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Hard to believe that this is under 10 cents with record 1st quarter revenues coming and profitability. Share structure is still good with the float at about 19.7-20 million and OS around 87 million. Moreover, website is getting record hits each day and company has some salable merchandise, including the new limited Paris Hilton watches.
2005 10-K out. Not bad. 49% increase in revenues over 2004; 56% increase in gross profits. 87+/- million (3/06) OS; 19.7+/-m float
Imo PR will come out soon indicating over 400% increase in revenues for 1st quarter 2006. Also, heard rumour that ABZS will be profiled on thestockster.com Just a rumour...
things looking good....
Thanks for the repoy hapacrazy. gltu.
we wont know until the report comes out,which is due by the end of the month
anyone have a recommendation on this stock? I know their 4th quarters sales in 2005 were outstanding but am not sure if they made any profit.
ABZS Abazias.com Investor Update
Business Wire - March 14, 2006 9:00 AM (EDT)
GAINESVILLE, Fla., Mar 14, 2006 (BUSINESS WIRE) -- Abazias (OTCBB:ABZS) is pleased to update investors on the status of sales for the quarter and report on the upcoming 10-K. Based on significant sales figures, Abazias estimates another record-breaking quarter, with first quarter sales expected to exceed $1 million. If these expectations are realized, Abazias will have increased sales over 141% over last year's $413,000 in sales for the first quarter of 2004.
"These figures are quite remarkable, since the first quarter is historically not very strong due to the seasonality of diamond purchases," stated Oscar Rodriguez, CEO of Abazias.com. "Our focus over the past six months has been on improving the infrastructure, and we have made several technological improvements to the site that should be unveiled by next quarter," Rodriguez continued. "These advancements will affect our growth curve in a significant way. We appear to be finally taking business away from Blue Nile (NILE), a company that now shows signs of anemic growth."
In addition to the overwhelming sales figures, Abazias.com also would like to advise that the 10-K audited numbers are being finalized now for 2005, and are expected to be released on or about April 2, 2006. These figures will confirm significant growth from the previous year.
Activities for 2006 include investor relations through professional associations, including SmallCapVoice.com. Additionally, Abazias continues to promote the company through consumer public relations and strategic marketing alliances with Paris Hilton Limited Edition Watches.
Abazias.com has created a strong customer following based on customer service and site innovations that let shoppers create their own jewelry. In addition to delivering quality diamonds at wholesale prices, Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased.
Abazias.com showcases over 70,000 diamonds, valued at over $350 million on its site at www.abazias.com. Most of Abazias.com diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond(R)," which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information about Abazias.com, visit the Company's website at www.abazias.com.
his press release may contain statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.
SOURCE: Abazias
IR Contact:
SmallCapVoice.com Investor Relations
Stuart T. Smith, 512-267-2430
SSmith@SmallcapVoice.com
or
PR Contact: Kollaras Communications
Rebecca Kollaras, 305-754-5949
Rebecca@Kollaras.com
Copyright Business Wire 2006
Tuesday , December 27, 2005 11:26 ET
Holiday season jewelry sales fell (4.6%) after years of solid gains according to the Wall Street Journal. Shares of both online (JWLR -4%, ABZS -10%, DGSE, REDE, NILE) and brick and mortar (EILL, FNLY, TIF, SIG, ZLC) jewelry retailers and wholesalers are underperforming this morning with little in the way of company-specific news. The S&P Retail Index (RLX +0.1%) has now lost nearly all of its early session 0.6% gain.
(--) ABZS: Abazias Last week Knobias reported that Abazias.com raised $200,000 in a private placement of equity securities. Famalom, LLC and Abundance Partners, LP, a NY based Hedge fund, bought an anticipated maximum of 2.43 million restricted shares at or near market prices for a minimum of $0.07 a share. The agreement also include partial non-registered warrant coverage with various strike prices up to .20 cents.
+ CTHR: Charles & Colvard shares are modestly higher, after a pummeling last week on disappointing sales guidance.
Abazias.com Raises an Additional $200,000 in Funding
12/21/2005 9:00:03 AM
GAINESVILLE, Fla., Dec 21, 2005 (BUSINESS WIRE) -- Abazias.com (ABZS) is pleased to announce they have raised an additional $200,000 in private placement funding. The purchase with a private investment group including Famalom, LLC and Abundance Partners, LP a NY based Hedge fund, concluded at or near market prices for an anticipated maximum of 2.43 million restricted shares, however at no less than .07 cents a share. The agreement also include partial non-registered warrant coverage with various strike prices up to .20 cents.
Proceeds will be used to further implement Abazias' business plan, which includes but is not limited to a larger marketing budget to increase awareness of its current dominant status as the largest online site for loose diamonds. The proceeds will also allow Abazias to expand their online product offerings to include more jewelry and watches, including being the exclusive online seller of the Paris Hilton Limited Edition watches. CEO Oscar Rodriquez commented, "Clearly, our growth potential is evident to this investment group. With our increased diamond sales, strategic marketing alliances and phenomenal 4th quarter sales, this was a ripe opportunity for us to expand our wingspan in the marketplace." Rodriguez continues, "The prices are fair and with our current low burn rate these funds will truly go to expanding our business."
Abazias.com showcases over 70,000 diamonds, valued at over $350 million on its site at www.abazias.com. Most of Abazias.com's diamonds are GIA, AGS or EGL certified. Abazias.com offers the "Couples Diamond(R)" which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information about Abazias.com, visit the Company's website at www.abazias.com.
when the earnings come out this one will be a nice stock to be in.
ABZS, Diamonds are forever. We are going to see a jump in share price next couple days.
It came up on my scan, but the chart wont come up on stockcharts so I cant do a analysis.
ABZS, Any takers of what this stock will hit in the next 10 days?
ABZS is one of the leaders in the online diamonds business. Might do well to watch this stock.
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