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EMCO Finra deleted symbol:
http://otce.finra.org/DLDeletions
I'm new to this stock today. Bought in @ $10. Does anyone have any idea where this is going?
Does anyone know if the plan of starting production in August is still in the works?
This is the best thing that ever happened to EMCO. Can't wait till August when production gets started. Go EMCO Go!
SOUNDS LIKE A PRETTY EXCITING DAY.......
http://www.wsbt.com/news/business/44989202.html
Electric Motors Corporation (EMC) Receives First Indiana Incentives to Launch Electric Automotive Technology, Add Jobs in Elkhart County
WAKARUSA, Ind., May 14, 2009 (BUSINESS WIRE) -- With today's announcement of financial and civic support, Electric Motors Corporation (EMC) has taken a leadership role in bringing a public-private partnership to the State of Indiana uniquely designed to capitalize on the existing economic, physical, and human assets of the northern Indiana area.
Indiana Governor Mitch Daniels joined EMC CEO Wil Cashen in announcing the State of Indiana's offer to provide $4.6 million in tax credits and up to $200,000 in training grants based on the company's job creation plans. This is the State's first such grant under the state's incentive program to a company in the electric drive systems category.
This announcement comes on the heels of last night's joint resolution by the City of Nappanee and Town of Wakarusa to support EMC's plans for an electric vehicle industrial development park in Wakarusa and expanding to Nappanee. The joint resolution was passed at the first joint session in the history of the two municipalities.
Mr. Cashen and Governor Daniels were also joined today by executives from Gulf Stream Coach to announce EMC's partnership with Gulf Stream and their plan to launch electric vehicle production in the City of Nappanee. It is anticipated that the partnership will create more than 1,600 jobs in the area by 2012.
EMC, which develops and manufactures electric power drive systems for electric and hybrid vehicles, has partnered with RV manufacturer, Gulf Stream Coach, to produce a light-duty electric pickup truck. Together, the companies plan to invest in building renovations, machinery and equipment to site manufacturing facilities in Wakarusa and Nappanee.
These new electric pickup trucks use electric power drive technology that is clean, efficient, reliable and can be up-fitted into current vehicle models as well as future advanced technology electric plug-in and hybrid models.
EMC has sought funding through the U.S. Department of Energy's program which provides loans and grants to automobile and parts manufacturers for the cost of re-equipping, expanding or establishing manufacturing facilities in the United States to produce advanced technology vehicles or qualified components. The Indiana Economic Development Corporation and the Elkhart Economic Development Corporation provided support for the company's request.
"In an effort to execute on Governor Mitch Daniel's program of bringing the State of Indiana into the future of electric vehicle manufacturing as a major supply source, on a global basis, we at EMC applaud the two cities of Wakarusa and Nappanee, and Elkhart County, Indiana for having the vision to fight unemployment and build a future prosperity," said Wil Cashen, chief executive officer of Electric Motors Corporation. "Our participation in this effort should help accomplish the task of Indiana becoming a premier EV capital."
EMC, a Camarillo, Calif.,-based company which has operations in two states, plans to purchase a existing building in or around Wakarusa and hire associates to produce and assemble electric hybrid drive systems and truck chassis .
"We are thrilled to have the opportunity to showcase Elkhart County and the towns of Wakarusa and Nappanee in a new and more inventive light. Elkhart County, Indiana is re-energized by this new industry diversification. We anticipate the EV technologies that the EMC project represents will have a profound effect on our region," said Dorinda Heiden-Guss, president of the Economic Development Corporation Elkhart County.
For more information or interviews, contact: Ralph King, 805-357-3220 rking@emchq.com
About EMC: Electric Motors Corporation (EMC) develops and manufactures electric power drive systems for electric vehicles for EMC brand and other various manufacturer brand cars and light duty truck. EMC utilizes proprietary electric drive system technology and methodology of compounding motor-generators, EMC flex-fuel motors and energy control/management/storage systems to greatly reduce parasitic power train losses that significantly improve fuel efficiency and deliver cleaner emissions. EMC's power drive technology is clean, efficient, safe and reliable and simple to apply to vehicles produced currently and future electric plug-in and/or hybrid models. EMC electric power drive systems generate drive energy or charging energy that efficiently increases the vehicle total drive range for long distances. EMC's mission is to become the first independent company to mass-produce cost-competitive power-train systems for hybrid and electric vehicles and therefrom design, produce and sell company branded truck and car models internationally with superior performance and design advantage.
The company's corporate headquarters are located in Camarillo, California with research and development offices located in San Jose, California. All EMC issued press releases appear on EMC's website (http://www.emchq.com)). Any announcement that does not appear on the EMC website has not been issued by EMC.
For additional information, please contact Ralph King, Chief Communications Officer of EMC; rking@emchq.com; (805) 357-3220.
Special Note Regarding Forward-Looking Statements: Statements in this news release about anticipated or expected future revenue or growth or expressions of future goals or objectives, including statements regarding whether current plans to grow and strengthen the Company's existing business, are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements in this release are based upon information available to EMC on the date of this release. Any forward-looking statements involve risks and uncertainties, including the risk that EMC will be unable to grow or strengthen its business due to a lack of capital or an inability to identify acquisition candidates and that EMC may not realize anticipated cost savings or revenue growth opportunities associated with any acquisitions, planned or otherwise. Additionally, forward-looking statements concerning the performance of EMC's business are based on current market conditions and risks, which may change as the result of certain regulatory, competitive or economic events, as well as other risks and uncertainties, which could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
SOURCE: Electric Motors Corporation
Electric Motors Corporation
Ralph King, (805) 357-3220
rking@emchq.com
------------------------------
May 05, 2009
Electric Motors Corporation Announces Acquisition
CAMARILLO, Calif.--(BUSINESS WIRE)--Electric Motors Corporation, a Colorado corporation formerly known as Optimax Industries, Inc. (EMCO.PK), announced that it has acquired all of the issued and outstanding shares of stock of Electric Motors Corporation, a California corporation ("EMC"), a privately held company specializing in development and manufacture of electric power drive systems for electric and hybrid vehicles. Upon completion of the acquisition the Company's name was changed and its new trading symbol was assigned by the NASD. Trading of the Company's common stock will continue under the symbol EMCO.
EMC CEO Wil Cashen noted the company's excitement over the new opportunities presented by operating in a public platform. Cashen said, "As Electric Motors Corporation moves into the pre-assembly stage of its electric automobile drive train systems, the new corporate structure opens the door for a broader investor base. Investor interest in green energy in general and the electrification of automobiles in specific has never been higher." About EMC: Electric Motors Corporation (EMC) develops and manufactures electric power drive systems for electric vehicles for EMC brand and other various manufacturer brand cars and light duty trucks. EMC utilizes proprietary electric drive system technology and methodology of compounding motor-generators, EMC flex-fuel motors and energy control/management/storage systems to greatly reduce parasitic power train losses that significantly improve fuel efficiency and deliver cleaner emissions. EMC's power drive technology is clean, efficient, safe and reliable and simple to apply to vehicles produced currently and future electric plug-in and/or hybrid models. EMC electric power drive systems generate drive energy or charging energy that efficiently increases the vehicle total drive range for long distances. EMC's mission is to become the first independent company to mass-produce cost-competitive power-train systems for hybrid and electric vehicles and therefrom design, produce and sell company branded truck and car models internationally with superior performance and design advantage.
The company's corporate headquarters are located in Camarillo, California with research and development offices located in San Jose, California. All EMC issued press releases appear on EMC's website (http://www.emchq.com). Any announcement that does not appear on the EMC website has not been issued by EMC.
Same...sold my shares though...thought this was dead money but got 70% of my money back...not bad!
I'm guessing that this is their website http://www.emchq.com/
I have this from the OPMX days, what about you?
nothing but something must be up!
I have it - Nite bid is $5.00, Auto at $10.01
5.00 x 10.01 1x1, do you have any info on this stock and recent action?
someone have the L2 for this?
BioScrip Appoints Richard Smith as Chief Operating Officer
Nov 21, 2008 07:00:00 (ET)
ELMSFORD, N.Y., Nov 21, 2008 (BUSINESS WIRE) -- BioScrip, Inc. (BIOS, Trade ) today announced that Richard M. Smith, a leading healthcare executive, has been appointed as its President and Chief Operating Officer. Mr. Smith will report to Richard H. Friedman, BioScrip's Chairman and Chief Executive Officer, and will begin work on or before January 2, 2009, after a short transition period with his current employer.
Mr. Smith brings significant experience to BioScrip, including more than 14 years of increasingly senior positions at various public and private healthcare companies. Most recently, he was Chief Executive Officer (CEO) and Director of Byram Healthcare Centers, Inc., a provider of medical supplies and pharmacy items to long-term chronic patients. Previously, Mr. Smith was President and Chief Operating Officer of Option Care, Inc. (now part of Walgreens), a public home infusion and specialty pharmaceutical company, where his leadership contributed to consistent increases in revenue, market leadership, improved operating efficiencies and stronger cash flow generation. He also brought to Option Care a strong focus on the establishment of new specialty pharmacy and infusion clinical care programs. Mr. Smith also served as President and CEO and as a Director of Coram Healthcare where he successfully directed the establishment of Coram as a leader in infusion pharmacy and one of the early dedicated providers of specialty pharmacy services.
"Rick Smith is clearly a results-driven and entrepreneurial executive; we are pleased to have him join our senior management team," said Mr. Friedman. "His demonstrated track record of building specialty pharmacy programs, establishing clinical centers of excellence, driving market leadership, growing revenue and earnings, and increasing shareholder value will prove vital as BioScrip progresses to the next phase of its development."
About BioScrip, Inc.
BioScrip, Inc. ( www.bioscrip.com ) (BIOS, Trade ) is a specialty pharmaceutical healthcare organization that partners with patients, physicians, healthcare payors and pharmaceutical manufacturers to provide access to medications and management solutions to optimize outcomes for chronic and other complex healthcare conditions.
Forward Looking Statements
This press release may contain statements which constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the intent, belief or current expectations of the Company, its directors, or its officers with respect to the future operating performance of the Company. Investors are cautioned that any such forward looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward looking statements as a result of various factors. Important factors that could cause such differences are described in the Company's periodic filings with the Securities and Exchange Commission.
SOURCE: BioScrip, Inc.
In-Site Communications, Inc.
Lisa M. Wilson , 917-543-9932
lwilson@insitecony.com
What does this have to do with OPTN?
OPMX - Optimax Industries, Inc. Common Stock
Declaration Date:
-- Ex Date:
9/23/2008 Record Date:
-- Payment Date:
--
Dividend Type:
Reverse Split Dividend Amount:
1-150 R/S
Notes:
New symbol: OPTN
What happened here?
1 for 150 Reverse split coming here.
AMENDMENT TO THE ARTICLES OF INCORPORATION
OF
OPTIMAX INDUSTRIES, INC.
Pursuant to the provisions of Sections 7-90-301 et seq. and 7-110-106 of the Colorado
Business Corporation Act, the individual named below caused this Amendment to the Articles
of Incorporation to be delivered to the Colorado Secretary of State for filing, and states as
follows:
FIRST: The name of the Corporation is Optimax Industries, Inc.
SECOND: The Articles of Incorporation of the Corporation are hereby amended as
follows:
1. A reverse stock split in the ratio of 1-for-150 is hereby effected by
amending Article II by adding a new Section, designated as Section 3, which shall read as
follows:
Section 3. Reverse Stock Split. Immediately upon the filing date of
this Amendment (the “Effective Date”), each share of the Corporation’s
Common Stock, $0.001 par value, issued and outstanding immediately prior to
the Effective Date (the “Old Common Stock”) shall automatically and without
any action on the part of the holder thereof be reclassified as and changed,
pursuant to a reverse stock split (the “Reverse Stock Split”), into a fraction
thereof of 1/150 of a share of the corporation’s outstanding Common Stock,
$0.001 par value (the “New Common Stock”), subject to the treatment of
fractional share interests as described below. Each holder of a certificate or
certificates which immediately prior to the Effective Date represented
outstanding shares of Old Common Stock (the “Old Certificates”, whether one
or more) representing the number of whole shares of the New Common Stock
into which and for which the shares of the Old Common Stock formerly
represented by such Old Certificates so surrendered are reclassified under the
terms hereof. From and after the Effective Date, Old Certificates shall represent
only the right to receive New Certificates pursuant to the provisions hereof. No
certificates or scrip representing fractional share interests in New Common
Stock will be issued, and no such fractional share interest will entitle the holder
thereof to vote, or to any rights of a shareholder of the Corporation. Any
fraction of a share of New Common Stock to which the holder would otherwise
be entitled will be adjusted upward to the nearest whole share. If more than one
Old Certificate shall be surrendered at one time for the account of the same
Shareholder, the number of full shares of New Common Stock for which New
Certificates shall be issued shall be computed on the basis of the aggregate
number of shares represented by the Old Certificates so surrendered. In the
event that the Corporation’s Transfer Agent determines that a holder of Old
Certificates has not tendered all his certificates for exchange, the Transfer Agent
shall carry forward any fractional share until all certificates of the holder have
been presented for exchange such that payment for fractional shares to any one
person shall not exceed the values of one share. If any New Certificates is to be
issued in a name other than that in which the Old Certificates surrendered for
exchange are issued, the Old Certificates so surrendered shall be properly
endorsed and otherwise in proper form for transfer. From and after the
Effective Date, the amount of capital represented by the shares of the New
Common Stock into which and for which the shares of the Old Common Stock
are reclassified under the terms hereof shall be the same as the amount of capital
represented by the shares of Old Common Stock so reclassified, until thereafter
reduced of increased in accordance with applicable law.
2. Article X is hereby amended to read as follows:
The name and address of the individual who caused this document to be
delivered for filing, and to whom the Secretary of State may deliver notice if
the filing of this document is refused is: Keith A. Rosenbaum, SPECTRUM
LAW GROUP, LLP, 1900 Main Street, #125, Irvine, California, 92614.
I sure didn't forget. Just patiently waiting like you
=]
OPMX - how quickly we all forgot - I did not forget this stock, just waiting patiently $$$$$$$$
OPMX waiting...waiting, news will move this one as most traders don't like tying up money for too long.
I don't see us going much of anywhere until we get some news about the RM...
CARD and PWRC getting some action, this shell action seems to be rubbing off on us, OPMX is .01x.015 1x1 now
Thank you Rainmaker!
Will you please PM me your email? Thank You
A grand total of $350 was sold under .02, these deals take time to play out. You buy a little, tuck it away and wait for the deal to unfold.
0.01 10000 OTO 01/22
0.01 10000 OTO 01/22
0.015 5000 OTO 01/22
0.015 5000 OTO 01/22
0.02 10000 OTO 01/22
0.02 5000 OTO 01/18
0.025 5000 OTO 01/18
0.025 5000 OTO 01/18
0.025 20000 OTO 01/18
0.025 10000 OTO 01/17
0.0275 10000 OTO 01/17
0.028 10000 OTO 01/17
0.028 10000 OTO 01/17
0.025 6700 OTO 01/17
0.025 10000 OTO 01/17
0.033 150 OTO 01/17
0.025 10000 OTO 01/17
0.025 5000 OTO 01/17
0.025 2000 OTO 01/17
0.025 1500 OTO 01/17
0.025 1500 OTO 01/17
0.025 1500 OTO 01/17
0.025 3500 OTO 01/17
0.024 10000 OTO 01/17
0.024 5000 OTO 01/17
0.025 5000 OTO 01/17
0.029 500 OTO 01/17
0.03 5000 OTO 01/17
0.031 10000 OTO 01/17
0.03 10000 OTO 01/17
I don't see us going any lower. Wait until news is released. Just wait.
Have a nice night all
I wish I hadn't!
Hope you didn't LOL
Dont think it will go lower than this .01 is pretty much what most are in at or more might be a few shares under over the last year but very few
Yes, this is common, I'm not getting the warm fuzzies when I look at my account but oh well. Securities registration termination (15-12g), spike in price, pps fades back, rumors then announcement/news and hopefully a strong run. This is the usual process imo
What really pisses me off is I got a $45.00 parking ticket today, sh*t! lol
itll come back just give it time cant see it going below .01 Its already oversold
Was this just a big P&D? Seemed to spike on high volume and now it's dead...
Well at least the ask is UT even thought there are no trades, now 01 x 03
Gonna get quiet, I'm going for more at .02 if I can get them and if I have the money. Fridays suck anyway but here is when the waiting game begins. 207 million shares at .03 gives us a market cap of about 6.2 million. Any thoughts on this? I am keeping in mind that these are probably almost all restricted shares but unsure how all that figures in. Anybody have any thoughts on all this? tia
looks like the daytraders are getting out good time to pick some up
No, but Rainmaker said he was trying to get in touch with him.
Good Morning $$$
Good morning all!
Good morning. Anybody here today? lol
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