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ATGN is a softeware svcs company whose share price has completed a VERY LONG quiet base and whose shares are now in VERY STRONG hands... the share holders and insiders are not about to sell cheap.... April's earnings release will be positive and July's and November's earn. release will be sensational !... mark my words.
THe share price is inching upwards early in anticipation... I would expect large sudden spikes upwards in late July and November... the share price will also hit a new 52 week high at .32 cents...if the spikes begin at .50 , they will go to over one dollar. Now is the time to start taking in a line of this stock
From the Yahoo message board
ATGN prospects !
Listen to the Conference Call......
http://www.investorcalendar.com/console/174932/187945
although the bottom line doesnt show it yet..this is a high growth operation....at present doubling it's subscriber base every five quarters and this growth soon to accelerate more with the new Microsoft compliance..also the transference from a hardware to software base is almost completed and different over time subscription payments will finally produce a lean and mean, high growth company that will attract a lot of attention this time next year. Now, is the time to take a position for pennies a share that will be dollars a share over the coming years!
Listen to the Conference Call......
http://www.investorcalendar.com/console/174932/187945
although the bottom line doesnt show it yet..this is a high growth operation.
AltiGen Extends Capabilities of Skype for Business and Office 365 With Affordable, All-in-One, Multimedia Contact Center
....................
http://www.marketwatch.com/story/altigen-extends-capabilities-of-skype-for-business-and-office-365-with-affordable-all-in-one-multimedia-contact-center-2016-03-15?siteid=nbsh
Everything seems to be going well with the new business plan.. no losses in quarterly reports for the past year..that's something we haven't seen for quite a while...technical aspects of the stock's price chart also is looking much higher... if/when we get thru .32 cents here, we should go immediately higher... I've been slowly accumulating a position in this stock for the past couple of years..anything bought here should stay in the green .. it's nice to be in a penny stock with these business fundamentals and almost zero punishment of stock price in the forseeable future..
What became of Michael Brodsky ??
The board member voted in by shareholders to increase shareholder value in the company ? He seems to have just disappeared without a word. I have written the comapany several times asking about him and never received any reply at all. Can anyone help shed light on this ? thanks
By my own figuring, ATGN has a few years of fun ahead of it for us... this is a long term hold
slow and steady ATGN ...see ya at 70 cents!! Doesn't get any better!
yep ..its going big
My guess is that the fun has barely gotten started here!
CHART Says 70 cents next week..the best chart fundy play out there!!
jeremiah J. Fleming, Chairman, President and Chief Executive Officer of AltiGen, stated, "We are pleased to report a solid first quarter which was the most profitable quarter in the company's history. The financial results are a direct result of executing on our strategic initiatives, growing sales and managing expenses to drive improved operational performance."
There is no better weekly chart matched with a real company with this...First Quarter 2015 Financial Highlights
Net income for the first quarter of fiscal 2015 was a record $420,000, or $0.02 per share, an increase of 336% on a year-over-year basis
Total revenue increased 7% sequentially and 9% year-over-year to $2.6 million
Gross margin improved to 80% compared to 72% in the same period in 2014
Cash increased $257,000 to $4.1 million from $3.8 million in the preceding quarter
Operation expenses decreased $235,000, or 12% for the quarter, compared to the same period in 2014
http://stockcharts.com/h-sc/ui?s=ATGN&p=W&yr=5&mn=0&dy=0&id=p65634506982
ATGN action looks lo break out here...explosive weekly chart..
dead board ..like that...nite at 40 cents...sweet SS
Market Value1 $3,764,704 a/o Dec 03, 2012
Shares Outstanding 16,732,016 a/o Jun 30, 2012
Float 11,070,405 a/o Jun 30, 2012
Authorized Shares 50,000,000 a/o Jun 30, 2012
Yeah this and PFSD
You still in?
yeah, nothing going on at all. But, it's going to change.
I've been around. Owned this for years. Averaged down to around .85 now which is nice.
There's no one here on this board which surprises me. It's definetly a time to buy.
AltiGen to Showcase Contact Center and Unified Mobile Convergence Solutions for Microsoft Lync Server
2010 at TelecomExpo
Date : 12/02/2010 @ 5:00PM
Source : MarketWire
Stock : AltiGen Communications, Inc. (ATGN)
Quote : 0.64 -0.01 (-1.54%) @ 3:59PM
AltiGen to Showcase Contact Center and Unified Mobile Convergence Solutions for Microsoft Lync Server 2010 at TelecomExpo
AltiGen Communications (OTC) (USOTC:ATGN)
Intraday Stock Chart
Today : Thursday 2 December 2010
AltiGen Communications, Inc. (OTCQX: ATGN) (PINKSHEETS: ATGN), the leading provider of software-based Unified Communications solutions, today announced it will be showcasing its new Contact Center and Unified Mobile Convergence solutions for Microsoft Lync Server 2010 in the Microsoft Pavilion at TelecomExpo. The event will be held in city of Utrecht, The Netherlands (Holland) on December 8th and 9th, 2010.
Microsoft Lync Server provides a single solution that unites voice, IM, audio, video, and web conferencing. Ushering in a new connected experience, Microsoft Lync transforms every communication into an interaction that is more collaborative, engaging, and accessible.
AltiGen extends the capabilities of Lync Server with integrated Contact Center and Unified Mobile Convergence solutions. MaxCS Contact Center, an integrated all software solution, integrates directly with Lync Server to deliver robust Automatic Call Distribution, Skills Based Routing, Call Recording, and Advanced Reporting. MaxMobile, the company that designed a native application for iPhone, Android, BlackBerry and (in 2Q11) Windows Phone 7 devices, offers true Unified Mobile Convergence to Lync Server, enabling smartphones to function as integrated Lync extensions.
"Leveraging our expertise as a long time developer of Microsoft-based Unified Communications solutions, AltiGen is uniquely able to add value to companies implementing Lync Server 2010," said Jerry Fleming, President & CEO of AltiGen Communications. "Our strategy of delivering all software solutions natively integrated to Lync Server enables organizations to deploy a complete Unified Communications solution across their the entire enterprise, while eliminating the expensive proprietary hardware required by traditional business communications platforms."
According to Jeroen André de la Porte, Managing Director of Boport Tele-Communication, "As the first distributor in The Netherlands to offer Microsoft-based communications solutions, Boport has a thorough understanding of the value that Unified Communications brings to businesses of all sizes. As business communications have evolved to incorporate email, Instant Messaging and collaboration, traditional hardware-based telephony platforms have become obsolete. The AltiGen solutions, built on top of the Microsoft Lync platform, truly represent the next generation of business communications."
About AltiGen Communications, Inc.
AltiGen Communications, Inc. is a leading provider of software-based Unified Communications solutions. AltiGen solutions are built on scalable, open standards platforms, designed for high reliability, ease of use, and seamless integration to existing communications infrastructure technologies. AltiGen's worldwide headquarters is in Silicon Valley, California, with international operations based in Shanghai, China. Local sales, service and support are provided by AltiGen's worldwide network of over 200 certified partners. For more information, call 1-888-ALTIGEN or visit the web site at www.altigen.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding the continued market acceptance of our 100 percent Microsoft-based business phone systems and Unified Communications solutions and the successful introduction and delivery of our new Contact Center and Unified Mobile Convergence solutions for Microsoft Lync Server 2010. These statements reflect management's current expectation. However, actual results could differ materially as a result of unknown risks and uncertainties, including but not limited to, risks related to AltiGen's limited operating history. For a more detailed description of these and other risks and uncertainties affecting AltiGen's performance, please refer to AltiGen's Annual Report on Form 10-K for the fiscal year ended September 30, 2009 and all subsequent current reports on Form 8-K and quarterly reports on Form 10-Q. All forward-looking statements in this press release are based on information available to AltiGen as of the date hereof and AltiGen assumes no obligation to update these forward-looking statements.
delisted from NASDAQ....1st day on OTCQX
INSIDE BUYING..
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=atgn
INSIDER TRANS TAB:
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=atgn
AltiGen Communications Reports First Quarter Fiscal 2010 Financial Results
S an Jose, CA – January 27, 2010 - AltiGen Communications, Inc. (NASDAQ: ATGN), the leading provider of integrated Microsoft-based Unified Communications solutions, today reported financial results for its fiscal 2010 first quarter ended December 31, 2009.
First Quarter Financial Highlights :
· First quarter revenue of $4.2 million
· Gross margin improved to 66.6%
· Net loss improved to $470,000
· Ending cash balance increased to $7.6 million
Gilbert Hu, AltiGen’s CEO, stated, “We are pleased with the growing success of our conversion to an open software communications platform that is enabling us to competitively serve the larger opportunity in the upper mid-market. As we move upstream in the marketplace, we have experienced some expected short-term trade off in our small systems revenue, but the much larger opportunity we are seeing from our transition to larger systems sales positions AltiGen to achieve long-term sustainable revenue growth as a stronger, higher margin business.”
Jeremiah Fleming, AltiGen's President and COO, stated, “The significance of AltiGen’s strategy can best be explained in comparison to the computer industry. Most of the major computer hardware manufacturers that once dominated that industry have now gone by the wayside as powerful microcomputers and client/server software products were introduced. The same situation is now taking place in the communications industry, as evidenced by the rapid demise of once high-flying companies such as Nortel and the emergence of Microsoft as a major software communications vendor.
“AltiGen’s business strategy leverages this shifting trend in the communications industry, through the development of leading software applications while working closely with our strategic partners. As such, we are focused on several key growth initiatives to drive our business forward:
· Continued expansion of our strategic partnerships with Fiserv in the US and UnionPay in China to deploy our Unified Communications solutions to their thousands of credit union and banking customers.
· Enhanced integrations with Microsoft products to jointly address the growing demand for software-based Unified Communications solutions.
· A soon to be released revolutionary new business mobility solution.
“With an industry trending toward software-based communications solutions, and our industry leading communications applications and ability to leverage the strengths of major partners, we are very excited about the new opportunities ahead.”
Revenue for the fiscal 2010 first quarter was $4.2 million, compared to revenue of $4.8 million in both the first quarter last year and the preceding quarter. Gross margin in the first quarter increased to 66.6%, compared to 60.9% a year ago and 65.1% in the preceding quarter. Operating expenses totaled $3.3 million, a decrease from $4.3 million a year ago and $3.9 million in the preceding quarter.
Net loss for the first quarter of fiscal 2010 was $470,000, or a loss of $0.03 per share, compared to a net loss of $1.3 million, or a loss of $0.08 per share, in the first quarter of 2009 and a net loss of $729,000, or a loss of $0.05 per share, in the preceding quarter. Total cash and cash equivalents at December 31, 2009 were $7.6 million, up from $7.4 million at September 30, 2009.
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Phil McDermott, AltiGen's CFO, stated, “While revenue was weaker in the quarter, we achieved continued sequential increase in gross margins and reduction in expenses, and we ended the quarter with an increased cash balance as a result of improved balance sheet management.”
Earnings Conference Call
AltiGen will conduct a conference call with investment professionals at 2:00 p.m. Pacific Time (5:00 p.m. ET) today, January 27, 2010 to discuss AltiGen's results of operations for the fiscal 2010 first quarter. Dial (800) 894-5910 (domestic) or (785) 424-1052 (international) to listen in to the call. The conference call ID is "AltiGen." A live webcast will also be made available at www.altigen.com. A telephonic replay will be available approximately one hour after the call through January 29, 2010. To access the replay, dial (800) 695-0715 or (402) 220-1423. A web archive will be made available at www.altigen.com for 90 days following the call's conclusion.
About AltiGen Communications
AltiGen Communications, Inc. (NASDAQ: ATGN) is a leading provider of 100 percent Microsoft-based VoIP business phone systems and Unified Communications solutions. Having more than 10,000 customers around the world, AltiGen solutions are designed for high reliability, ease of use, seamless integration to Microsoft infrastructure technologies, and are built on a scalable, open standards platform. AltiGen’s worldwide headquarters is in Silicon Valley, California, with international operations based in Shanghai, China. Local sales, service and support are provided by AltiGen’s worldwide network of over 300 certified partners. For more information, call 1-888-ALTIGEN or visit the web site at www.altigen.com .
AltiGen to Announce Second Quarter Fiscal 2010 Financial Results on April 21, 2010
6:30a ET April 15, 2010 (Market Wire)
AltiGen Communications, Inc. (OTCQX: ATGN), the leading provider of integrated Microsoft-based Unified Communications solutions, will announce its second quarter fiscal 2010 financial results after the close of regular market trading on Wednesday, April 21, 2010. The Company will also hold a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. ET).
What: AltiGen Second Quarter Fiscal 2010 Conference Call
When: Wednesday, April 21st at 2:00 p.m. Pacific Time (5:00 p.m. ET)
Who: Jerry Fleming, President and Chief Operating Officer and Phil
McDermott, Chief Financial Officer
How: Dial (800) 862-9098 (domestic) or (785) 424-1051 (international) to
listen in to the call. The conference call ID is "AltiGen." A live
webcast will also be made available at www.altigen.com. A telephonic
replay will be available approximately one hour after the call
through April 23, 2010. To access the replay, dial (800) 839-4016
(domestic) or (402) 220-7240 (international). A web archive will be
made available at www.altigen.com for 90 days following the call's
conclusion.
About AltiGen Communications AltiGen Communications, Inc. (OTCQX: ATGN) is a leading provider of 100 percent Microsoft-based VoIP business phone systems and Unified Communications solutions. Having more than 10,000 customers around the world, AltiGen solutions are designed for high reliability, ease of use, seamless integration to Microsoft infrastructure technologies, and are built on a scalable, open standards platform. AltiGen's worldwide headquarters is in Silicon Valley, California, with international operations based in Shanghai, China. Local sales, service and support are provided by AltiGen's worldwide network of over 300 certified partners. For more information, call 1-888-ALTIGEN or visit the web site at www.altigen.com.
AltiGen Communications, Inc. Announces Intention to Trade on OTCQX Market
SAN JOSE, CA – March 5, 2010 – AltiGen ® Communications, Inc. (NASDAQ: ATGN), the leading provider of integrated Microsoft-based Unified Communications solutions, announced today its intention to seek the voluntarily delisting of its common stock from the NASDAQ Capital Market and relist on the OTCQX U.S. Premier (OTCQX) over-the-counter market, operated by OTC Markets, Inc. The move remains subject to the listing approval requirements of the OTCQX. AltiGen expects that its stock will continue to trade under the same ticker symbol (OTCQX: ATGN).
AltiGen has notified the NASDAQ Capital Market of its intention to voluntarily delist its common stock. AltiGen anticipates deregistering its common stock with the Securities and Exchange Commission and suspending its reporting obligations under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). In the meantime, AltiGen intends to continue to fulfill its reporting obligations under the Exchange Act and to provide shareholders with current information by filing ongoing disclosure pursuant to OTCQX rules, which include requirements to prepare quarterly and annual financial statements and make current information available pertaining to material events.
AltiGen’s Board of Directors decided to delist its common stock as part of a broader effort to reduce costs and improve financial results. AltiGen has implemented cost reduction strategies to reduce its selling, general and administrative expenses and continues to focus its efforts on cost control. The Board of Directors concluded that the costs of maintaining its listing on the NASDAQ Capital Market and continuing to maintain its reporting obligations under the Exchange Act outweigh the benefits to AltiGen and its shareholders. AltiGen expects significant cost savings annually from these changes when they have been fully implemented.
Specific factors considered by the Board of the Directors included:
· the ongoing expenses that AltiGen would incur in complying with its obligations under the NASDAQ Marketplace Rules;
· the substantial management time and effort required to comply with these obligations;
· the limited capital available to AltiGen in the public equity markets;
· the limited trading volume and liquidity of the common stock;
· the possibility that AltiGen would be involuntarily delisted from the NASDAQ Capital Market due to failure to comply with continued listing standards;
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· the challenges associated with implementation of a reverse stock split or other activities required to regain compliance with the minimum bid price; and
· the impacts of these changes on suppliers, customers, employees, stockholders, and others having relationships with AltiGen;
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AltiGen Communications, Inc. is a leading provider of 100% Microsoft-based VoIP business phone systems and Unified Communications solutions. Having more than 10,000 customers around the world, AltiGen solutions are designed for high reliability, ease of use, seamless integration to Microsoft infrastructure technologies, and are built on a scalable, open standards platform. AltiGen's worldwide headquarters is in Silicon Valley, California, with international operations based in Shanghai, China. Local sales, service and support are provided by AltiGen's worldwide network of over 300 certified partners.
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