Charys Holding Company, Inc. (fka CHYSQ)

[NaperGirl911]

It's a buy here eom

[UKfan]

What a gut wrenching stock to own. I guess my only consideration is that it must be even more perplexing for Troy Crochet the president of C and B who has lost well into the 8 figures at this point.

I put in a call to a close friend that knows Troy and they tell me he is busy flying his friends to the Bahamas in his newly acquired private jet and that he doesn’t have a care in the world as far as share price is concerned.

Chys is very oversold here and there is a great MCAD divergence at today’s close. I love trading MCAD divergences so I bought a lot more CHYS today. I am now in (dollar cost averaged) at 3.35 a share. This puppy is headed higher probably to 3.80 or so.

We shall overcome.

[jonesieatl]

Would it be possible?

I've pointed out that 6-month old gap in the low $2's in this chart for the last several months. Didn't make a big issue of it, especially with the pumpers over on RB assuring everybody of onward and upward only LOL, but ... could CHYS actually fill that gap?

Be interesting to see.

jonesie

[jonesieatl]

Except for bounces off the 200MA ...

... CHYS hasn't confirmed a buy signal since the last sell confirmed on the second trading day of August.

[NaperGirl911]

10K Filed...CHYSE.OB back to CHYS.OB 8/25

Charys Holding Company, Inc. Filed Its Form 10-KSB For the Fiscal Year Ended April 30, 2006 on August 23, 2006 at 10:08 am, and is Now in Compliance with NASD Rule 6530

Thursday August 24, 2:44 pm ET

ATLANTA--(BUSINESS WIRE)--Aug. 24, 2006--Charys Holding Company, Inc. ("Charys") (OTCBB:CHYS - News) filed on August 23, 2006 at 10:08 am EDT the 10-KSB annual report with the SEC for the fiscal year ended April 30, 2006, is current with its reporting obligations, and is now in compliance with NASD Rule 6530 to maintain its continued listing. The company has verified with the OTCBB Filings Department that CHYSE.OB will revert automatically to CHYS.OB on their schedule for August 25, 2006.
ADVERTISEMENT


About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board: CHYS - News) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment is fundamentally focused on environmental remediation and on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc., Personnel Resources of Georgia, Inc., Method IQ, Inc., CCI Telecom, Inc., Digital Communication Services, Inc., Ayin Holding Company, Inc. and Crochet & Borel Services, Inc.

For more information about Charys visit http://www.charys.com.

NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

[valleyboi0]

Very excellent post Naper. TY for that read.

[NaperGirl911]

Interesting Article CEOcast Stocklemon

http://www.axcessnews.com/modules/wfsection/article.php?articleid=10962

Waxing Nostalgic, Home Solutions Earnings Call

By Alan Fein

(AXcess News) New York - Some say, if you pour cheap liquor into an empty bottle that once contained good booze, most people can't tell the difference. That's basically the claim that stock-tout, CEOcast, made Sunday in its weekly email newsletter, belittling Home Solutions of America, Inc.'s (NASDAQ: HSOA) handling of its second-quarter results when it said "the company stumbled through its earnings call, providing vague guidance when it needed to be specific."

CEOcast snubbed Home Solutions, sure, but you have to take note that an undisclosed CEOcast employee (outlined as an "editor", without naming him) owns 1.25 million shares of the company too - which he apparently bought after agreeing to promote the stock - in addition to a monthly cash fee that's disclosed in the CEOcast email newsletter.

It sounded more like CEOcast was scolding the management of Home Solutions for not pitching the information harder so the stock might go up and put the New York City-based stock promotion organization in the black, or at least this mysterious "editor".

This last year Ken Sgro, a well-respected icon of online webcasting of earnings results for public companies and President of CEOcast, died suddenly of a heart attack. With Sgro's passing, and no mention of it by CEOcast, Michael Wax moved up to assume his role, saying "Ken was a nice guy, but for me it's 'strictly business'", just days after Sgro's funeral.

In this last email tout, CEOcast said (emphasized in italicized letters) "We suspect that revenue for the month of July exceeded HSOA's revenue for the entire second quarter based upon our conversations with parties doing business in the New Orleans areas."

CEOcast noted that the stock of Home Solutions of America, Inc. was short in an amount equal to 37% of the float. That CEOcast believed the short position had increased since July.

But who's short is it?

StockLemon.com noted in an August 15 story that "insiders sold millions of dollars in stock at very high prices - on the heels of a highly misleading press release, in which the company trumpeted a - contract in New Orleans", referring to a June announcement.

Monday, Home Solutions of America, Inc. filed an S-3 registration for insiders to sell over 5 million shares of stock. Shortly thereafter it announced its earnings for the period.

According to StockLemon, we can understand why Home Solutions of America would not give details in its earnings report. StockLemon said that 25% of its earnings were from a Louisiana company named Charys (OTCBB: CHYS). If this is the "party in the New Orleans area" CEOcast referred to I would do my due diligence a little deeper, if you accept what StockLemon says about Home Solutions financial statements in that it's booking revenue it hasn't earned yet - which AXcess News does not substantiate or support as a fact in any of StockLemon's statements by quoting it in this article - we have not verified that information. But it's sure an interesting read!

StockLemon called Home Solutions of America a, "house of cards". I wonder what it thinks of CEOcast?

[NaperGirl911]

News - 4th Qtr Results (Finally)

Charys Holding Company, Inc. Reports Year-End and 4th Qtr. Results

ATLANTA, Aug 18, 2006 (BUSINESS WIRE) --

Charys Holding Company, Inc. (BB:CHYS):

-- Charys' Crochet & Borel Services ("C&B") subsidiary schedules $35 million Revolving Credit Facility

-- Charys Receives FTC Approval of request for Cotton Holdings Acquisition

-- Charys Comments on recent Stock Activity

Charys Holding Company, Inc. ("Charys") (BB:CHYS) today announced its financial results for its fourth quarter and fiscal 2006, ended April 30, 2006. The Company will file its form 10-KSB annual report with the SEC on Monday August 21, 2006.

-- Charys' subsidiary C&B also announced the scheduled closing of a new $35 million revolving credit facility. The financing is in the form of a Senior Secured Revolving Credit Facility, which will provide up to $35.0 million to C&B, with Charys as the guarantor. Proceeds will be used to refinance certain indebtedness and the initial acquisition of C&B. In addition the Company expects that the financing will support future growth and development initiatives and facilitate the purchase of additional revenue generating assets.

-- Charys also announced today that the U.S. Federal Trade Commission has granted Charys' request for early termination of the waiting period effective August 9, 2006 with respect to the previously announced acquisition by Charys Holding Company, Inc of Cotton Holdings 1, Inc. Cotton Commercial USA, LP and Cotton Restoration of Central Texas LP.

-- Charys commented today on the recent volatility in its stock price. The Company knows of no business condition or other reason to explain the recent decline in the price of its stock.

Charys anticipates reporting consolidated revenue for the fiscal year ended April 30th, 2006 of $48.6 million, compared with $7.5 million for fiscal 2005. The dramatic increase was due to revenue generated by the acquisitions of Viasys Services, Inc and Method IQ, Inc, both of which were acquired effective November 1, 2005. Operating improvements and cross business synergies drove gross profits higher beginning in the fourth quarter. Gross profit increased, positively impacted by the operating improvements in the fourth quarter 2006.

Operating income from Subsidiaries for fiscal 2006 rose to approximately $2 million compared with $827 thousand for fiscal 2005. The Holding Company activity primarily focused on key acquisitions and financing activities with Holding Company expenses of approximately $2.8 million and one time financing costs of $400 thousand. Charys' consolidated net earnings, which include one time charges resulting from financing activities, the redemption of financing instruments and other indirect financing and acquisition related expenses, resulted in net loss for the year of approximately $1.2 million as compared with the 2005 loss of $790 thousand. Fiscal 2006 results do not include the financials of the recently closed acquisitions of C & B Services, Inc., LFC Inc. or Digital Communications Services, Inc., which were acquired after April 30, 2006 and will be reported in results for the first quarter 2007 which ended July 31, 2006.

Mentioned Last Change
CHYS 5.06 (Unchanged)
Earnings before interest, taxes, depreciation and amortization (EBITDA) were $2.6 million versus $476 thousand in fiscal 2005.

EBITDA Reconciliation: ($ million) 2006 2005
---- ----
Net earnings (loss) ($1.3) ($0.8)
Less: Interest expense $1.8 $0.16
Less: Depreciation and amortization $1.8 $1.5
Less: Non- cash Consulting expenses $0.2
EBITDA $2.6 ($0.5)

Charys' President and Chief Executive Officer, Billy Ray, Jr., said he is pleased with the great strides that the Company made during the year. "Our fiscal 2006 financial performance once again demonstrates Charys Holding Company's ability to deliver near-term results while keeping our eye firmly focused on the long-term with deliberate, strategic acquisitions that we expect will accelerate our growth well into the future. I am very proud of our management team who are the driving force that brought Charys from a $7.5 million company to a $48.5 million company in a mere 12 months.

"Longer term, we're intently focused on developing ways to leverage the exceptional capabilities of each of our operating companies to provide even greater value to our customers. An example is with the successful integration of Aeon Technologies we have brought new capabilities increasing customer satisfaction while at the same time dramatically improving operating costs. Also, Method IQ has demonstrated the expertise to bring systems integration and technology solutions thereby greatly enhancing our value to our expanding base of customers. Our proven ability in taking advantage of new platforms and the momentum we continue to generate at our established businesses, and the strong performance of our recent acquisitions that are not part of last year's results, gives us great confidence as we head into fiscal 2007," Mr. Ray added.

[NaperGirl911]

What a ride eom

[jonesieatl]

Anyone else notice the Fib retrace?

Yesterday's low was nearly a perfect 61.8% retracement of the gains from low $1's to the highs:

[UKfan]

We have a vertical monopoly here. Onward and upward !!!!

Well I finally went long and at a good price 5.25. I have owed HSOA in the past but was not a shareholder today. As I have stated before I am in the disaster restoration business and have worked along beside C and B and Cotton during Hurricane Katrina and Rita. They are both very aggressive well run companies. They are head and shoulders above HSOA in branding and sales and CHYS management is head and shoulders above HSOA‘s as well or at least I think that they are. . In fact I had never even heard of HSOA until I got home from Katrina last December and it showed up on a stock screen. I have known about Cotton and C and B for years.

I did finally learn all about the C and B deal but not from Kim. I am convinced after analyzing it that CHYS could go to above 15 a share by the end of the ear because they have a price performance guarantee as part of the deal. They have used price performance guarantees as part of there other accusations and have met them.

Huston Texas id the home of every major restoration company in the Untied States including the largest Belfore and Paramount IRS . Huston has more water damage than any other city in America hence the proliferation of mega restoration companies. I maintain a presence in Huston myself.

Another interesting note is a guy named Mel Harris owns 6 % of CHYS. Mel is presently Chairman & CEO of Preferred Employers Group, Inc. (NASDAQ: PEGI). Preferred is a Managing General Agent for American International Group and writes workers compensation and property/liability insurance through safety group dividend programs for the fast food and convenience store industries.

He also serves as President of International Insurance Group, Inc. an insurance brokerage company located in Miami, Florida, and New York City and works in association with Kaye Insurance Associates, L.P.

Mel is a major producer for American International Group, the leading U.S.-Based international insurance organization and the nation's largest underwriter of commercial and industrial coverage’s. He maintains a very close working relationship with them and many other major carriers.

I would say that our C and B , Cotton Company will get the lion share of Insurance Restoration work that Mel’s companies give out.

We have a vertical monopoly here. Onward and upward !!!!

[NaperGirl911]

Nice Trade

Fundamentals will carry the stock forward.

The people who run sites such as stocklemon are the lowest in the food chain.

[petermic]

The drop off in price (with increased volume) didn't come until at least an hour after the stocklemon report came out. I had the sense that it was a single large holder deciding to sell a lot of shares. But that's speculation.

In any case, I was lucky enough to buy a bunch at an average of 5.10 or so, and then started unloading that near the close of trading at 5.88.

[jonesieatl]

There were 4 posts before yours today.

One has the answer.

[FastEddie777]

Why the big drop in pps today?

[UKfan]

Im calling Kim to find out whats going on !!!!

[UKfan]

HSOA and CHYS are pulverized on a day the street is up triple digits and HSOA announces rescored earnings!!! What’s up with that!!!!

[jonesieatl]

Wow, stocklemon strikes EOM

[jonesieatl]

Well, kinda overshooting the triple-bottom, but ...

... somewhere in here might be a good place to buy back into CHYS.

Waitin' on a hindsight bottom and chart setup!

[UKfan]

HSOA up 15 % in after hours tradeing due to 300 % rise in earnings !!!!!

[UKfan]

The head of investor relations at Chys is a stone cold fox. I called the number in the press release and her sister at Chys gave me a telephone in Kansas City. An answering machine saying "hi its Kim I’m not here right now came on" . It sounded like she works out of her house or maybe her dorm room.

Kim Loyed, is according to her web site, a college student at the University of Kansas near Kansas City, "I am majoring in International Business because of my love of traveling and interest in different cultures. This stems from living in many different places in my life including Georgia and Arizona."

Her sister confirmed that she is in fact the Kimberly Loved who’s swimsuit pictures can be viewed here http://www.kimberleylloyd.com/portfolio.html.

I’m sure she knows all about the subtleties of the C and B deal.

[UKfan]

CHYS,has been been Added To Naked Short List at BUYINS.NET as of today.

[UKfan]

That sounds like a good idea. Ill call her tomorrow.

[NaperGirl911]

Find Out & Post Your Info

Company Contact:
Kimberley Lloyd
Investor Relations
Charys Holding Company, Inc.
678-443-2301
Fax: [phone]
[e-mail]

[UKfan]

Before the Merger C and B was a partnership. In fact they had just one carpet cleaning truck not that many years ago so they are a pretty amazing success story to say the least.

However, I’m wondering if both partners came along for this merger or did one buy the other one out prior to the merger. I’m hearing that this is the case from pretty good sources.

Of course what I hear second hand is unsubstantiated hearsay, hence my question . Does anyone know the answer and if it’s the case how does it effect the book of business and potential profits that they secured in New Orleans prior to the merger ???

[jonesieatl]

Chart has been very telling so far ....

... gaps have filled, double-tops have been tops, 6.5x likes to get tested, descending triangle seems to be the overriding pattern.

Going to make it to a triple bottom?

JMHO -jonesie

[UKfan]

Service Master and Servpro already have a lock on the day to day disaster restoration market. No hurricanes, no 200 million dollar years for C and B.

I have been in the Disaster Business for over 15 years myself and have had dealings with every major company in the industry.

The easy money is in emergency services because the margins are very high. The reconstruction profits and margins are much smaller.

[NaperGirl911]

Not JUST for hurricanes anymore

C & B Holding Company is being established by Charys Holdings based on it's intent to purchase Cotton Cos., a group of reconstruction and restoration firms based in Houston. Crochet and Borel Services Inc. (already owned by Charys Holdings) will be folded into Cotton Cos. and according to the press release it will be one of the largest companies of its kind in the world.

"Cotton has a strong core business that addresses a high volume of day-to-day catastrophes such as commercial fires and water damage, while C&B's business focuses on remediation of higher-end disasters, such as hurricanes and floods. We expect the combination to result in an even wider range of services for our customers and much larger and more consistent revenues and profits for Charys.

Cotton, has locations in Houston; Austin, Texas; Dallas/Ft. Worth; San Antonio, Texas; Atlanta; Charlotte, N.C.; Orlando, Fla.; Denver; Phoenix; Chicago; and Washington, D.C. Its clients include The Home Depot Inc. (NYSE: HD), Marriott, Starwood Hotels and Resorts, The Palm Restaurant, Food Lion and Sports Authority. In fiscal 2006, Cotton generated $80 million in revenue."

"The combined strength of these two industry-leading companies is a win for everyone concerned, from customers and employees, to shareholders and investors," said Billy V. Ray Jr., chairman and CEO of Charys. "Not only should it greatly enhance our revenues and profits, but it presents opportunities on a national and international scale for cross-marketing of complementary restoration services provided by our other subsidiaries -- CCI-Telecom, Inc. and Viasys Services Inc. In addition, we expect that it may create national and international opportunities for our Integrated Infrastructure Services operating subsidiaries."

From another article...

ATLANTA, July 26 /PRNewswire-FirstCall/ -- Charys Holding Company, Inc.("Charys") (OTC Bulletin Board: CHYS) announced today that Cotton Companies("Cotton"), which is under binding letter of intent with Charys, has received signed commitments from Gordmans Department Stores and Highpointe Hotel Corporation to participate in Cotton's Preferred Client Program. Cotton is a leading provider of fire and water restoration, reconstruction and remediation services. The Program provides clients with Cotton's year-round fire and water emergency services. With the addition of Gordmans' 60 store locations in 15 states and Highpoint's 12 hotels in Florida, Louisiana and Alabama, the Program now includes more than 1.2 billion square feet of property across the United States.

Cotton Companies' President and CEO, Pete Bell commented that because of its excellent reputation, work history and customer service, the company continues to add new clients on both the national and local levels. "Increasingly, customers are recognizing the benefits of setting up client service agreements before a disaster occurs. With the details of these agreements worked out ahead of time, clients such as Gordmans and Highpointe have the peace of mind of knowing that Cotton will respond immediately whenever they need our services...."

[UKfan]

Does any one know who bought out Able Telecom Holding Corp

Charys, President Billy rays last company ? Is Able Telecom or the Corporation that bought them still in business ??

Correct me if I am wrong but weren’t they bought out by Bracknell Corporation for shares of Bracknell stock which is now completely worthless.

I’m not trying to rain on your paraded here and congratulations to all longs who have made money. I’m looking at buying as well if I have not missed the boat, I will let the market tell me if I have.

As far as C and Bs earnings are concerned they are defiantly driven by hurricanes and Katrina was like manna from heaven for them.

C and B is located in Port Neches Texas which is maybe 4 hours away from New Orleans and 5 or six hours away from Gulf Port Mississippi were they landed a lot of work. After loading up on hundreds of millions of dollars worth of emergency work at Hurricane Katrina, Hurricane Rita formed and hit at Port Neches directly , which is right in C and B’s back yard. This is a situation that may not happen again any time soon.

It seems to me that C and B will be the dominate player at Charys as far as earnings go but what if there is a dry spell in Hurricanes for a year or two? Also in Florida many commercial property are now going without insurance because they cant afford it. You can bet that most of C and Bs spectacular earnings are dependent of insurance settlements.

Does any one know how much Charys stock was given up and what type of promissory notes were given to C and B in the merger. Did Charys given guarantee of stock price performance to them ?

[NaperGirl911]

Nasdaq Listing Soon?

From the release on June 12 "It is anticipated that listing on the NASDAQ Capital Market will be initiated within six to eight weeks"

[NaperGirl911]

$15 mill revs for Viasys over 2-yr period

Charys Holding Co. Subsidiary Lands Two Additional Contracts Viasys Services, Inc. to provide further infrastructure services in Sarasota County, Florida

ATLANTA, Aug 02, 2006 /PRNewswire-FirstCall via COMTEX/ -- Charys Holding Company, Inc. ("Charys")(OTC Bulletin Board: CHYS), a provider in the Integrated Infrastructure & Communications services market focusing on the Data/Communication Network segment, today announced that its subsidiary, Viasys Services, Inc. ("Viasys"), has been awarded two additional contracts to the previously announced transaction with a leading provider of voice and data communications systems in the Tampa Bay area. Under the initially stated terms of the contract, Viasys will provide infrastructure services that include underground construction and a raceway or conduit system that can accommodate fiber optic and/or copper cable for their residential and commercial voice and data communications systems in Sarasota County, Florida. These two projects, which are a part of a larger program commissioned by the Florida Department of Transportation, will commence immediately.
In addition, Viasys has been assigned projects from the same awarding authority involving Fiber To The Premises (FTTP). These projects will provide further infrastructure services in Sarasota County, Florida. The current estimates are approximately 600,000 ft. of raceway infrastructure system for the remaining period of 2006 and 1.4m ft. in 2007. Furthermore, in the last three weeks Viasys has added an additional 80 people for the new projects and plans on adding another 80 over the next eight weeks. The new people consist of 25 percent in-house and 75 percent subcontractors.

Vice President and Director of Operations at Viasys, Jim Hemrich, commented that, "We are excited and proud of our relationship with this premier provider of voice and data communications. Our relationship with them has continued to grow over the past several years and is strengthened with each additional contract. With the on-going and increasing work from them, it demonstrates the confidence they have in our ability to perform to their expectations."

Billy V. Ray, Jr., Chairman and CEO of Charys observed, "This addition to the original deal is an important part in expanding the work done by Viasys in the Greater Tampa Bay area. These contracts will represent approximately $15 million in revenue for Viasys over a two year period. Consequently, our subsidiaries are demonstrating the organic growth opportunities that exist within our organization as we continue to implement our business strategy."

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board: CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment is fundamentally focused on environmental remediation and on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc., Personnel Resources of Georgia, Inc., Method IQ, Inc., CCI Telecom, Inc., Digital Communication Services, Inc., Ayin Holding Company, Inc. and Crochet & Borel Services, Inc.

For more information about Charys visit http://www.charys.com.

[jonesieatl]

Cotton Companies Adds Two Major Firms to its Preferred Client Program

--------------------------------------------------------------------------------

PRNewswire
10:39 a.m. 07/26/2006


Acquisition Target of Charys Holding Company now services more than 1.2 billion square feet
ATLANTA, July 26, 2006 /PRNewswire-FirstCall via COMTEX/ -- Charys Holding Company, Inc. ("Charys") (CHYS) announced today that Cotton Companies ("Cotton"), which is under binding letter of intent with Charys, has received signed commitments from Gordmans Department Stores and Highpointe Hotel Corporation to participate in Cotton's Preferred Client Program. Cotton is a leading provider of fire and water restoration, reconstruction and remediation services. The Program provides clients with Cotton's year-round fire and water emergency services. With the addition of Gordmans' 60 store locations in 15 states and Highpoint's 12 hotels in Florida, Louisiana and Alabama, the Program now includes more than 1.2 billion square feet of property across the United States.

Cotton Companies' President and CEO, Pete Bell commented that because of its excellent reputation, work history and customer service, the company continues to add new clients on both the national and local levels. "Increasingly, customers are recognizing the benefits of setting up client service agreements before a disaster occurs. With the details of these agreements worked out ahead of time, clients such as Gordmans and Highpointe have the peace of mind of knowing that Cotton will respond immediately whenever they need our services."

Significantly, on July 10, 2006, Cotton Companies signed a binding letter of intent to be acquired by Charys Holding Company, Inc. Charys will create C&B Holding Company and fold Cotton and Charys' current restoration company, Crochet and Borel Services, Inc. ("C&B") into it. Cotton will survive as the international branding and operating entity and will be one of the largest companies of its kind in the world.

Billy Ray, Jr., Chairman and Chief Executive Officer of Charys, said, "These new service agreements illustrate the continued growth that we expected when we signed the letter of intent to acquire Cotton Companies, and we're very pleased that Cotton will soon be a part of the Charys organization. We have similar cultures and share the belief that Cotton is a perfect fit with our restoration and reconstruction subsidiary, C&B Services. Cotton customers will also benefit greatly from the complementary recovery services provided by our other subsidiaries, CCI-Telecom, Inc. ("CCI") and Viasys Services, Inc. ("Viasys") and our Integrated Infrastructure Services offered by our subsidiary Method IQ, Inc., as well as for our Ayin Holding Company, Inc. subsidiary's "build-to-suite" cell tower services."

About Cotton Companies ( www.cottoncompanies.com )

Cotton Companies is a group of disaster recovery firms specializing in fire and water restoration services ranging from initial project assessment and planning, through catastrophe management reconstruction, restoration and environmental remediation. The company's strategy is to provide the highest quality service to meet our customers' expectations and anticipate tomorrow's opportunities through creative and innovative thinking in our approach to today's issues. Successful execution of this strategy has produced a broad portfolio of successful projects, extremely satisfied clients, and a most challenging set of standards for the industry. The company employs cutting edge technology, state of the art equipment, and the latest in management/personnel techniques to carry out its national and international operations.

[jonesieatl]

So, what's the plan Stan?

Descending triangle? Sideways before making a run?

[jonesieatl]

CHYS Subsidiary Completes Initial Cell Tower Purchase

--------------------------------------------------------------------------------

PRNewswire
10:17 a.m. 07/25/2006


Nineteen towers are purchased in this first tranche of the 53 tower deal signed last month

ATLANTA, July 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- Charys Holding Company, Inc. ("Charys")(OTC Bulletin Board: CHYS) today announced that its wholly owned subsidiary, Ayin Holding Company, Inc. ("Ayin") has closed on the first 19 of 53 cellular towers that it had agreed to buy from Tower Company of Louisiana (TCLA) in a deal struck in June 2006, using corporate funds generated from operations. Per the original agreement, the price per tower is $325,000, resulting in an aggregate price of $6,175,000 for the initial nineteen, all of which are located in Louisiana. Purchase of the remaining 34 towers is expected to be closed over the next several weeks.

Jimmy Taylor, President of Ayin said, "It's a satisfying feeling to have these first nineteen towers under our belt, and we are looking forward to closing on the remaining thirty-four. These newly constructed towers have a very strong anchor tenant and produce a positive cash flow. In addition, all of the towers have tremendous growth potential due to their capacity to handle multiple carriers. Their rural locations make them particularly attractive to cellular companies who are eager to expand into these Tier-2 areas."

Charys' Chairman and CEO, Billy Ray, Jr., commented, "Our management team has met yet another milestone of our business strategy established when we formed Ayin last September, demonstrating our commitment to maintain our position as a complete solution provider in the data/communication infrastructure marketplace. We are pleased that in a very short time we have built a company and established five distinct platforms that not only can offer integrated infrastructure development and technology implementation, through our Ayin, CCI, Viasys and Method IQ subsidiaries, but in the event of a disaster, can provide recovery and reconstruction services through our Crochet & Borel Services subsidiary as well as other complementary services."

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (CHYS) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment is fundamentally focused on environmental remediation and on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc., Personnel Resources of Georgia, Inc., Method IQ, Inc., CCI Telecom, Inc., Digital Communication Services, Inc., Ayin Holding Company, Inc. and Crochet & Borel Services, Inc.

For more information about Charys visit http://www.charys.com .

[FastEddie777]

Would you or anyone else know that the revenues and earnings were for quarter ending 4/30/2006? I did see the prior quarter revs at $21,769,000, but didn't see anything else on the nasdaq site. TIA

FE

[jonesieatl]

"hinky" turned out to be the correct word.

Bounced at the 50MA "so far".

((Who are the Frank-Nix Global and Janet Risher folks who both just put up for sale (or sold?) over a quarter million shares each?))

Probably just gonna wait for the safe "hindsight-bottom" and for the indicators to signal a buy again. They don't seem to be doing so at the moment.

JMHO -jonesie

[carlinhoske]

Interesting read for me at least. Greetings,
Carl

[jonesieatl]

carlinhoske:

Well I yanked my GTC order at 8.60 this morning because in spite of the expected trendline hit and maybe a little overshoot (thus the order below the trendline), the chart just feels a bit "hinky" to me.

If I'm wrong and CHYS takes off, I'll still be happy, if I'm right, I'll get some lower, after a confirmed bottom and reversal somewhere.

Trying to decide where my pain point is in case of some further consolidation/retracement. I'm thinking if the chart doesn't straighten up a bit, I may be there right now, don't want to lose the profits booked from previous trades, and I'm a little better even on my last trendline purchase.

Not that anyone cares LOL.

Good luck!

jonesie

[carlinhoske]

Good job, Jonesie!
c

[jonesieatl]

So, can CHYS keep moving up this fairly steep uptrendline?

I keep adding shares on returns to that line, so far so good.

[pxhb_sammy]

DIGITAL COMMUNICATION SERVICES, INC

http://www.lex-com-inc.com/dcsi.htm

This is the company. The CEO Bill Caudill mentioned here.

http://www.lex-com-inc.com/officers1.htm

The press release misspelled the company calling it
"DIGITAL COMMUNICATIONS SERVICES, inc"

the extra "s" at the end of communications made it tough to find.

The company is a subsidiary of a company called LexCom group. Don't know much more. I would like to find out more. Anyone?
Can't post on RB..... ok to copy and post over there if anyone else can.


Sammy

[davidam]

The combination of C&B financials with a listing on the Nasdaq will be a catalyst for this share price.

[robsaia]

I love this part: Charys has exhibited tremendous growth in nearly every measurable way, driving our fundamentals BEYOND NASDAQ listing requirements.
...CHYS will be on Nazdaq in late July or early August....about the same time C&B financials will be coming out....

[jonesieatl]

Charys Holding Company, Inc. Applies for Listing on The NASDAQ Capital Market

--------------------------------------------------------------------------------

BusinessWire
09:24 a.m. 06/12/2006


ATLANTA, Jun 12, 2006 (BUSINESS WIRE) -- Charys Holding Company, Inc. ("Charys") (CHYS) announced today that it has filed an application to become listed on the NASDAQ Capital Market. It is anticipated that listing on the NASDAQ Capital Market will be initiated within six to eight weeks. Charys, with 19.4 million shares outstanding, has a market cap of approximately $194 million.

Charys' Chairman and Chief Executive Officer, Billy Ray, Jr., commented that the rapid growth of Charys over the past twelve months warrants the move to the NASDAQ Capital Market. "Charys has exhibited tremendous growth in nearly every measurable way, driving our fundamentals beyond NASDAQ listing requirements. This expansion, which today positions Charys as a complete solution provider to the business services segment of the greater infrastructure market, has been achieved through a strategy of disciplined organic development and strategic synergistic acquisitions. We believe listing on the NASDAQ Capital Market will provide greater visibility for Charys' stock and will improve the flow of information to our shareholders and potential investors as we pursue this strategy," Mr. Ray said.

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTC Bulletin Board: CHYS.OB) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment varies widely in scope, but is fundamentally focused on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc, Personnel Resources of Georgia, Inc., Method IQ, Inc., Charys Technology Group, Inc., CCI Telecom, Inc., and Ayin Holding Company, Inc. For more information about Charys visit http://www.charys.com .

[davidam]

Thanks Robsaia
The markets are correcting. It may even be a bears market coming.
Solid performers are becoming hard to find in this arena ( if not every exchange) Doubles and triples are going to be even harder to find . CHYS appears to be a gem and I have backed that belief with a serious investment. I wont play many stocks at this time. I even pulled my funds out of the markets back when the dow was at 11350. I could be wrong about the bear market if I see evidence I am I will be more agressive with other plays. Right now I am sticking to just a few I can still feel very confident about.

[robsaia]

Davidam, glad to see you investing big in this company. Expect to see many more "up" days.

[davidam]

Nice day today bouncing off of all that profit taking

[robsaia]

S&S, so true that this is an amazing opportunity. Look at it this way: If C&B were to come out as an IPO, where would it initially trade? Based on what we know of the numbers so far, $20-$25 would be reasonable. True, 2005 results were pre-tax and unaudited, but it would be hard to imagine less than $20/share. Great "ground floor" opportunity here.

[shortandstocky]

Rob,
that's a great question and I have no idea. I would agree that our synergies, as you put it, are greatly enhanced going forward with our family of subs that can work together to get more work together. We are on track for an enormous opp. here imo.

[robsaia]

S&S
How much of the C&B sub-contract work that goes to HOM and other vendors will now be "retained" in-house? I would imagine that the synergies here are much greater than most imagine.