MARKET HEADLINE: SHORT SELLING BY OCTOBER

LBC Express Holdings Inc.
#1
BUSINESS PROFILE

LBC Express Holdings, Inc. (LBC) was incorporated on July 12, 1993 as Federal Chemicals, Inc. to engage in the manufacture of various adhesives and sealants and other chemicals for hardware, construction, do-it-yourself and industrial applications. In September 2007, the Company changed its corporate name to Federal Resources Investment Group, Inc. (FED) as well as its primary purpose to that of a holding company. In order to tap potential business opportunities, FED deemed it necessary to broaden the scope of the Company's primary purpose by changing it to that of a holding company.

In July 2015, LBC Development Corporation (LBCDC) completed its tender offer to FED’s shareholders and became the owner of 59.1% the Company. By October 2015, LBCDC acquired more shares and increased its equity interest in FED to 84.6%. FED subsequently applied for the change in corporate name to the present one, which the SEC approved on October 12, 2015. The Company, however, maintained its primary purpose of being a holding company.

LBC’s business comprises of two primary segments: logistics; and money transfer services. The logistics business serves retail customers and corporate customers. Money transfer services segment comprises both domestic and international money transfer services.

LBC, through LBC Express, Inc., provides logistics services via a network of 1,000 branches located nationwide. The LBC Group has also set up branches in various locations in North America, the Middle East, Asia Pacific, Europe and Oceania.

Source: SEC Form 17-A (2016)

Formerly Federal Chemicals, Inc., Federal Resources Investment Group, Inc. (FED) was formed on July 12, 1993 and used to engage in the manufacture, marketing and distribution of various adhesives and sealants and other chemicals catering to an assortment of hardware, construction, do-it-yourself and other applications. In order to tap potential business opportunities, the Company deemed it necessary to broaden the scope of the Company's primary purpose by changing it to that of a holding company to allow for greater flexibility in its investment options. On September 28, 2007, the Securities and Exchange Commission approved the change in primary purpose of FED to a holding company, and its corporate name to Federal Resources Investment Group, Inc.

At present, FED is in the process of winding up its manufacturing and trading operations and selling its remaining inventories. FED is continually studying and evaluating other lines of business related to its new primary activities as a holding company.

Source: SEC Form 17-A (2010)


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#2
Tumikim ako ng kaunti, ganda ng pagkaka drawing ng chart e...divergence plus nagkaron ng volume..
sana di mapalo.. hihihi.. Big Grin
~In all your ways, acknowledge God.

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#3
^^Shhh....may cross transaction dito last August 2011. Eto lang outstanding shares ni FED - 37,508,000.
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#4
mam Ruach, another candidate po ba ito sa multiple ceilings??? usong uso ngayon to..check natin bukas ha. thanks Smile
If it doesn't feel right, don't do it!
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#5
To Luc23:

Post mo naman chart mo para makita ko yung divergence na sinasabi mo. Thanks.

To AB:

Let us just wait and see.
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#6
^^eto Mam Ruach, though I'm not sure kung meron paba epekto ito sa mga gantong klaseng stock... hehe.

[Image: fedchart.jpg]
~In all your ways, acknowledge God.

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#7
^^Hahaha...Natawa talaga ako sa sinabi mo. Of course may effect. Pareho pala tayo ng nakita sa FED. Smile Both on Daily and Weekly Chart, maganda for me si FED.
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#8
somebody is accumulating .... Wink
If it doesn't feel right, don't do it!
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#9
galing ni SuperBoy dito..

baka ikaw yun boss AB.. nyahahaa. :p
when GOD steps in, MIRACLE happens.....

It's more fun in FOREX!!!

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#10
^^Shhh....you know how he does things? Are you ready? Hahahaha....Big GrinBig GrinBig Grin
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