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CLTH SEC Suspension:
http://www.sec.gov/litigation/suspensions/2014/34-72930.pdf
Order:
http://www.sec.gov/litigation/suspensions/2014/34-72930-o.pdf
Admin Proceeding to revoke registration of stock:
http://www.sec.gov/litigation/admin/2014/34-72931.pdf
lol u should be asking the company on what they are spending all this cash on with out any real rev streams. also tell them not to waste money on promos and get a solid ir firm
so what is the solution ?
debt = dilution. and for them to clean up some of the debt looks like it will be awhile
ok debt is not good but if it mean they have a finished product soon to be remedied
lol well looking at the filings they are full of debt so i wouldnt say good company. they have allot to work on
Clavis Technologies Signs MoU With UbizValley to Jointly Develop RFID Mobile Service System.
9:50 AM ET 12/2/11 | GlobeNewswire
Clavis Technologies International Co., Ltd. (OTCBB:CTLH), a leading provider of RFID-enabled solutions to various industrial markets, today announced that the Company has signed a Memorandum of Understanding (MoU) with UbizValley to jointly develop its RFID Mobile service system.
As outlined in the agreement, Clavis Technologies will lend its expertise in RFID Mobile business areas and secure a partner that focuses on R&D in mobile solutions. Clavis Technologies will develop the RFID system with applications while UbizValley will develop the mobile and internet programs within the RFID system.
Mr. Hwan Sup Lee, CEO of Clavis Technologies, commented, "We are excited to join forces with UbizValley to create its RFID mobile service system. With our expertise in RFID technologies and their experience in internet technology for RFID, I believe that this will be a very successful endeavor which will lead to increased business in this area in the future."
About UbizValley Co., Ltd.
UbizValley Co., Ltd. has developed a mobile web site to be used in a Fixed Mobile Convergence (FMC) environment for public institutions, telecommunications and enterprises. UbizValley Co., Ltd was awarded the 2010 Global ICT Public Section Excellence Award from World Congress on Information technology (WCIT).
To learn more about UbizValley, visit www.ubizvalley.com.
About Clavis Technologies
Clavis Technologies Co., Ltd., a wholly owned Korea-based subsidiary of Clavis Technologies International Co., Ltd. ("Clavis Technologies") is a pioneering vendor of RFID technology since its inception in 2003, providing RFID-enabled solutions, including business processes, based on the EPCglobal standards to various industrial markets. With clients such as IBM Korea, SKC, Alien Technology Asia, KT Networks, NextID, Clavis Technologies combines its products, expertise, partnerships and integration capabilities to enable companies to effectively utilize the wealth of data captured by networked devices such as RFID readers or handhelds, extending the quality of valuable information to any device used by the companies or their customers.
To learn more about the Company, visit www.clavistech.com
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Clavis Technologies International Co., Ltd.
CONTACT: Clavis Technologies International Co., Ltd.
9900 Corporate Campus Drive, Suite 3000
Louisville, KY 40223
Tel : 502-657-6060
Fax : 502-657-6004
usainfo@clavistech.com
its sad prs do nothing and it keeps falling. would bet to see this falling below .02 soon
if this keeps up it will be subpenny soon
looks like after the pump has been exposed these small buys dont do any good. COMPANY IS IN HUGE DEBT
grrr. I really thought this was going to take off...
I googled that company and sure enough..
http://www.ripoffreport.com/business-consultants/scott-harkness/scott-harkness-stockshark-llc-9c115.htm
this would be why nothing happened..
BUYER BEWARE!
Going Concern
The Company’s financial statements are presented on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company has experienced recurring losses over the past years which have resulted in an accumulated deficit of approximately $3.79 million and a working capital deficit of approximately $1.70 million at June 30, 2011.
The Company’s ability to continue as a going concern is contingent upon its ability to secure additional financing, increase sales of its product and attain profitable operations. It is the intent of management to continue to raise additional funds to sustain operations and to pursue acquisitions of operating companies in order to generate future profits for the Company. Although the Company plans to pursue additional equity financing, there can be no assurance that the Company will be able to secure financing when needed or obtain such on terms satisfactory to the Company, if at all.
The accompanying financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty.
yes also I was checking some google searches and it seems that these guys were doing something on it.. http://www.otcstockshark.com/
last time I did one of their plays I lost my shirt!! wish I knew that before! at least I should just break even.
ya it is unfortunate i guess i got taken away with the rumor talk of big news. the news was decent but look at the financials of the company its horrible
I never noticed that ither!! going to get rid of these before they hit bottom!
i was looking at the filings and they seem to have a pretty big debt. i have to second guess this play now. i like the tech but this company seems like a debt machine
thanks i already did it
Didn't break 100k but we held the gains, which is a great start for the week.
i dont think it should be an issue with a green close lik ethis we should be hitting allot more radars tomorrow. i think the company maybe starting a pr cycle imho
Bizmodeline - Clavis Technologies' new partner - is a R&D giant with 2700 patents: 1000 related to Financial and Billing, 1400 related to Mobile, Ubiquitous, RFID and NFC 300 patents related to Online AD and Research.
I'll take 90% any day - if we can hold most of the gains today that would be terrific.
would love to see this break 100k and .06
This and the Bizmodeline Memorandum of Understanding should give CTLH some major exposure in Asian network technology markets.
Clavis Technologies and Bizmodeline Sign MoU to Jointly Develop RFID-Enabled Near Field Communications BusinessFont
8:01 AM ET 11/7/11 | GlobeNewswire
Clavis Technologies International Co., Ltd. (OTCBB:CTLH), a leading provider of RFID-enabled solutions to various industrial markets, today announced that the Company has signed a Memorandum of Understanding (MoU) with Bizmodeline Inc. to jointly develop its RFID-enabled Near Field Communications (NFC) business.
Near Field Communications (NFC) allows for simplified transactions, data exchange, and wireless connections between two devices in close proximity to each other, usually by no more than a few centimeters. It is expected to become a widely used system for making payments by smartphone in the United States. As outlined in the MoU, Clavis Technologies will develop an RFID-enabled NFC application based on service models developed by Bizmodeline, which will provide its financial, billing, RFID and NFC patents as well as supply allied hardware.
"We are very excited to enter into this agreement with Bizmodeline. The RFID/NFC market is growing due to the vitalization of smart phone-equipment through finance, distribution, circulation and other industries," commented Mr. Hwan Sup Lee, CEO of Clavis Technologies. "We believe that we can offer great value by incorporating our RFID technology into the global Near Field Communications industry which is growing very rapidly throughout the world."
About Bizmodeline Inc.
Bizmodeline Inc. has a total of 2700 patents, 1000 patents related to Financial and Billing, 1400 patents related to Mobile, Ubiquitous, RFID and NFC 300 patents related to Online AD and Research and has been offered the services of m-Financial, Authentication and Radio communication.
About Clavis Technologies
Clavis Technologies Co., Ltd., a wholly owned Korea-based subsidiary of Clavis Technologies International Co., Ltd. ("Clavis Technologies") is a pioneering vendor of RFID technology since its inception in 2003, providing RFID-enabled solutions, including business processes, based on the EPCglobal standards to various industrial markets. With clients such as IBM Korea, SKC, Alien Technology Asia, KT Networks, NextID, Clavis Technologies combines its products, expertise, partnerships and integration capabilities to enable companies to effectively utilize the wealth of data captured by networked devices such as RFID readers or handhelds, extending the quality of valuable information to any device used by the companies or their customers.
To learn more about the Company, visit www.clavistech.com
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Clavis Technologies International Co., Ltd.
CONTACT: Clavis Technologies International Co., Ltd.
9900 Corporate Campus Drive, Suite 3000
Louisville, KY 40223
Tel : 502-657-6060
Fax : 502-657-6004
usainfo@clavistech.com
New contract for immigration checkpoint admission control system -
SEOUL, South Korea, Oct. 25, 2011 (GLOBE NEWSWIRE) -- Clavis Technologies International Co., Ltd. (OTCBB:CTLH.OB - News), a leading provider of RFID-enabled solutions to various industrial markets, today announced that the Company has entered into a contract with The Ministry of Unification (MOU) to perform maintenance of its RFID-based admission control system for incoming and outgoing vehicles at the entrance of Dorasan CIQ (Customs, Immigration and Quarantine).
Dorasan CIQ, located at the southern border of the DMZ (De-Militarized Zone) in South Korea, serves as an Immigration station between South Korea and Kaesong Industrial Complex (KIC), a part of North Korea. The RFID-based admission control system consists of 3 parts; a card issue system, an exit-entry control system and a connect system of RFID data.
Inter-Korean Cooperation District Support Directorate issues RFID cards, 13.56MHz for people and 900MHz for cars in Seoul as part of the card issue system. The Ministry of Justice Republic of Korea (MOJ) inspects people and Korea Customs Service (KCS) inspects cars in Dorasan CIQ as part of the entry-exit control system. They also manage the Tong Tong System of MOU, Immigration system of MOJ and Unipass System of KCS. They share data received from the RFID feeds related to people and cars jointly as part of connect system of RFID data. Clavis Technologies will modify and correct systems failures or errors and improve system functions to keep the system operating normally for the Ministry.
CEO of Clavis Technologies, Mr. Hwan Sup Lee, commented, "We are very pleased and proud to be contracted by The Ministry of Unification to help regulate border control between South Korea and the important Kaesong Industrial Complex in North Korea. The Dorasan CIQ entrance is a very busy interchange which shows the faith and trust that the Ministry has in Clavis's RFID-based admission control system. We aim to continue working with the Ministry on additional projects where our RFID technology can provide value."
i would love to see this break .06
ya it is a good sign to see 2x avg vol
2X average volume today - a good sign esp. with more buyers than sellers.
well so far so good would love to see more vol and see this over .10+ i was looking at the trading history and most of the vol is above .10+
We're up 96% today - let's hope the gains hold & that sellers don't move in.
ya its above daily avg a few more days like this and we should break over .10
no kiddin not bad at all for the volume!!
low vol today but up 96% shows this is a lowfloat and bottom play
ya i think the company is getting ready for a pr cycle
The news today looks really promising....
Clavis Technologies and Bizmodeline Sign MoU to Jointly Develop RFID-Enabled Near Field Communications Business
SEOUL, South Korea, Nov 7, 2011 (GlobeNewswire via COMTEX) -- Clavis Technologies International Co., Ltd. (OTCBB:CTLH), a leading provider of RFID-enabled solutions to various industrial markets, today announced that the Company has signed a Memorandum of Understanding (MoU) with Bizmodeline Inc. to jointly develop its RFID-enabled Near Field Communications (NFC) business.
Near Field Communications (NFC) allows for simplified transactions, data exchange, and wireless connections between two devices in close proximity to each other, usually by no more than a few centimeters. It is expected to become a widely used system for making payments by smartphone in the United States. As outlined in the MoU, Clavis Technologies will develop an RFID-enabled NFC application based on service models developed by Bizmodeline, which will provide its financial, billing, RFID and NFC patents as well as supply allied hardware.
"We are very excited to enter into this agreement with Bizmodeline. The RFID/NFC market is growing due to the vitalization of smart phone-equipment through finance, distribution, circulation and other industries," commented Mr. Hwan Sup Lee, CEO of Clavis Technologies. "We believe that we can offer great value by incorporating our RFID technology into the global Near Field Communications industry which is growing very rapidly throughout the world."
About Bizmodeline Inc.
Bizmodeline Inc. has a total of 2700 patents, 1000 patents related to Financial and Billing, 1400 patents related to Mobile, Ubiquitous, RFID and NFC 300 patents related to Online AD and Research and has been offered the services of m-Financial, Authentication and Radio communication.
About Clavis Technologies
Clavis Technologies Co., Ltd., a wholly owned Korea-based subsidiary of Clavis Technologies International Co., Ltd. ("Clavis Technologies") is a pioneering vendor of RFID technology since its inception in 2003, providing RFID-enabled solutions, including business processes, based on the EPCglobal standards to various industrial markets. With clients such as IBM Korea, SKC, Alien Technology Asia, KT Networks, NextID, Clavis Technologies combines its products, expertise, partnerships and integration capabilities to enable companies to effectively utilize the wealth of data captured by networked devices such as RFID readers or handhelds, extending the quality of valuable information to any device used by the companies or their customers.
To learn more about the Company, visit www.clavistech.com
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Clavis Technologies International Co., Ltd.
another hit at .059 .06 almost uppp
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