kritik alleine am Kurs und an den Postings von Usern sehen aber nunmal nicht so toll aus. Natürlich ist der Kursverlauf einfach nur SCHEISSE.
Aber an den News zumindest der letzten 6 Monate kann ich nichts aussetzen.
Außerdem ist IVGR keine Pommesbude mehr. Mit Maupintour etwa 8-9 Mio. Umsatz.
Wobei ich hoffe, das der Umsatz von Maupintour von 7 Mio. auf vieleicht nur noch 5 Mio. sinkt und dafür aber gleichzeitig der Verlust sich in Gewinn verwandelt.
Nur leider weiß ich über Maupintour nicht viel. Daher kann ich nicht sagen, ob man vieleicht ein Geschäftsfeld oder einen Teil eines Geschätfsfeldes welches für den Großteil des Verlustes von 400.000 verantwortlich ist, einfach dichtmachen oder verkaufen kann.
Wäre zumindest das beste. Glaube ich aber nicht wirklich.
Dir den Kursverlauf der letzten 2 Jahre an, dann siehst Du was die Börse darüber denkt !
Kritik alleine am Kurs und an den Postings von Usern sehen aber nunmal nicht so toll aus. Natürlich ist der Kursverlauf einfach nur SCHEISSE.
Aber an den News zumindest der letzten 6 Monate kann ich nichts aussetzen.
Außerdem ist IVGR keine Pommesbude mehr. Mit Maupintour etwa 8-9 Mio. Umsatz.
Wobei ich hoffe, das der Umsatz von Maupintour von 7 Mio. auf vieleicht nur noch 5 Mio. sinkt und dafür aber gleichzeitig der Verlust sich in Gewinn verwandelt.
Nur leider weiß ich über Maupintour nicht viel. Daher kann ich nicht sagen, ob man vieleicht ein Geschäftsfeld oder einen Teil eines Geschätfsfeldes welches für den Großteil des Verlustes von 400.000 verantwortlich ist, einfach dichtmachen oder verkaufen kann.
Wäre zumindest das beste. Glaube ich aber nicht wirklich.
Heute ist wieder einmal ein roter Kurstag beendet worden.
SK in USA 0,0035 $
Wo soll dies enden? Maximal bei 0
Ich hoffe es liegt am Börsenmonat Mai.
SK in USA 0,0035 $
Wo soll dies enden? Maximal bei 0
Ich hoffe es liegt am Börsenmonat Mai.
Antwort auf Beitrag Nr.: 29.412.312 von Spekufuchs am 22.05.07 08:06:19Ich finde dieses Ergebnis gar nicht so schlecht. Mal sehen was der Kurs heute macht. Mittlerweile sind bereits -The number of shares of common stock outstanding as of May 10, 2007 was
60,793,488- ausgegeben. Dies sind jedenfalls nicht zu viel. Wenn jetzt weiterhin von Quartal zu Quartal der Umsatz wächst, sollte diese Aktie bald von Investoren bemerkt werden. Eine Übernahme wäre ja auch möglich.
auf welchem Stern lebst du denn???????
60,793,488- ausgegeben. Dies sind jedenfalls nicht zu viel
nicht zuviel
The number of shares of common stock outstanding as of March 31, 2007 was 36,968,488.
The number of shares of common stock outstanding as of May 10, 2007 was 60,793,488
In 30 Tagen 23.825.000 Aktien auf den Markt geschmissen.
Und das obwohl erst vorkurzem ein RS von 1:50 gemacht wurde.
Wenn du das alles als ok bezeichnest dann ...........
ne mir fällt nix mehr ein
60,793,488- ausgegeben. Dies sind jedenfalls nicht zu viel. Wenn jetzt weiterhin von Quartal zu Quartal der Umsatz wächst, sollte diese Aktie bald von Investoren bemerkt werden. Eine Übernahme wäre ja auch möglich.
auf welchem Stern lebst du denn???????
60,793,488- ausgegeben. Dies sind jedenfalls nicht zu viel
nicht zuviel
The number of shares of common stock outstanding as of March 31, 2007 was 36,968,488.
The number of shares of common stock outstanding as of May 10, 2007 was 60,793,488
In 30 Tagen 23.825.000 Aktien auf den Markt geschmissen.
Und das obwohl erst vorkurzem ein RS von 1:50 gemacht wurde.
Wenn du das alles als ok bezeichnest dann ...........
ne mir fällt nix mehr ein
Antwort auf Beitrag Nr.: 29.425.609 von Spekufuchs am 22.05.07 21:26:19Welchen Q-Bericht hast du denn gelesen das due sagst er ist gut???
Ein Kommentar zu den Zahlen erübrigt sich wenn man in einem Quartal solche Zahlen macht.
Net income (loss) $(941,382)
und die Schulden von 2 Mio auf 3 Mio steigen.
Ohne dei 900k von Maupintour mitgerechnet.
außerdem die 500k welche er noch zusätzlich zu den normalen Ausgaben benötigt holt er über die Aktien.
Net income (loss) $(941,382)
und die Schulden von 2 Mio auf 3 Mio steigen.
Ohne dei 900k von Maupintour mitgerechnet.
außerdem die 500k welche er noch zusätzlich zu den normalen Ausgaben benötigt holt er über die Aktien.
furchtbar
auch diese investition müssen wir abschreiben
auch diese investition müssen wir abschreiben
Antwort auf Beitrag Nr.: 29.447.621 von haribo am 24.05.07 10:57:32Invicta's operating losses for the 1st Quarter 2007 were $156,275 compared to the same period losses in 2006 totaling $153,166. The loss per share for 2007 were ($.058) compared to 2006 loss per share ($.048).The company also wrote off $785,107 of Goodwill from the 1st Quarter acquisition as an Asset Impairment Charge, a one time charge, increasing losses to $941,382.
Goodwill ("Der gute Wille") entsteht bei Unternehmensaufkäufen durch den Buchwert des gekauften Unternehmens und dem real gezahlten Übernahmepreises.
Die Differenz zwischen diesen beiden Wertansätzen soll buchhalterische Werte wie Marktposition, Patente, Wachstumspotential usw abgelten.
Goodwill-Abschreibungen lösen aber keine realen Geldströme aus! Diese sind ja bereits bei Übernahme geflossen. Aber Goodwill-Abschreibungen verschlechtern die Bilanzstruktur (das Verhältnis ein Eigenkapital zu Schulden) und erschweren damit die ggf. erforderliche zukünftige Expansion.
http://www.boersenseminar.info/goodwill.html
Also auch wenn die Zahlen nicht besonders toll waren, mach es dir nicht zu einfach. Das ist etwas einmaliges, hat also nichts mit dem laufenden Geschäft zu tun.
Goodwill ("Der gute Wille") entsteht bei Unternehmensaufkäufen durch den Buchwert des gekauften Unternehmens und dem real gezahlten Übernahmepreises.
Die Differenz zwischen diesen beiden Wertansätzen soll buchhalterische Werte wie Marktposition, Patente, Wachstumspotential usw abgelten.
Goodwill-Abschreibungen lösen aber keine realen Geldströme aus! Diese sind ja bereits bei Übernahme geflossen. Aber Goodwill-Abschreibungen verschlechtern die Bilanzstruktur (das Verhältnis ein Eigenkapital zu Schulden) und erschweren damit die ggf. erforderliche zukünftige Expansion.
http://www.boersenseminar.info/goodwill.html
Also auch wenn die Zahlen nicht besonders toll waren, mach es dir nicht zu einfach. Das ist etwas einmaliges, hat also nichts mit dem laufenden Geschäft zu tun.
Antwort auf Beitrag Nr.: 29.447.943 von gauner1 am 24.05.07 11:15:34Was hat sich denn bei IVGR seit deinen Empfehlungen 2006 geändert ? Schlechter sind die Zahlen nicht geworden. Maupintour mal nicht mit eingerechnet.
Hier nochmal eine Mail von Bill am 28.03.2007
The 2006 Revenues were $7M and losses were $400,000. We have reduced nearly $600,000 in overhead and will realize $400,000 in synergy; projecting a profit exceeding $250,000 - $700,000 over the next 12 months.
Für die noch Optimisten
The 2006 Revenues were $7M and losses were $400,000. We have reduced nearly $600,000 in overhead and will realize $400,000 in synergy; projecting a profit exceeding $250,000 - $700,000 over the next 12 months.
Für die noch Optimisten
12:13:51 Q 0.0033 -0.0002 1,500,000
12:13:21 Q 0.0034 -0.0001 1,500,000
Das haben wir auch nicht oft.
12:13:21 Q 0.0034 -0.0001 1,500,000
Das haben wir auch nicht oft.
Antwort auf Beitrag Nr.: 29.455.770 von tzadoz am 24.05.07 18:51:13Goodwill ("Der gute Wille") entsteht bei Unternehmensaufkäufen durch den Buchwert des gekauften Unternehmens und dem real gezahlten Übernahmepreises
Goodwill hat nichts mit guter wille zu tun sonder sind nichts anderes als abschreibungen die bei jeder Firma getätigt werden um Wertlose Sachen zu bilanzieren
Da hast du vollkommen Recht. Wenn es aber so ist, dann müsste Maupintour komplett in die Bilanz mit eingerechnet sein. Dies ist aber nicht der Fall. Also kommen die Goodwill auch nicht von Maupintour sondern aus der Vergangenheit oder ?????.
Natürlich lösen Sie für die Zukunft keine Geldströme mehr aus weil die Kohle ja schon verbraten wurde. Aber Sie stehen in den Schulden und dies beeiträchtigt die Zukunft.
Also auch wenn die Zahlen nicht besonders toll waren, mach es dir nicht zu einfach. Das ist etwas einmaliges, hat also nichts mit dem laufenden Geschäft zu tun
Nein ich mache es mir nicht einfach, ich sehe nur die Realität. und es hat etwas mit dem laufenden Geschäft zu tun den die Summe steht bei der Bilanz unter Schulden. Je mehr dort steht desto mehr wird der Börsenwert beeinträchtigt und diese müssen aus dem laufenden Geschäft getilgt werden. Etwas einmaliges mit langer und großer Wirkung.
Goodwill hat nichts mit guter wille zu tun sonder sind nichts anderes als abschreibungen die bei jeder Firma getätigt werden um Wertlose Sachen zu bilanzieren
Da hast du vollkommen Recht. Wenn es aber so ist, dann müsste Maupintour komplett in die Bilanz mit eingerechnet sein. Dies ist aber nicht der Fall. Also kommen die Goodwill auch nicht von Maupintour sondern aus der Vergangenheit oder ?????.
Natürlich lösen Sie für die Zukunft keine Geldströme mehr aus weil die Kohle ja schon verbraten wurde. Aber Sie stehen in den Schulden und dies beeiträchtigt die Zukunft.
Also auch wenn die Zahlen nicht besonders toll waren, mach es dir nicht zu einfach. Das ist etwas einmaliges, hat also nichts mit dem laufenden Geschäft zu tun
Nein ich mache es mir nicht einfach, ich sehe nur die Realität. und es hat etwas mit dem laufenden Geschäft zu tun den die Summe steht bei der Bilanz unter Schulden. Je mehr dort steht desto mehr wird der Börsenwert beeinträchtigt und diese müssen aus dem laufenden Geschäft getilgt werden. Etwas einmaliges mit langer und großer Wirkung.
Jetzt sind wir bei 0,003
nicht mehr lange dann sind wir wieder da wo der RS gemacht wurde.
Je tiefer der Kurs desto mehr Aktien kommen auf den Markt.
Bill hätte mal gelich einen RS von 1:100 machen sollen.
nicht mehr lange dann sind wir wieder da wo der RS gemacht wurde.
Je tiefer der Kurs desto mehr Aktien kommen auf den Markt.
Bill hätte mal gelich einen RS von 1:100 machen sollen.
Antwort auf Beitrag Nr.: 29.462.626 von haribo am 25.05.07 10:26:59
keine angst, rs wird kommen, dann gibt wieder sofortverlust von 60%
andererseits mache ich mir wegen neuen rs keine sorgen, denn wir haben bereits jetzt schon 100% verlust, also mehr verlust kann nicht mehr geben
keine angst, rs wird kommen, dann gibt wieder sofortverlust von 60%
andererseits mache ich mir wegen neuen rs keine sorgen, denn wir haben bereits jetzt schon 100% verlust, also mehr verlust kann nicht mehr geben
Antwort auf Beitrag Nr.: 29.475.679 von gauner1 am 26.05.07 11:28:41@ Haribo,
ob RS 1:100 oder 1:1000 oder 1.10000 ist vollkommen wurscht.
denn ob 0,003 oder 0,03 oder 0,3 ist zum Ende ist egal, das ende kommt - so oder so.
@ gauner,
wieso gibt es sofortverlust von 60 %, und wieso haben wir schon 100 % Verlust???
Ich ich von Summe X 100% Verlust habe bin ich (genau wie hier bei IVGR) bei Null (0), nix, narda, aus, vorbei, Ende
Der Laden ist pleite, Game over....
Nur hat Bill es noch nicht gemerkt, das jetzt schluss ist....
und viele, viele Andere hier auch nicht.
Schreibt bei der Steuer Euer Geld ab und fertig.
Hier gibts nichts mehr zu holen....
Bis neulich
P.S. was kann man aktuell noch verlieren?? max 0,003 Toirocent...
ob RS 1:100 oder 1:1000 oder 1.10000 ist vollkommen wurscht.
denn ob 0,003 oder 0,03 oder 0,3 ist zum Ende ist egal, das ende kommt - so oder so.
@ gauner,
wieso gibt es sofortverlust von 60 %, und wieso haben wir schon 100 % Verlust???
Ich ich von Summe X 100% Verlust habe bin ich (genau wie hier bei IVGR) bei Null (0), nix, narda, aus, vorbei, Ende
Der Laden ist pleite, Game over....
Nur hat Bill es noch nicht gemerkt, das jetzt schluss ist....
und viele, viele Andere hier auch nicht.
Schreibt bei der Steuer Euer Geld ab und fertig.
Hier gibts nichts mehr zu holen....
Bis neulich
P.S. was kann man aktuell noch verlieren?? max 0,003 Toirocent...
Antwort auf Beitrag Nr.: 29.476.232 von hoffnungslos am 26.05.07 13:32:11
der ek bei vielen von uns ist 0,10. bei mir 0,09. wenn der kurs bei 0,003 steht, ist es kein totalverlust ??
nach erfhrung gibt es nach jedem rs immer mindestens 50% kursverlust und zwar nicht gleich, sondern bis höchstens paar tage nach rs.
der laden haben fertig
gruß gauner
der ek bei vielen von uns ist 0,10. bei mir 0,09. wenn der kurs bei 0,003 steht, ist es kein totalverlust ??
nach erfhrung gibt es nach jedem rs immer mindestens 50% kursverlust und zwar nicht gleich, sondern bis höchstens paar tage nach rs.
der laden haben fertig
gruß gauner
Antwort auf Beitrag Nr.: 29.483.460 von gauner1 am 27.05.07 10:33:11
Ha,
und wie sagt dein Kumpel Blindgaenger2 immer so schön ????
und wir sind dabei
bei mmio ist da gleiche Spiel wie hier
auch pleite
und wir sind dabei
Ha,
und wie sagt dein Kumpel Blindgaenger2 immer so schön ????
und wir sind dabei
bei mmio ist da gleiche Spiel wie hier
auch pleite
und wir sind dabei
Antwort auf Beitrag Nr.: 29.447.943 von gauner1 am 24.05.07 11:15:34hallo bin neu angemeldet und lese öfters . bin mir auch nicht sicher , aber wenn wäre ein zukauf auch ein schneller ausstieg. ich habe doch letzten monat noch etwas von breakeven gelesen.
Bill hat mir mal wieder geschrieben. Meine Mail wollte er wohl nicht so stehen lassen. Macht euch selbst ein Bild.
IVGR stock price is way under valued…the public shell alone should be $500,000 - $750,000…that’s a 2 cent stock plus the assets of the database of 40M Emails, and 2 companies Travel Hot Link and Maupintour add up to more.
Stock price started dropping when we announced the acquisition of Maupintour…I assume the following: shareholders did like assumption of $1M debt and Investors that infused $125,000 of equity funding sold their free trading shares.
David and I have not given up on the company. We believe we are a stronger company with addition of $4-5M Revenues in 2007 and a new revenue stream.
IVGR is still under funded, management works for a fraction of employment contracts…putting other employees and corporate debt in front of our income.
We are dedicated to grow the business and to survive.
Bill
IVGR stock price is way under valued…the public shell alone should be $500,000 - $750,000…that’s a 2 cent stock plus the assets of the database of 40M Emails, and 2 companies Travel Hot Link and Maupintour add up to more.
Stock price started dropping when we announced the acquisition of Maupintour…I assume the following: shareholders did like assumption of $1M debt and Investors that infused $125,000 of equity funding sold their free trading shares.
David and I have not given up on the company. We believe we are a stronger company with addition of $4-5M Revenues in 2007 and a new revenue stream.
IVGR is still under funded, management works for a fraction of employment contracts…putting other employees and corporate debt in front of our income.
We are dedicated to grow the business and to survive.
Bill
Antwort auf Beitrag Nr.: 29.532.596 von tzadoz am 29.05.07 22:54:27Den Scheiß hat er in ähnlicher Weise schon vor 2 Jahren geschrieben.
Die Firma ist unterbewertet und die Geldgeber haben unglücklicherweise schon wieder viele Shares für 125k verkauft.
Eine Fa. die nur meise schreibt ist halt nichts Wert.
Und die Schulden übersteigen meines Erachtens die assets.
Vorher sagte man das Maupintour 7 Mio Umsatz beisteuert jetzt spricht man von zusätzlich 4-5 Mio.
Wer soll den Mist noch glauben?????????
Die Firma ist unterbewertet und die Geldgeber haben unglücklicherweise schon wieder viele Shares für 125k verkauft.
Eine Fa. die nur meise schreibt ist halt nichts Wert.
Und die Schulden übersteigen meines Erachtens die assets.
Vorher sagte man das Maupintour 7 Mio Umsatz beisteuert jetzt spricht man von zusätzlich 4-5 Mio.
Wer soll den Mist noch glauben?????????
Antwort auf Beitrag Nr.: 29.540.361 von haribo am 30.05.07 14:48:15Wer soll den Mist noch glauben?????????
Du
Du
Antwort auf Beitrag Nr.: 29.544.405 von tzadoz am 30.05.07 18:35:23kann ich mir nicht vorstellen.
Aber wo sind denn die Jungs die so davon überzeugt waren das der Kurs nach den Q1 Zahlen nach oben maschiert??????
niemand mehr da??
Aber wo sind denn die Jungs die so davon überzeugt waren das der Kurs nach den Q1 Zahlen nach oben maschiert??????
niemand mehr da??
zz. +600%
waaahnnnsiinnn!!!
gratulation an alle die so lange durchgehalten haben....
ich hatte mich ja vor einigen monaten verabschiedet... leider auch mit deutlichen verlusten!
aber diejenigen die hier in den letzten drei monaten zugelangt haben, scheinen verstanden zu haben wie die uhr tickt!!!
800 bis 1000%.... an einem tag!!
ok.... bleibe aber trotzdem draussn... mal sehen ob es so ein weltfirma wird!!
gratulation an alle die so lange durchgehalten haben....
ich hatte mich ja vor einigen monaten verabschiedet... leider auch mit deutlichen verlusten!
aber diejenigen die hier in den letzten drei monaten zugelangt haben, scheinen verstanden zu haben wie die uhr tickt!!!
800 bis 1000%.... an einem tag!!
ok.... bleibe aber trotzdem draussn... mal sehen ob es so ein weltfirma wird!!
Antwort auf Beitrag Nr.: 28.788.352 von JAY25 am 13.04.07 08:33:49 Scheint wohl ein Konzern im Aufbau zu sein. Wann kommt den der Q2-07....falls nach der Formation nun ein Aufwärtstrend beginnt, ist das mit derzeitigen Zahlen noch nicht gerechtfertigt.
Psychologisch übertrieben 0,40 Cent. Dann die Gefahr einer Übernahme,
da ein viel zu großer Streubesitz...25 % beim Vorstand.
Gruß Ray (Germany)
Das ist keine Kauf -oder Verkaufsemfehlung
Psychologisch übertrieben 0,40 Cent. Dann die Gefahr einer Übernahme,
da ein viel zu großer Streubesitz...25 % beim Vorstand.
Gruß Ray (Germany)
Das ist keine Kauf -oder Verkaufsemfehlung
Antwort auf Beitrag Nr.: 28.788.291 von stupidgame am 13.04.07 08:27:25solltest Dir in der Dönerbude ein Travel kaufen..Der Vergleich ist wohl etwas merkwürdig.
Die Jungs in Florida strengen sich doch wirklich an.
Ray
Die Jungs in Florida strengen sich doch wirklich an.
Ray
wenn ein konzern im aufbau ist muß dieser allein wegen den steuerabschreibubgen das gleichgewicht zu halten auch für die nächsten jahre verluste machen und firmen dazu kaufen...
ich verstehe die ganze debatte hier nicht.
highen verdirbt nur die preise höchstens man kauft nach..aber der kurs ist nicht zum runter speckulieren...wenn ein großaktionär zugreift geht das alles rasend schnell.
mich irritiert nur ein wenig das wirkliche kerngeschäft..verlusttöchter ab zu stoßen ist ok... nur wenn eine bank richtig mit macht könnte solch minikonzern sogar einen großen deutschen konzern übernehmen (Reisesparte nur keine Telefongesellschaft).
Germany z.B Reisegesellschaft welche im Dax sind. Somit würde die zukünftige Konzernmutter in den USA auch aufsteigen.....
Ray (Frankfurt)
ich verstehe die ganze debatte hier nicht.
highen verdirbt nur die preise höchstens man kauft nach..aber der kurs ist nicht zum runter speckulieren...wenn ein großaktionär zugreift geht das alles rasend schnell.
mich irritiert nur ein wenig das wirkliche kerngeschäft..verlusttöchter ab zu stoßen ist ok... nur wenn eine bank richtig mit macht könnte solch minikonzern sogar einen großen deutschen konzern übernehmen (Reisesparte nur keine Telefongesellschaft).
Germany z.B Reisegesellschaft welche im Dax sind. Somit würde die zukünftige Konzernmutter in den USA auch aufsteigen.....
Ray (Frankfurt)
einfach eine Schl.tabl. nehmen und Ruhe, mein Freund Kostos Spruch....Ray aus FFM
Antwort auf Beitrag Nr.: 30.785.400 von RaimonGtz am 21.07.07 13:30:14 ich würde jedem raten alle verkäufe bei den banken zu stoppen..
abwarten meine freunde in usa sind informiert....wir alle bauen einen
richtig teuren konzern auf..
wenn ihr unbedingt verkaufen wollt dann ganz kleine stückzahlen... und gleich wieder kaufen.. übrigens diese dinge sind nach nachfrage bei der SEC legal...
also ab montag alle verkäufe abziehen..
der konzern dürfte bis jahresende wohl mehr erreichen... als vorsichtig angegeben ...
stürzt euch nurnicht alle bei 50 cent in den verkauf....laufen lassen..
mein freund bill gates hat auch mal so angefangen...war auch ein baby..
ray
abwarten meine freunde in usa sind informiert....wir alle bauen einen
richtig teuren konzern auf..
wenn ihr unbedingt verkaufen wollt dann ganz kleine stückzahlen... und gleich wieder kaufen.. übrigens diese dinge sind nach nachfrage bei der SEC legal...
also ab montag alle verkäufe abziehen..
der konzern dürfte bis jahresende wohl mehr erreichen... als vorsichtig angegeben ...
stürzt euch nurnicht alle bei 50 cent in den verkauf....laufen lassen..
mein freund bill gates hat auch mal so angefangen...war auch ein baby..
ray
bei lng und schwarz stehen wir aktuell bei € 17,78... gibt es zum WE vielleicht news?
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