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ALUDRA INC ("YAD-V") - ITR Marketing Acquires Aludra Inc. Shares
ITR Marketing Inc. ("ITR"), of Hamilton Ontario, announces that on April 5, 2002 and April 11, 2002 ITR acquired ownership and control of approximately 1,650,000 common shares of Aludra Inc. ("Aludra" or the "Corporation") constituting approximately 12.3% of the issued and outstanding shares of Aludra. Gordon Novak, who resides with a principal shareholder of ITR holds 754,231 common shares of Aludra.
Pursuant to a Share Transfer Agreement, the founding shareholders of Aludra transferred 7,000,000 of 9,000,000 common shares originally issued to them to a management and financial group (the "Group") led by Harold Albrecht. The founding shareholders of Aludra transferred their shares for an aggregate consideration of One Dollar ($1.00) and for the forbearance of the outstanding security. As a result, ITR acquired ownership of 450,000 common shares of Aludra and with the remaining 6,550,000 common shares being acquired by the Group.
In addition, pursuant to a debt settlement agreement, ITR was issued 1,200,000 common shares of the Corporation at a price of $0.25 per share and Mr. Albrecht, a member of a the Group, was issued from treasury 300,000 common shares of Aludra at a price of $0.25 per common share to settle an outstanding debt. After this issuance, ITR holds 1,650,000 common shares of the Corporation and the Group holds 6,850,000 common shares of the Corporation.
Control of the Corporation was acquired. Prior to the transactions, neither ITR nor the Group held common shares in Aludra.
ITR and the Group hold in aggregate 8,500,000 common shares of Aludra or 63.4% of the issued and outstanding shares of Aludra.
The common shares were acquired pursuant to private agreements.
ITR and the Group only came together in order to acquire control of Aludra. ITR and the Group may acquire further securities of Aludra from time to time.
After this transaction, members of the Group may not act jointly with respect to the ownership and control of the Corporation.
A copy of the early warning report filed by ITR may be obtained by contacting Harold Albrecht at (905) 465-1856, Ext. 235. TEL: (905) 465-1856
Harold Albrecht, Ext. 235
Group
Harold Albrecht
Cool, shorting AMSN now. GT0
jim, no-one in their right mind would ever take anything you say seriously from here on out.
That I knew of course since I owned some of the stock.
What I don't know is what happened to the talented people they had or where they went.
CEO seemed like a nice honest guy, maybe not.
I didn't own much and turned down doing private placements with them.
Perhaps this will refresh your memory Jim?
Cease Trade Order
Aludra Inc.
Section 164 of the Securities Act, R.S.B.C. 1996, c. 418
Aludra Inc. is a reporting issuer and an exchange issuer, and has not filed:
1. an interim financial statement for the six month period ended November 30, 2002, as required under section 144(1) of the Securities Rules, B.C. Reg. 194/97 (the Rules), and
2. a quarterly report for the period ended November 30, 2002, as required under section 152 of the Rules, and
(the required records).
Under section 164(1) of the Act, The Executive Director orders that all trading in the securities of Aludra cease until:
1. it files the required records, and
2. the Executive Director, after considering that to do so would not be prejudicial to the public interest, makes an order under section 171 of the Act revoking this order.
http://www.bcsc.bc.ca/comdoc.nsf/comdoc.nsf/webpolicies/5EF10EDB0D27149B88256CCC00818F4D?OpenDocumen...
I'd forgotten that I'd even started it. Buncha talented guys, but stock went POOF off, no idea what's happened to them now.
hehe. playing with the new feature on profiles. seeing what boards the folks i respect have moderated.
what happened here?
YAD got some buy today at the ask, first time in a couple months I see a buy... hohum LOL
signed,
Bernard
Harold Albrecht Acquired Ownership And Control Of Approximately
4/17/02
ALUDRA INC. ("YAD-V") - Harold Albrecht Acquired Ownership And Control Of Approximately - 2,827,105 Common Shares of Aludra Inc.
Harold Albrecht, of Oakville Ontario, announces that on April 5, 2002 and April 11, 2002 he acquired ownership and control of approximately 2,827,105 common shares of Aludra Inc. ("Aludra" or the "Corporation") constituting approximately 21% of the issued and outstanding shares of Aludra.
Pursuant to a Share Transfer Agreement, the founding shareholders of Aludra transferred 7,000,000 of 9,000,000 common shares originally issued to them to a management and financial group (the "Group") led by Harold Albrecht. The founding shareholders of Aludra transferred their shares for an aggregate consideration of One Dollar ($1.00) and for the forbearance of the outstanding security. As a result, Harold Albrecht acquired ownership of 2,527,105 common shares of Aludra and with the remaining 4,472,895 common shares being acquired by the Group.
In addition, pursuant to a debt settlement agreement, Mr. Albrecht was issued from treasury 300,000 common shares of Aludra at a price of $0.25 per common share and ITR Marketing Inc., a member of the Group was also issued 1,200,000 common shares of the Corporation at a price of $0.25 per share to settle an outstanding debt. After this issuance, Harold Albrecht holds 2,827,105 common shares of the Corporation and the Group holds 5,672,895 common shares of the Corporation.
Control of the Corporation was acquired. Prior to the transactions, neither Harold Albrecht nor the Group held common shares in Aludra.
Harold Albrecht and the Group hold in aggregate 8,500,000 common shares of Aludra or 63.4% of the issued and outstanding shares of Aludra.
The common shares were acquired pursuant to private agreements. Harold Albrecht and the Group only came together in order to acquire control of Aludra. Harold Albrecht and the Group may acquire further securities of Aludra from time to time.
After this transaction, members of the Group may not act jointly with respect to the ownership and control of the Corporation TEL: (905) 465-1856, Ext. 235 Harold Albrecht
______________________________________
ITR Marketing Acquires Aludra Inc. Shares
4/17/02
ALUDRA INC ("YAD-V") - ITR Marketing Acquires Aludra Inc. Shares
ITR Marketing Inc. ("ITR"), of Hamilton Ontario, announces that on April 5, 2002 and April 11, 2002 ITR acquired ownership and control of approximately 1,650,000 common shares of Aludra Inc. ("Aludra" or the "Corporation") constituting approximately 12.3% of the issued and outstanding shares of Aludra. Gordon Novak, who resides with a principal shareholder of ITR holds 754,231 common shares of Aludra.
Pursuant to a Share Transfer Agreement, the founding shareholders of Aludra transferred 7,000,000 of 9,000,000 common shares originally issued to them to a management and financial group (the "Group") led by Harold Albrecht. The founding shareholders of Aludra transferred their shares for an aggregate consideration of One Dollar ($1.00) and for the forbearance of the outstanding security. As a result, ITR acquired ownership of 450,000 common shares of Aludra and with the remaining 6,550,000 common shares being acquired by the Group.
In addition, pursuant to a debt settlement agreement, ITR was issued 1,200,000 common shares of the Corporation at a price of $0.25 per share and Mr. Albrecht, a member of a the Group, was issued from treasury 300,000 common shares of Aludra at a price of $0.25 per common share to settle an outstanding debt. After this issuance, ITR holds 1,650,000 common shares of the Corporation and the Group holds 6,850,000 common shares of the Corporation.
Control of the Corporation was acquired. Prior to the transactions, neither ITR nor the Group held common shares in Aludra.
ITR and the Group hold in aggregate 8,500,000 common shares of Aludra or 63.4% of the issued and outstanding shares of Aludra.
The common shares were acquired pursuant to private agreements.
ITR and the Group only came together in order to acquire control of Aludra. ITR and the Group may acquire further securities of Aludra from time to time.
After this transaction, members of the Group may not act jointly with respect to the ownership and control of the Corporation.
A copy of the early warning report filed by ITR may be obtained by contacting Harold Albrecht at (905) 465-1856, Ext. 235. TEL: (905) 465-1856
Harold Albrecht, Ext. 235
Wouldn't be wise to jump ship now, you don't leave when things are in the best shape ever!
Can't wait... Aludra will start trading again tomorrow, 0.25 is the rock bottom price, coz' that was the price when it was in serious debt. Now, Aludra is nearly debt free + themindstore.com + Aludra RMS fully functional. Hope that no one will jump ship tomorrow, due to the "non-trading days" fear.
signed,
Bernard
http://www.mleap.com/backoffice/ owned by mindthestore; http://www.mindthestore.com/newcore/pressroom-03.htm
Mindthestore.com owned by Aludra now!
Aludra Inc.
http://www.aludra.com/index1.html
775 Pacific Road, Unit 31
Oakville, Ontario, Canada
L6L 6M4
Phone number: 905-465-1856
Fax number: 905-465-3385
Harold Albrecht (President/CEO)
E-MAIL: harolda@aludra.com Phone: 905-465-1856 ext 235
Faisal Nasir (Director, Information Technology)
E-MAIL: faisaln@aludra.com Phone: 905-465-1856 ext 234
Sales - John Glendinning
E-MAIL: johng@aludra.com Phone: 905-465-1856 ext 237
MindTheStore.com
http://www.mindthestore.com/
Contact Us
775 Pacific Road
Unit 31
Oakville, Ontario
Canada L6L 6M4
Telephone: 905.465.1856
FAX: 905.465.3385
email:info@mindthestore.com
Management Team
The Company's senior management team has a proven track record of success.
The management team includes:
Harold Albrecht - President & CEO
Faisal Nasir - Chief Technology Officer
Change of Control & Resumption of Trading
ALUDRA INC ("YAD-V") - Change of Control & Resumption of Trading
Aludra Inc. ("Aludra" or the "Corporation") is pleased to announce that major changes in its ownership, board, senior management, and financial structure have now been completed. CDNX has also advised the Corporation that it will be listed for trading again on April 18th, 2002.
CHANGE OF CONTROL
The founding shareholders of Aludra have transferred 7,000,000 of 9,000,000 common shares originally issued to them, to a management and financial group led by Harold Albrecht of Oakville, Ontario (the "Group").
Pursuant to a Share Transfer Agreement, the founding shareholders of Aludra transferred their shares for an aggregate consideration of $1.00 and for the forebearance of the outstanding security. As a result, the Group has ownership of 67% of the issued and outstanding shares of Aludra.
In addition, pursuant to a debt settlement agreement, Mr. Albrecht was issued from treasury 300,000 common shares of the Corporation at a price per common share of $0.25 and ITR Marketing Inc. of Hamilton, Ontario, was issued 1,200,000 common shares of the Corporation at a price per common share of $0.25 to settle an outstanding debt. See "Financial Structure" below for further details. Thus, after the shares issued from treasury to Harold Albrecht and ITR Marketing Inc., the Group holds 8,500,000 common shares or 63.38% of issued common shares of Aludra.
The common shares were acquired to obtain control of Aludra. Harold Albrecht and the Group may acquire further securities of the Corporation, from time to time.
Prior to these transactions the Group did not hold shares in the Corporation. A copy of the early warning report filed by the Group may be obtained by contacting the Corporation at the number below.
BOARD OF DIRECTORS
Aldo Baiocchi and Raymond Rabbani have resigned from Aludra's Board of Directors, and have been replaced by Harold Albrecht, Neil Douek and Bonnie Kuhn.
Harold Albrecht B. Comm., C.A., of Oakville, Ontario, has served in senior financial positions with two private entrepreneurial corporate groups and has founded or co-founded a number of start-up companies, one of which, Pinnacle Resources, was subject to a $1 billion takeover in 1998. Among other achievements, he signed the NHL franchise agreement on behalf of the Edmonton Oilers and has received a number of U.S. patents for new products he has developed. Mr. Albrecht has public practice experience with both PricewaterhouseCoopers and KPMG.
Neil Douek, of Nassau, Bahamas, is currently the managing partner of DKP Capital Management Inc. He previously held the position of Vice President and Director of Stanford Securities Corp., a Limited Market Dealer in Toronto. Mr. Douek has acted as a consultant to Telezone Corporation and Weniwen Technologies Limited (Hong Kong), as well as being an officer of American Express Bank, New York. Past and current Board of Director memberships include, DKP Capital Management Inc., Stanford Securities Corp., CITCO (Canada), Inc., PEG 97 Management Corporation, Thales Fund Management Inc., Northern Star Fund Management Inc., and other private companies. Mr. Douek attended McGill University.
Bonnie Kuhn, of Calgary, Alberta, is a lawyer with Field Atkinson Perraton LLP since June 2001. Prior thereto, she was a solicitor with the firm of Armstrong, Perkins Hudson (previously Ogilvie and Company, Barristers and Solicitors, Calgary, Alberta), from 1994 to 2001 and a partner since 1999. She is a member of the Law Society of Alberta and the Canadian Bar Association. Ms. Kuhn currently practices law in the areas of natural resources, corporate commercial and securities laws. Ms. Kuhn is also a Director, Chief Financial Officer and Secretary of Minera Andes Inc., a mineral exploration company. As well she is a director of Tajzha Ventures Ltd., an oil and gas exploration company.
SENIOR MANAGEMENT
Harold Albrecht has been appointed Chief Executive Officer and President by the Board. He was previously a consultant to the Corporation and instrumental in changing its strategy from being a very broad based digital services provider to focusing the Corporation's efforts exclusively on providing retail technology solutions.
Faisal Nasir has been appointed Chief Technology Officer. Mr. Nasir is a 10-year veteran in the IT industry and has more recently been involved in projects encompassing enterprise-wide Point Of Sale systems integration and development. Previously, he was Director of Information Technology at Hospitality Solutions International ("HSI"), a leading technology provider to the hospitality industry. At HSI, he was involved in several major implementations in Toronto, including the Air Canada Centre, the CN Tower and the Sheraton Centre. Mr. Nasir architected the Aludra RMS retail enterprise solution and was previously Director of Information Technology at Aludra.
FINANCIAL STRUCTURE
Aludra has significantly improved its working capital situation through the conversion of $757,750 of debt into 3,031,000 common shares and the extension of repayment terms on a further $140,000 of debt to January 1, 2005. The Corporation entered into a number of Debt Settlement Agreements with its creditors, including employees and its landlord, to settle debts owing by the issuance of common shares of the Corporation at a price of $0.25 per common share. The Corporation has 13,411,000 shares outstanding after the debt conversion.
In addition, Aludra has entered into an agreement to acquire all physical and intellectual assets formerly owned by MindTheStore.com Inc. from Proton Global Limited ("Proton"). The purchase price of $750,000 will be satisfied, subject to regulatory approval, by the issuance of 3,000,000 common shares of Aludra. Aludra has further agreed to grant to Proton 1,000,000 share purchase warrants of Aludra, each exercisable at a price of $0.25 per share for a period of five years.
The Corporation has also granted 1,175,000 stock options exercisable at a price of $0.25 per share to employees, board members, and advisory board members, subject to CDNX approval.
After all of the above transactions are completed, Aludra will have 16,411,000 shares outstanding (18,586,000 fully diluted).
REINSTATEMENT OF TRADING
The Canadian Venture Exchange Inc. has approved the reinstatement of trading of the Corporation's common shares effective April 18th, 2002. TEL: (905) 465-1856
Harold Albrecht, CEO at Ext. 235
______________________________________
ALUDRA INC ("YAD-V") - Proposed Major Corporate Changes
http://www.aludra.com
Aludra is pleased to announce the following proposed major changes in
its board, senior management, business focus and financial structure.
BOARD OF DIRECTORS
Aldo Baiocchi and Raymond Rabbani will be resigning from Aludra's
Board of Directors. Argirios Dimacopoulos resigned on December 1, 2001.
They will be replaced by Harold Albrecht, Neil Douek and Bonnie Kuhn. Mr.
Albrecht will be elected Chairman.
Harold Albrecht B. Comm., C.A., of Oakville, Ontario, has served in
senior financial positions with two private entrepreneurial corporate
groups and has founded or co-founded a number of start-up companies, one of
which, Pinnacle Resources, was subject to a $1 billion takeover in 1998.
Among other achievements, he signed the NHL franchise agreement on behalf
of the Edmonton Oilers and has received a number of U.S. patents for new
products he has developed. Mr. Albrecht has public practice experience
with both PricewaterhouseCoopers and KPMG.
Neil Douek, of Nassau, Bahamas, is currently the managing partner of
DKP Capital Management Inc. He previously held the position of Vice
President and Director of Stanford Securities Corp., a Limited Market
Dealer in Toronto. Mr. Douek has acted as a consultant to Telezone
Corporation and Weniwen Technologies Limited (Hong Kong), as well as being
an officer of American Express Bank, New York. Past and current Board of
Director memberships include, DKP Capital Management Inc., Stanford
Securities Corp., CITCO (Canada), Inc., PEG 97 Management Corporation,
Thales Fund Management Inc., Northern Star Fund Management Inc., and other
private companies. Mr. Douek attended McGill University.
Bonnie Kuhn, of Calgary, Alberta, is a lawyer with Field Atkinson
Perraton LLP since June 2001. Prior thereto, she was a solicitor with the
firm of Armstrong, Perkins Hudson (previously Ogilvie and Company,
Barristers and Solicitors, Calgary, Alberta), from 1994 to 2001 and a
partner since 1999. She is a member of the Law Society of Alberta and the
Canadian Bar Association. Ms. Kuhn currently practices law in the areas of
natural resources, corporate commercial and securities laws. Ms. Kuhn is
also a Director, Chief Financial Officer and Secretary of Minera Andes
Inc., a mineral exploration company. As well she is a director of Tajzha
Ventures Ltd., an oil and gas exploration company. She attended the
University of Manitoba.
SENIOR MANAGEMENT
Harold Albrecht will be appointed Chief Executive Officer and
President by the Board. He is currently a consultant to the Corporation
and has been instrumental in changing its strategy from being a very broad
based digital services provider to focusing the Corporation's efforts
exclusively on providing retail technology solutions.
Cliff Jones will be appointed Chief Operating Officer. He was
previously the President of Sweda Canada Inc., a private company that is
the largest Point-of-Sale dealer within the Grocery and Hospitality
Industries in Canada. In his two-year tenure with Sweda Canada, he was
responsible for restructuring the company and establishing new markets,
resulting in improved sales margins and growth. Prior to Sweda, he held
executive positions with NCR in Europe and Canada, with a particular focus
on sales and professional services. Cliff's qualifications include Honours
B.Sc and MBA degrees.
BUSINESS FOCUS
Aludra was incorporated on June 24, 1997 and began operations as a
full-service graphic design and multimedia firm. It expanded its services
to include media solutions for Internet applications in 1998. Clients
included AOL, Mattel, Paramount, Activision, ADP, TD Waterhouse, Toronto
Maple Leafs, Headline Sports Cable Channel and Tridel. Aludra went public
in August of 2000.
i) Aludra ProPOS
In January of 2000, The Beauty Supply Outlet ("BSO"), a 30-store
retail franchise chain founded in 1993, commissioned Aludra to design a
point of sale software solution because they were unhappy with their
existing system and were not impressed with other available solutions.
Aludra's initial solution, called ProPOS was first deployed at BSO in
October of 2000.
ii) Aludra RMS
This initial exposure to the retail industry caused Aludra to take
note of the opportunity that existed in taking an enterprise resource
planning approach to store systems. In November of 2000, the decision was
made to move forward with the development of an integrated retail solution
utilizing the latest technology. Faisal Nasir, previously Director of
Information Technology at Hospitality Solutions International, joined
Aludra in January 2001 with a team of developers who were given the mandate
to develop this product. Further substantial resources were added to the
project in August 2001. This enterprise retail solution, called Aludra
RMS, was released on February 1, 2002. Development costs to that date were
approximately $1 million.
On February 11, 2002, Aludra entered into an agreement with BSO that
calls for the installation of Aludra RMS at all BSO outlets after a
successful 90-day trial at three of its existing stores. Although Aludra
has agreed to provide its RMS software solution at no cost to the first 100
BSO stores, the Corporation expects to earn between $100,000 and $150,000
in revenues from this contract over the next 12 months from staging,
set-up, support, installation and training revenues. BSO is receiving the
first 100 licenses at no cost in return for functioning as a test and
reference site for the Aludra RMS product. The current market price for
these licenses is $3,000 for the first license and $1,500 for each
additional license required per retail outlet.
Aludra intends to begin distributing its RMS software through dealers
after the successful completion of the 90-day trial at BSO and plans to
attend a Retail System Dealer Show in Las Vegas in August, 2002. The
Corporation also intends to attend the Retail Systems 2002 Conference &
Exposition in Chicago in June, 2002. This show attracts retailers who are
looking for point of sale and other retail management solutions.
Aludra RMS modules immediately available include Point of Sale, full
inventory management at store and chain level, purchasing and supplier
management, labour scheduling, customer loyalty and contact management, and
full data base analysis and reporting facilities. Integrated accounting
and E-commerce support are also available. Information can be accessed
in-store, from Head Office, from any remote Internet location, or from any
device with built in WAP (Wireless Application Protocol) such as a RIM
Blackberry, Palm Pilot or mobile phone.
Single store retailers, or retail chains, requiring a powerful and
flexible system to allow the tracking of inventories, full margin and
profit analysis, fully integrated customer history, tracking loyalty and
management, as well as reporting at store or head office level, will be
able to utilize the features within the Aludra RMS suite.
Aludra is also pleased to announce a joint agreement with RBA Inc., of
Montreal, Quebec. Under this agreement RBA, with 36 centers across Canada,
will provide comprehensive on site service and support to Aludra customers
across Canada.
FINANCIAL STRUCTURE
Aludra will significantly improve its working capital situation
through the conversion of $894,250 of debt into 3,577,000 common shares and
the extension of repayment terms on a further $140,000 in debt to January
1, 2005. The common shares issuable on conversion of the debt will be
subject to a 12-month hold and are therefore not tradeable until March 1,
2003. The Corporation will have 13,957,000 shares outstanding after the
debt conversion.
The Corporation has also reached an agreement to terminate its lease
at 1 Woodborough Avenue, Toronto, Ontario, effective December 31, 2001,
resulting in cost savings of over $120,000 annually. Discussions are also
underway concerning the restructuring or elimination of approximately
$150,000 in total equipment lease obligations.
In addition, approximately $75,000 due to Mr. Baiocchi pursuant to
loans he made to the Corporation has been forgiven, thereby reducing the
amount payable to him to $54,000. Monthly payments of $4,500 are scheduled
to commence on April 1, 2002.
REINSTATEMENT OF TRADING
The Corporation is currently working with the Canadian Venture
Exchange Inc. on the reinstatement of trading of the Corporation's common
shares which management expects to occur by the beginning of March.
TEL: (905) 465-1856 x 135 Aldo Baiocchi, Chairman
Harold Albrecht, Consultant
______________________________________
___________________________________________________________________
(c) Market News Publishing Inc. Tel:(604) 689-1101
All rights reserved. Fax:(604) 689-1106
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.
020225MW+2+000433
Should be trading again soon,
OSC - Re: Aludra Inc.
TORONTO, Feb. 15 /CNW/ - The Filing Default Having Been Remedied, The Above Cease Trading Order(s) Have Been Allowed To Lapse/Expire As of February 15, 2002.
Aludra Inc.
775 Pacific Road, Unit 31
Oakville, Ontario, Canada
L6L 6M4
Phone number: 905-465-1856
Fax number: 905-465-3385
Harold Albrecht (President/CEO)
E-MAIL: harold@aludra.com Phone: 905-465-1856 ext 235
Cliff Jones (Chief Operating Officer/CEO)
E-MAIL: cliffj@aludra.com Phone: 905-465-1856 ext 234
Sales - John Glendinning
E-MAIL: johng@aludra.com Phone: 905-465-1856 ext 237
Aludra Inc - News Release
Aludra explains filing statement default
Aludra Inc YAD
Shares issued 17,862,996 Sep 19 2001 close $.250
Thursday Jan 31 2002 News Release
Mr. Aldo Baiocchi reports
DEFAULT ANNOUNCEMENT OF ALUDRA INC. ("ALUDRA") PURSUANT TO ON ...
Aludra has not filed its quarterly financial statements for the period started Aug. 1, 2001, and ended Nov. 30, 2001. Aludra was required to file these financials by Jan. 29, 2002. Aludra anticipates that it will be in a position to file its interim financial statements for the quarter ended Nov. 30, 2001, by Feb. 28, 2002.
The reasons for Aludra's failure to file its financial statements for the quarter ended Nov. 30, 2001, are as follows:
Aludra is experiencing a change of management and board control that is expected to be completed within 14 days. The new management will require additional time to conduct a thorough review before presenting financial statements to shareholders and the Ontario Securities Commission.
Material transactions, including the conversion of $750,000 of debt into equity, have occurred postperiod that will require inclusion but are currently subject to pending regulatory approval by the Canadian Venture Exchange.
In light of the above Aludra requires additional time to prepare and finalize its interim financial statements and will remedy the default prior to the date identified above.
Aludra acknowledges that the two-month date following default is March 30, 2002, and that OSC may impose an issuer cease trade order if the default is not remedied by that time.
Aludra will take steps to satisfy the provisions of the alternate information guidelines under the policy for so long as it remains in default of the financial statement filing requirement.
(c) Copyright 2002 Canjex Publishing Ltd. http://www.canada-stockwatch.com
http://quote.stockwatch.com/sw/qqnews.dbm?bid=Z-YAD-200-20020201&symbol=YAD
Aludra is just in the middle of a change of control. Once this is completed, there will be numerous announcements.
Expected to be trading again within a couple of weeks.
Please note the new contact info. below.
All the filings are up to date too,
http://www.sedar.com/command_servlet?cmd=DisplayCompanyDocuments&issuerNo=00014606&lang=EN
Aludra Inc.
775 Pacific Road, Unit 31
Oakville, ON L6L 6M4
http://www.aludra.com
905-465-1856
Hi Tom, e-commerce is here to stay, but depends on the sectors... for instance, there are a lot of companies who are doing some kind of online payment service or technologies, but I don't think all of them can stay. Major consolidation in all e-commerce sector is needed. Most likely the big boys can stay, though small companies might have a better solutions, these big boys can always do a copy cat... for example PayPal is the most original service, but then you got BillPoint as a copy cat by eBay and some others too... small companies can survive by taking the leads, however, if the big boys are as agressive as M$, they can crush the small companies by embracing and extending the technologies. At the end, the small companies have to keep innovating, or keep a strong leads in terms of customer based to stay alive.
B2B, B2C, B2G, they are all here to stay, but only a handful of companies will stay... doing e-commerce infrastructure is always better than just pure service play. Your question is too broad... that's all I can think of for now. Or you want to know my thought on Aludra?
Hope this helps.
signed,
Bernard
Do you think that e-commerce stocks can make a come back in additional commerce sectors? B2B for instance.
Aludra plans placement; strengthens management team
Aludra Inc
YAD
Shares issued 10,300,000
May 11 2001 close $.200
May 25 2001 5:41:29
Mr. Aldo Baiocchi reports
Subject to regulatory approval, Aludra has agreed to a non-brokered private
placement to raise a minimum of $250,000 and a maximum of $1-million. Pursuant
to an offering memorandum, the corporation will offer a minimum of one million
common shares and a maximum of four million common shares at 25 cents per
common share.
The proceeds from the private placement will be used to complete the development
of the next generation of Aludra POS, the corporation's point-of-sale software
solution for small- to high-volume retail and specialty merchandising businesses, to
hire sales and marketing professionals to implement a strategy for marketing the
corporation's e-commerce, business management and POS software solutions, and
for general working capital purposes.
In other developments, Aludra has strengthened its management team and advisory
board with the appointments of Harold Albrecht as vice-president, finance; Melody
Syme as vice-president, sales/marketing; and Cliff Jones to the advisory board.
Mr. Albrecht, BComm, CA, has served in senior financial positions with two private
entrepreneurial corporate groups and has founded or co-founded a number of
start-up companies, one of which, Pinnacle Resources, was subject to a $1-billion
takeover in 1998. Among other achievements, he signed the NHL franchise
agreement on behalf of the Edmonton Oilers and has received a number of United
States patents for new products he has developed. Mr. Albrecht has public practice
experience with both PricewaterhouseCoopers and KPMG.
Ms. Syme, BComm, brings to Aludra an extensive and diverse background in
business development, solution selling and leading information switching technology,
for the CRM, POS/ATM, e-payment and e-commerce industries. Her other
intelligences include the business-to-business/business-to-consumer retail sector,
agreement/channel/VAR development and wireless communications. Previously,
she was the business development manager at e-Smart Direct Services
Inc./e-Smart Commerce Inc., where she was in charge of national retail sales and
initial agreement development with the following companies which sell POS debit
machines to large retailers: Verifone, IVI Checkmate, Hypercom and Tillsmith
Systems. In the hardware/software industry, she built partnerships with Softtracks,
IBM and NCR.
Mr. Jones was previously the president of Sweda Canada Inc., a private company
that is the largest POS dealer within the grocery and hospitality industries in
Canada. In his two-year tenure with Sweda Canada, he was responsible for
restructuring the company and establishing new markets, resulting in improved sales
margin and growth. Previously, he held executive positions with NCR and Choreo
Systems.
(c) Copyright 2001 Canjex Publishing Ltd. http://www.canada-stockwatch.com
signed,
Bernard
Appreciated for your insight, Lola. EOM
signed,
Bernard
all shorts can be viewed twice a month
I think that information is pretty useless since the information available is provided by the brokers and Canadian brokers are known for not reporting their shorts correctly. I've done alot of research into that by looking at the best available sources for short information on Canadian stocks. Being able to find correct short information on a Canadian stock is the exception rather than the rule.
Lola:)
YAD.V News: Hall Train selects Aludra to design and build Web site
Aludra Inc
YAD
Shares issued 10,300,000
Mar 1 2001 close $.900
Mar 7 2001 12:21:16
Mr. Johnny Irish reports
Hall Train Entertainment's wholly owned subsidiary, GPSMAX Inc., has selected
Aludra to design and build its next generation Web site for location-based content
and services. This new site will act as a home base for wireless device users and an
avenue for non-wireless users to gain access to the same location-based content
and services as their wireless counterparts. This mobile Internet platform will offer
content and services such as location relevant business directories, emergency
services and mobile commerce.
GPSMAX is pleased to have Aludra as its strategic partner drawing upon their
experience in e-commerce and Web site development to bring together and deliver
WAP (wireless application protocol)-based location services. "This demonstrates
our shared vision of the importance of personalized wireless applications and
customers will enjoy exciting new services that were not possible a short time ago,"
stated Aldo Baiocchi, president and chief executive officer of Aludra. "We believe
that this will be a major breakthrough for users of the wireless Internet and the best
case to date as to why consumers will consider purchasing Internet-enabled devices
such as cellular phones, personal data assistants and pagers," added Corrado Licini,
vice-president of operations, GPSMAX Inc.
This state-of-the-art platform takes value-added services to a whole new level by
maximizing customer convenience. Mobile users will be able to search for various
destinations and receive directions based on their current or intended location in real
time. The new GPSMAX site is anticipated to launch in the very near future and
will place the company in a position to lead this emerging industry.
New research indicates that by 2004, 95 per cent of digital cellphone users will have
access to wireless data and Internet services. With the proliferation of new wireless
information services, analyst projections indicate that wireless phone subscribers will
nearly triple to 20.1 million by 2004 from seven million in 2000.
About GPSMAX
GPSMAX Inc. is a wireless applications service provider (WASP) specializing in
the delivery of fully integrated location-based solutions that link mobile device users
to a wide range of "on-the-go" content and services. These services will be
delivered relevant to the user's current or intended destination, with access available
anywhere, any time. The GPSMAX solution is a marriage of global positioning
technology (GPS), wireless technology (WAP) and digitalized mapping technology
(GIS) all seamlessly integrated with a wide range of content and services.
signed,
Bernard
Just an update to the earlier post, I got the correct info from
http://www.stockhouse.com/bullboards/viewmessage.asp?no=3225642&t=0&TableID=0
The event that is taking place on March 27 is actually the Software Solutions 2001 + e-Business World tradeshow at the
Toronto Congress Centre. Aludra Inc. will be showing its new version of Aludra POS at booth #103.
signed,
Bernard
New Version of Aludra POS
On March 27th, YAD will show off the new version of Aludra POS, one of the best POS system in North America, probably one the best in the world. It's an open house... I think everyone is welcome. In a downturn market, software that can streamline the efficientcy so companies can cut jobs = cash cow.
signed,
Bernard
The Beauty Supply Outlet Selects Aludra To Implement Point-of-Sale Solution
Faisal Nasir Appointed as Director of POS
Toronto, Feb. 05 / BCE Emergis / - Aludra Inc. (CDNX: YAD), the Technology & Imagination Company announced today the signing of an agreement to provide more than 25 retail locations of The Beauty Supply Outlet with an integrated Point-of-Sale (POS) solution. This agreement provides for the implementation of Aludra's POS software to be installed throughout The Beauty Supply Outlet retail chain, and includes Aludra's back office solution for intra-network chain management at its corporate headquarters.
Aludra POS is an SQL-based, Web-enabled business software solution that runs on either Microsoft's 32-bit Windows platform or Linux-based systems. This business software caters primarily to the general merchandise and specialty retail industry. Aludra POS incorporates both central control and real-time transaction processing and provides the ability to manage high-volume operations. Aludra POS is integrated with Aludra's e-Suite applications - a collection of cutting-edge B2B technology solutions featuring innovative wireless concepts in both front-office and back-office applications.
"We chose Aludra's POS solution over the competition because of its real-time, customizable, back-office support and centralized control features," said Monty Koffman, Founder and President of The Beauty Supply Outlet. "Aludra's POS solution will provide the real-time information that we require in order to perform the type of detailed analysis that is critical to the success of our retail operation."
In a related development, Aludra is pleased to announce the appointment of Faisal Nasir as Director of POS. Faisal is a 10-year veteran in the IT industry and has more recently been involved in projects encompassing enterprise-wide POS systems integration and development. Prior to Aludra, Faisal was Director of Information Technology at Hospitality Solutions International, a leading technology provider to the hospitality industry. In his new position, Faisal will be responsible for the strategic planning, development and delivery of all POS-related endeavors.
"I am thrilled to be a part of this next-generation POS endeavor," Faisal said. "Most POS solutions are entrenched within technologies that have far surpassed their usefulness. This is not the case with Aludra's POS solution. Our system features security and scalability in a real-time automated point-of-sale transaction system, and extends this functionality across all the retail spectrums including inventory management and data-ware-housing. This is one of the first POS systems to be fully integrated with e-commerce and accounting, all accessible via WAP technology."
About The Beauty Supply Outlet
Founded in 1993, The Beauty Supply Outlet is a private company offering an extensive selection of professional salon hair care products as well as hair coloring, perms, nail care, wax, bath, body care, and accessories. The Beauty Supply Outlet has grown from a single store location in Richmond Hill, Ontario, to become a leader in the Business of Hair and Beauty Supply Needs with over 25 locations throughout Southern Ontario.
About Aludra
Aludra Inc. is a Toronto-based Technology and Imagination Company that helps bring businesses to the Internet Age. As a Business Solutions Provider, Aludra delivers a comprehensive range of business software and integration services using emerging technologies that create value for its clients. The Company's flagship product, Aludra e-Suite, version 2.0, is a modular suite of Web-based applications that provides an integrated approach to e-Commerce, Accounting, Contact Management, POS and various other Back Office functions - all in real time and WAP-enabled. Aludra's technology platform enables clients to take full advantage of EB3 - Third Generation e-Business - where all software integration becomes seamless.
For further information, please refer to Aludra's web site at www.aludra.com or contact Aldo Baiocchi, Aludra CEO and President, at (416) 658-0034 ext.103, e-mail: ab@aludra.com, or Investor Relations at (416) 656-7640 ext.114.
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
signed,
Bernard
My YAD Insight
YAD's recent spread has become bigger and bigger recently. Talked to the company lately, the IPO rush sellers have been disappointing the company and causing the price depression whenever we have exciting news. As most of the shares are holding in friendly hands, it's possible that we've reached a stage that most "looking for a quick buck" people have gone. The Accord Software deal indicates the reasonable minimum stock price should be $1.5. The big spread might probably indicate the lack of interest to the company, as well as the liquidity of the stock.
Aludra's e-Suite is what the company is focusing on, this Suite can be expanded according to the needs. Clients can subscribe to different components of the software. With the help of e-Suite, Aludra can gain a foot hold to the other Internet business around the client, like web-hosting, advertising, webdesign, etc. The POS part of the Suite and the total WAP capability helps Aludra to differentiate itself from others competitors. The target clients of the POS are mainly the retail sectors with more than 1 stores, so they can sync their inventories. Another benefit of the e-Suite is that it's all built from scratch, so whenever the customers want any special customization, Aludra can fulfill the clients' needs on the fly.
The recently appointment of Advisory Board, Binns, is also helping Aludra to increase the sales. In fact, Aludra is now hiring sales people to sell the e-Suite. This is a product that will help spreading the Aludra virus to the small and medium business. Right now, Aludra is focusing on the Ontario business, and will expand to other North America districts later.
There are some other very very exciting developments, I suggest all interesting people to check out the website at http://www.aludra.com , make sure you have Flash V5.0 to view the flash version of the website, else you're going to run into some errors.
Please do yourself a favor to check out their ventures and investments, besides the Internet services, e-Suite, TV advertisment production, etc, these ventures should also give YAD a boost to their earnings.
At $1.1, YAD is a steal, a money making company since inception with a growth of over 300% last year.
If you have any question about YAD, please call the company or leave me a message here, I will try to answer your questions. I don't work for the company, but I do have some shares
signed,
Bernard
Aludra's website has a new look, check it out! Way more professional than before, but some of the links still don't work...
signed,
Bernard
YAD.V News, Aludra Expands Aludra e-Suite with Purchase of Comprehensive Accounting Package
Tuesday January 9, 9:57 am Eastern Time
Press Release
SOURCE: Aludra Inc.
via BCE Emergis e-News Services
Aludra Expands Aludra e-Suite with Purchase of
Comprehensive Accounting Package
Toronto, Ontario
Provides Cost-Effective Business Management Solution to Fully
Address Back-Office Needs
Aludra Inc. (CDNX: YAD) today announced that it has purchased from Accord Software Inc. the source code and exclusive
rights to modify, improve and market Accord 2000 Business Application Software. The purchase of this accounting software
system was accomplished for $25,000 in cash and 84,000 shares of Aludra common stock valued at $1.50 per share in an
arms-length transaction, which is subject to regulatory approval. This advanced Web-based accounting system is a fully
integrated enterprise-wide solution that provides customizable enterprise resource modules, such as general ledger, accounts
receivable and accounts payable. Accord was chosen after an extensive review of several Window-based accounting
software applications on the market. The Accord 2000 package was selected because of its rich feature set, and extensive
enterprise-level / multi-user functionality that, once incorporated into Aludra's e-Suite can be delivered at a fraction of the cost
of competing business management solutions for the same market.
According to Forrester Research, Canadian companies will spend $1.8 billion on integration products and services during
2001 and that figure is expected to grow to $9.1 billion by 2004. Further, integration projects comprise 30% of information
technology development budgets.
Accord's Integrated Accounting is available in three distinct modules:
* General Ledger - providing organizations with sophisticated
financial reporting and sound accounting procedures.
* Accounts Payable - that tracks vendor's activity and all
transactions that affect accounts payable balance.
* Accounts Receivable - allows tracking of customer sales activity
and payment behavior.
A further module, Human Resources/Payroll is currently under development and will round-out Aludra's comprehensive
accounting package. Accord 2000 will easily integrate with Aludra's e-Suite and will include new feature enhancements, such
as multiple channels, including WAP compliance - that will facilitate workforce interaction as the accounting package is to be
fully integrated with wireless business applications capability that enables mobile workers access to real-time, round-the-clock
remote access involving corporate data and e-mail via hand-held computers and cellular phones.
Aldo Baiocchi, President and CEO of Aludra had this to say, ``We want to offer the most comprehensive and flexible suite of
integrated business management and e-Business solutions and believe that our new model of business communications will in
fact lead the market. Once Accord 2000 is fully integrated into Aludra's e-Suite, managers will have WAP-enabled 24/7
remote access to all aspects of their business process. Imagine, you can be on the road and check on any aspect of your
companies operation. We are among the first companies to offer an e-Business platform that includes Accounting, POS and
e-Commerce all fully integrated and WAP compliant.''
Tony De Feo, President of Accord Inc. added, ``We are pleased to provide Aludra with a robust accounting solution and
look forward to our new partnership with Aludra and will actively promote their e-Suite platform as a value-added reseller
(VAR). We are excited to see our accounting software taken to a new level of integrated functionality. Once seamlessly
incorporated into Aludra's e-Suite, Accord 2000 will take full advantage of the functions, features and flexibility of this
leading-edge platform and help set the standard in this market.''
About Aludra: Aludra Inc. is a Toronto-based Technology and Imagination Company that is ranked among Canada's Top 50
Fastest Growing Start-up Companies as published by PROFIT, The Magazine for Canadian Entrepreneurs. As a
leading-edge e-Business solutions provider, Aludra delivers a broad range of fully integrated software products and services
using new and emerging technologies that create value to its client base. The Company has earned numerous citations and
awards for design and innovation excellence and is well known for its digital animation, flexible programming technology,
customer support and its flagship product, Aludra E-Suite, version 1.1. This modular suite of integrated, Web-based products
provides multiple points of information access, transaction tools, fully integrated accounting, Point-of-Sale (POS), file sharing,
contact management, quote/RFP generator, chat rooms/news group/message boards and a host of additional applications.
Aludra combines this full-service suite with implementation services and strategic alliances to enable client companies to
leverage the reach and efficiency of the Internet to enhance their competitive market position.
About Accord: Founded in 1985, Accord Software Inc. is a privately held company that develops industry-specific Business
Application Software. Accord has been a provider of information technology solutions to the wholesale distribution,
construction, hospitality, and logistics industry for well over a decade. The Company has built a reputation for excellence
through a combination of innovative solutions, flexible and easy-to-use technologies, and outstanding customer support.
For further information, please refer to Aludra's web site at www.aludra.com or contact Aldo Baiocchi, Aludra CEO and
President, at (416) 658-0034 ext.103, e-mail: ab@aludra.com, or Investor Relations at (416) 656-7640 ext.114.
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this
release.
SOURCE: Aludra Inc.
signed,
Bernard
Wow, Aludra is bringing in the big guns to join their team. Looking good.
News Today !!
ALUDRA Strengthens Global Business Development with Key Appointment of Robert Binns as Chairman of the Advisory Board
http://biz.yahoo.com/bw/001122/aludra.html
SSP
No naked shorting is allowed, all shorts can be viewed twice a month... they can't get away, especially when they want to cover at a lower price, there is someone out there to make the bid higher, and the shorters really have to ut the bid to cover their shorts... I'm watching this game to unfold LOL.
signed,
Bernard
Thanks for the promotion, Jim I'm da Mr. Director! EOM
signed,
Bernard
Now I have some Matt, not a ton, 800 at 1.36 and 900 at 1.40.
LOL Matt, I was discriminated against, for living in the best province in Canada. Ah well, they can have their snow and cold in the east.........I'll drown in the rain out here.
Hi Matt, well I think some of the boys had bigger bucks in their eyes for the first day or two, but we have to remember, this is Canadian. It'll be fine IMO, they are making money, and should continue to grow.
Cool Aludra ranked #47 and that's without updated financial numbers.
http://www.profitguide.com/hottest/CHS_comp.asp?Rank=47
Yes - as the word gets out, this company stock will do great!!!
It's restricted to Ontario residence only... I went to Toronto for vacation during the summer, so I got in... Jim is living in Vancouver, so he doesn't have any... oops.
signed,
Bernard
Jimbo is CDN and he didn't pick some up???
What the heck!
FM
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