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Another factor if I will is the depreciated assets that will be converted to earnings will move the ROI through the roof. Don't forget all traded money goes through the controlled entity often noted as being the market maker.
One other thing to consider is the threat of patents being undermined after the product being released by the competition improving the product slightly to undermine the strength in the patent as well should the product run into difficulties the branding will be under mined were capital spent on advertising will be short lived after a years time and late investors will be at a much higher risk due to the above mentioned.
I can go on and on about the risk late investors take for the same capital investment as early investors put into the game and how delays could come into effect due these factors and late investors may have to underwrite further capital expenditure for establishing a product under a new brand as well as further R&D spending on the shoulders of the late investors were as by the filing of 8K's the early investors have left the arena with the bulls to the bears.
Due to fractional shares in five years time along with a period of interest paid on earnings that reflect the start of a new product cycle when sales are the greatest buying early in the cycle can be the most rewarding.
A lot of times many who come in at the end of a cycle on cheap shares based on phantom shares of a entity passed on due to debt owed through the purchase of bonds that are controlled by the entity in question and its officers.
Every one pays the same in the end were market timing in the beginning is every thing.
That didn't sound right depreciated assets " revenue tax gain "
http://www.investopedia.com/video/play/outstanding-shares/
Who the heck sold for $2. outstanding shares are shares owed to share holders by the officers for assets borrowed for collateral for additional debt. Underwriting is nothing but another term for collateral for debt. You can't borrow something without telling the owner you borrowed it. It falls under equity in the balance sheet and is the balance of unused collateral not used other then government, municipal bonds bought for there depreciated assets tax gains.
Keep this in mind once the bank holding the debt and assets as collateral in the whole cause as we know half of something is worth nothing as in half control of something means little unless you hold full control that does not mean the debt is of the value of the collateral.
When looking at the collateral the bank holds over and above the debt owed on the collateral there is the revenue generated by the deb in the way of interest were 1% interest after cost equals so much in collateral held because of the control of collateral the bank has for leverage of the debt.
So all those home loans that are 20% debt of the value of the collateral were the banks holds a plus position in the way of collateral were now they can use this position to buy government bonds using Joe.s unused collateral as collateral for the bond cause you the consumer has given them that right.
So what we have is the rich caring the debt of the ones who are over leveraged due to one the earning potential on the debt and unused collateral on debt outstanding.
I mention this cause an entity held by the officers of a company for the purpose of the liability debt works the same way as a bank using leverage on collateral not used by debt to buy bonds to create income and in turn unlock depreciated assets as a tax saving to the company behind the vail of an off shore entity under international insert-text-hererules.
So what I'm claiming is that all in the mater of the united states that all elected officers of the debt as well as collateral is elected by state officials as well as in Canada by the provinces registered in.
The shareholders of a public company only votes for the spokes men of the entity in control of debt and collateral. This individual could be the acting CEO or could be in name only were a name can come from many sources.
If an 8K is not filed by the company in question or has a government release statement of the party in question in full detail other then social security numbers ect. then they got the wrong man.
Goodwill is the representing of the unlocking of depreciated assets " capital surplus " by the selling of said assets or the sure unlocking of the assets by purchase of equity in the open market of a entity controlled by the entity controlling the liability debt of the public company.
Goodwill can't be stated unless funds are in place and placed into trust of a govern party of the government.
To protect investors of this act of shivery by the appointed officers of the people of the elected government in place of the entity in question.
Huge day I'm in with my buddies for a quarter of a share today if she pulls back some.
Its crazy I went from owning five million shares to owning one share for half of my capital input. Should this have a forward split or reverse don't much mater a split is a split I could break even depending on how large the split is. I can see nothing but a huge up side from here and the money coming in will be huge from dividends I would assume to offset the debt form the books driving again the stock up wards after the splits.
Apparently, you have to have 4 posts within 24 hours to be a moderator now.
Two
Apparently, you have to have 4 posts within 24 hours to be a moderator now.
Two
Five shares on Friday at $174-$175. Clearly, something is going on behind the curtain. The wizard is manipulating the levers while Dorothy, et.al., are asleep in the Poppy Field.
Wow this is the big league. Its like playing the $20 dollar blackjack table to what I play the $.0001 cent table. Little to rich for my blood.
One share at $185 yesterday and 10 shares at $10! I hope the 10 share lot was a market maker transaction of some kind.
You will note there were some sales yesterday at $185 per share. Unfortunately, this does not get reported because there were no lots of 100 which is apparently what it takes to change the bid/ask.
Are you suggesting there is come connection with Comtex other than distributing the news about Apple?
they're close to deal with applehttp://www.otcmarkets.com/news/otc-market-headline?id=15428837
You may be right about the odd trading activity, and I suspect only the company insiders, and maybe a few key shareholders, know what is really going on with CMTX. I think they probably made the right decision in going "pink", but it would be nice for us few remaining small investors if they would provide some type of disclosure at otcmarkets.com. Please post anything you find out if you are able to visit their offices.
http://www.otcmarkets.com/stock/CMTX/quote
This just may be a computer glitch of some sort. Was it an actual trade? I doubt it. I went on the Comtex website recently and it leaves a great deal to be desired. It is not updated and some links do not work. The SMARTrend website however is up dynamic and real time. Do you know of any other news? I still have many shares. I live in NY and will vist their offices sometime in the next month or so.
Trade! 147 shares at 2.00 (with the ask at $190)
Not sure whether to laugh or to cry.
http://www.otcmarkets.com/stock/CMTX/quote
Someday My Prince Will Come
Larry Morey
http://en.wikipedia.org/wiki/Larry_Morey
Someday I will find my prince
He may be far away
But I know he will come
Someday
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away
To call my own
Someday
Someday my prince will come
Someday I'll find a love
And how thrilling that moment will be
When the prince of my dreams comes to me
He'll whisper I love you
And steal a kiss or two
Though he may be far away
I will find my love someday
Someday we'll say and do
The things we've been longing to
And I'll know him the moment we meet
For my heart will start skipping a beat
Someday when my dreams come true
Somewhere waiting for me
There's someone I'm longing to see
Someone I can't help but adore
Who will thrill me for ever more?
Someday we'll say and do
The things we've been longing to
And I'll know him the moment we meet
For my heart will start skipping a beat
Someday when my dreams come true
Someday my prince will come
And I will find my love
And I'll know it the moment we meet
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away
To call my own
Someday
Prince of my dreams
Far away (Far away)
To call my own
Someday (Someday)
Prince of my dreams
Far away (Far away)
To call my own
Someday
Prince of my dreams
Far away (Far away)
To call my own
Someday
Comtex Publisher Partners
http://www.comtex.com/publishers.aspx
Comtex Names Kan Devnani CTO and Vice President
NEW YORK, Feb. 6, 2012
NEW YORK, Feb. 6, 2012 /PRNewswire/ -- Comtex News Network, Inc., a leading provider of economically useful electronic real-time news, content and SmarTrend® market products, today announced that Kan Devnani has been appointed to the positions of Chief Technology Officer and Vice President. As CTO, Mr. Devnani will design and lead the company's technology strategies, spearhead innovative product development and execution, and ensure the continued growth of technology security and infrastructure.
Mr. Devnani has extensive experience in the finance and investment banking industries, and brought Comtex more than a decade of valuable technology leadership, when he joined the company as Director, Technology in 2010. From 1998 until 2010, he served in various senior software engineering leadership positions at FactSet Research Systems, Inc., a leading supplier of financial information which combines global market data, public and private company data, and equity and fixed income information into a consolidated platform. During his time there, Mr. Devnani successfully started and executed aggressive product, technology and content integration initiatives.
"Kan has a proven track record of building strong, motivated IT teams with both in-house and offshore resources, and delivering innovative products and platforms for Comtex. We're thrilled to promote him to this key senior management position," said Chip Brian, President and CEO of Comtex. "2012 is a pivotal year in the company's journey with a focus on expanding its reach and scope through an aggressive corporate strategy and product roadmap. Kan's background and insight into building actionable content and user based products will propel our ambitious product strategy forward and help to accelerate the growth of our business," concluded Mr. Brian.
Kan Devnani stated, "Working for a company with such a strong commitment to consistent innovation and technology adoption is exciting to me and I am honored to accept the responsibilities of CTO and Vice President. Comtex has a solid history of creating and deploying products that use cutting edge technologies to deliver easy-to-use, intuitive, and empowering products to its clients. I look forward to helping Comtex continue on its path of building innovative proprietary products and platforms."
Mr. Devnani, 36, who also enjoys playing jazz saxophone, holds a B.S. in Mathematics and Computer Science from Carnegie Mellon University and lives with his wife in New York City.
About ComtexComtex (www.comtex.com) provides real-time news, Comtex SmarTrend¨ stock market products and other economically useful information. Comtex customers select CustomWires® content from key sources, which is further enhanced with stock tickers and an extended lexicon of relevant terms. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day. Comtex also provides proprietary SmarTrend products to investors, including a daily stock market preview (Morning Call), selected stock newsletters throughout the market day, and its premier platform, SmarTrend (available via subscription at www.mysmartrend.com). Comtex has offices in New York City; Boston, MA; and Alexandria, VA.
SmarTrend® and CustomWire® are registered trademarks of Comtex News Network, Inc.
Contact: Amber Gordon agordon@comtex.com703.797.8011
SOURCE Comtex News Network, Inc.
I suspect the markets may loosen up a bit during the next few months as the Fed floods new "electronic" dollars into the crony'd up big boy banking system, and we may actually see some activity in nano and micro stocks once again. Of course, a financial Armageddon is still solidly on the table, but we are probably a year or so in advance of that highly likely train wreck. In any case, CMTX may be in a relatively good position to score a few "freebie" Fed dollars considering our market savvy CEO is likely to be ahead of the curve with respect to how the crony game works. I just hope he doesn't exclude us "little" guys who have stuck with the stock through thick and thin. Surely, there must be a plan to allow our corporate principals to unlock some of their equity here, and hopefully, they won't care if we peons catch a few crumbs in the process. Heck, I might even sign up for the Premium SmarTrend service with sufficient proceeds from my shares.
Comtex News Network on Linkedin
http://www.linkedin.com/company/comtex-news-network
This waiting game on the economy is killing the nano cap markets where much of the new economic growth would be occurring. I suspect 2012 will be a turbulent year. Let's just hope it won't bring the end of free market capitalism as we have known it.
MORE NEWS!
SmarTrend® Previews Next Level of Popular Stock Trend Trading System: SmarTrend Professional™
Powerful Enhancements Redefine New Investing Tool
NEW YORK--(BUSINESS WIRE)--SmarTrend,® the unique mathematically-based and scientifically proven trend trading system, today announced the addition of SmarTrend PROFESSIONAL, a revolutionary product that delivers professional level investment insight at the user-friendly price of $249 per month. SmarTrend is offering a free 14-day trial in certain markets (www.mySmarTrend.com), and will roll it out nationally and internationally later this Fall. SmarTrend gained an international following by eliminating guesswork and emotion from stock trading decisions.
“Given the state of our economy and the volatility of the stock market, it’s more important than ever to bring investors all the trend-trading information they need to successfully navigate and profit under complicated market conditions.”
“We’re very excited about introducing our revolutionary, high end product. SmarTrend PRO delivers full trend-trading functionality normally found only at brokerage firms or hedge funds, but at a price point that makes it available to individual investors,” said SmarTrend Founder and CEO, Chip Brian. “Given the state of our economy and the volatility of the stock market, it’s more important than ever to bring investors all the trend-trading information they need to successfully navigate and profit under complicated market conditions.”
Using feedback provided by SmarTrend Advanced customers, SmarTrend’s product development team probed deeply into the wealth of market expertise and decades of trading experience from the SmarTrend Analytics Group and produced this groundbreaking product.
As with SmarTrend Advanced, the flagship platform used by thousands of investors, and Morning Call, our most basic product – a daily market preview letter, SmarTrend PRO provides a perfect fit to users’ needs, and answers key investor questions: Where are my best investing opportunities? Am I spending my time effectively to identify them? How can I optimize my investments?
The new features were specifically developed based on feedback from thousands of active SmarTrend users, including:
Trend Score: The proprietary number, from 0-99, that measures the statistical confidence in each Uptrend identified by SmarTrend. The higher the number, the more statistical significance has been found for that Uptrend. Trend Scores are only available to SmarTrend PRO users.
Stock Screening Tool: Allows users to quickly find the best trends based on their specific criteria including market capitalization, income, valuation and industry/sector. It also facilitates rapid tailoring of stock ideas and portfolios (e.g., if someone prefers to focus only on tech or utilities, or ETFs).
Market Outlook: This new, bold, graphic displays the SmarTrend short and long term view of the market as suggested by our proprietary indicators. Also included is insight and commentary from the SmarTrend Analytics Team.
Key Company Overview Facts: New table presenting market data pre-selected by the SmarTrend Analytics Group. We don’t waste your time with pages and pages of numbers – just the data necessary to make quick and reliable assessments of potential investments. We also provide consensus estimates and valuation metrics which are not readily available to individual investors.
SmarTrend PRO also features all the other essential elements of SmarTrend Advanced, including: Featured Trends (trading ideas from the SmarTrend Analytics Group); Premier Portfolios (pre-selected, specifically segmented groups of stocks); Quick Start Videos; Multiple Watchlists; Portfolio Downloads to CSV format; and fast Bulk Watchlist Editing.
SmarTrend eliminates guesswork and emotion from stock trading decisions. Every business day, SmarTrend issues hundreds of new UPTREND and DOWNTREND alerts, delivered with related news headlines when available, on more than 5,000 North American stocks included in the Comtex SmarTrend database. SmarTrend dynamically analyzes years of historical stock price data coupled with real-time current-day trading information, and sends resulting alerts indicating that a price trend change has been identified. Hundreds of technical factors are simultaneously analyzed to result in this unique price trend change notification system. SmarTrend is based upon proprietary automated time-price series pattern recognition technology developed over the past 25 years.
SmarTrend is available by monthly or quarterly subscriptions and a free product trial is available on the website (www.mySmarTrend.com).
About SmarTrend
SmarTrend (www.mySmarTrend.com) provides stock market trend analysis to help improve the timing and results of stock trading activities. Many trend trading systems use “moving averages” or “channel breakouts” to determine the general direction of the market and then generate trade signals on individual stocks. SmarTrend uses proprietary, pattern recognition technology to analyze more than 5,000 securities traded on the major U.S. exchanges and OTC / NASDAQ in real-time, scanning all securities every five minutes to determine changes in momentum. These changes in direction result in the identification of UPTRENDS and DOWNTRENDS, which SmarTrend provides as SmarTrend Alerts® to its users.
SmarTrend also produces market moving financial news segments that can be seen exclusively on the Internet at www.mysmartrend.com/stock-market-updates-video-news.
SmarTrend has offices in New York City; Boston, MA; and metro Washington, D.C.
SmarTrend®; SmarTrend Alerts®; SmarTrend Ratio®; and Trade The Trend® are registered trademarks of Comtex News Network, Inc.
Contacts
SmarTrend
Anthony Haney, 212-688-6240
ahaney@comtex.com
or
Amber Gordon, 703-797-8011
agordon@comtex.com
Release Versions
EON: Enhanced Online News
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NEWS!
September 08, 2011 10:45 AM Eastern Daylight Time
Comtex News Network Expands Relationship with Virtustream to Enrich Operational Efficiencies in the Cloud
Leading News Aggregation Service Sees Opportunities in Transition from Hosted Environment to the xStream Enterprise Cloud
BETHESDA, Md. and NEW YORK--(BUSINESS WIRE)--Virtustream, Inc., a leading Cloud Services Provider, today announced that Comtex News Network, Inc., a major distributor of economically useful electronic real-time news, content and SmarTrend® market products, has chosen to deploy on Virtustream’s enterprise cloud platform, xStream. Comtex selected the xStream platform to augment its computing infrastructure for the company’s global news and information business. As a result of this deployment, Comtex expects to significantly enrich efficiencies in resource utilization and further strengthen its world-class product reliability.
“The cloud provides an ideal medium for managing data among distributed systems compared to traditional electronic data interchange (EDI) methods, enabling us to move data among different systems and platforms to deliver superior performance across all lines of business”
“One of our core focuses has always been on the global delivery of real-time, reliable information and news to our clients at all times,” said Chip Brian, president and chief executive officer of Comtex. “The cloud has evolved over the last decade and the technology has now allowed it to gather sufficient momentum to provide greater flexibility and versatility.”
Comtex will migrate its core operating systems from an existing dedicated hosted environment in Virtustream’s data center onto the xStream enterprise cloud. The move coincides with a technology refresh cycle, which presents an opportune time for a transition to a cloud-based solution to remove the burden of updating or replacing aging on-premise physical servers. The company also plans to transition certain corporate data and applications to the cloud to further strengthen business continuity and availability of critical business resources.
“The cloud provides an ideal medium for managing data among distributed systems compared to traditional electronic data interchange (EDI) methods, enabling us to move data among different systems and platforms to deliver superior performance across all lines of business,” said Kan Devnani, director of technology, Comtex. “Our news and data delivery is supported by utilizing best of breed technologies and partnering with industry experts that deliver enterprise-class performance with strategic managed services. xStream provides the robust infrastructure necessary to further support our business with the guaranteed uptime Comtex customers rely on – plus on-demand capacity to flexibly accommodate the shifting needs of publishers and clients.”
With xStream, Comtex is able to outsource aspects of its infrastructure provisioning and maintenance and, as a result, the business can refocus IT staff on its innovative products and technology development projects. xStream is a hypervisor-agnostic hybrid enterprise cloud platform that was designed and developed with industry leading cloud IP based on Virtustream’s more than a decade of virtualization experience. xStream was architected with a focus on the intense requirements necessary to run complex enterprise applications and is backed by industry leading SLAs.
“As an early adopter of sophisticated virtualization technologies, Comtex looked to xStream’s innovative cloud provisioning architecture to support its evolving business needs,” said Rodney Rogers, chairman and chief executive officer, Virtustream. “xStream has the ability to uniquely run fully isolated and securitized private cloud environments within its core multi-tenant architecture. This allows Comtex to realize the pricing and elasticity advantages of public cloud technologies while also maintaining the performance and security benefits afforded by a private cloud. This has proven to be an effective natural progression for businesses currently hosting data and applications in dedicated environments that are now looking to leverage the benefits of the cloud.”
About Virtustream
Virtustream (www.virtustream.com) is an innovative cloud provisioning firm committed to delivering next-generation infrastructure services to enterprise class customers. We leverage our secure high performance platform, xStream, to deliver highly available and elastic compute resources at true consumption-based pricing. We lead our Cloud Platform Services with Cloud Advisory Services, providing expertise in the areas of cloud adoption, migration and architecture strategies and infrastructure-related integration services. We provide ongoing support for our Cloud Platform Services through two groups: our Cloud Cover team provides a managed service, from core infrastructure through enterprise applications and the Cloud Staging and Networks group that provides colocation, security and network services. Virtustream owns and operates its own data centers in the U.S. and U.K., and has offices in Washington, D.C., New York, San Francisco, Atlanta, London, Dublin and the Channel Islands. Keep tabs on us with Twitter: www.twitter.com/rjrogers87 and www.twitter.com/Virtustream360.
About Comtex
Comtex (www.comtex.com) provides real-time news, Comtex SmarTrend® Alerts and economically useful information. Comtex customers receive select content from key sources which is further enhanced with stock tickers and an extended lexicon of relevant terms. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day. Comtex also provides proprietary SmarTrend products to investors, including a daily stock market preview (Morning Call), selected stock newsletters throughout the market day, and its premier platform, SmarTrend OWL (available via subscription at www.mysmartrend.com). Comtex has offices in New York City; Boston, Massachusetts; and Alexandria, Virginia.
SmarTrend® is a registered trademark of Comtex News Network, Inc.
Contacts
Virtustream:
Virtustream, Inc.
Sally A. Egan, 267-613-8218
sally.egan@virtustream.com
or
Schwartz Communications
Mercedes Carrasco, 781-684-0770
virtustream@schwartz-pr.com
or
Comtex:
Amber Gordon, 703-797-8011
agordon@comtex.com
or
Kan Devnani, 212-688-6240
kdevnani@comtex.com
The Financial News Network appears to be a new product for Comtex.
http://www.fnno.com/legal-notices
http://www.fnno.com/
I hope Chip battened down the hatches for this weekend!
Yes, but the fiscal forecast is still showing a terrible storm brewing, and seasoned pilots well know the danger of departing in the face of such turbulence. Should the skies begin to clear, and more favorable market winds begin to blow, methinks Captain Brian will unfurl the sails and embark on exciting new adventures for the good ship CMTX. In Camelot, our good and benevolent king has, over the past few years, filled the coffers of certain "most favored" subjects, and their treasure chests are literally filled to overflowing with silver and gold - a bounty for the taking by those who hold the "right" maps.
Graat analogy. I shall remain on the placid waters of Golden Pond awaiting for the tide and wind to move us forward again. Hopefully we will not have to wait too much longer
I suspect CMTX will eventually navigate back to the ocean of capital only available in the public markets. I seriously doubt our major holders will remain satisfied indefinitely with this privately docked model. Turbulence in political and financial waters has sent many micro caps into safe harbors or to the bottom of the fiscal sea, but our captain, Chip Brian, seems like a pretty smart guy, and now that we're beginning to see gathering clouds of real federal fiscal responsibility on the horizon, things might get interesting for companies run by people who can tell which way the wind is blowing. Big change usually means big opportunity, and I'm guessing Captain Brian is waiting for the "right" weather before hoisting the main sail.
I'm still here but absolutely nothing to report. I wish I knew what or if any plans or progress was being made with this company. You seem to have the pulse if there even is one.
Bid $7.10 / Ask $1220.00; now that's what I call a spread!
Merry Christmas and Happy New Year, to all those left on our lonely little message board.
Media Relations - The African Press Organization Announces an Alliance With Comtex, the Leading Provider of Real-Time Content for Investors
DAKAR, Senegal, November 19, 2010 /PRNewswire/ -- The African Press Organization (www.apo-opa.org ) announced today an alliance with Comtex News Network, Inc. (http://www.comtex.com ) for the distribution of its Africa-related wire services via Comtex.com.
Through an agreement with Comtex, the leading provider of real-time content for investors, news releases issued by enterprises, governments, political and economical organizations, NGOs and United Nations duty stations across Africa concerning the continent's economical, political, legal and social events and news will be made available to thousands of professionals worldwide.
"Through this new partnership with Comtex, we shall be providing a greater visibility of our clients' news releases ( http://www.apo-opa.org/en/our-clients), in particular to the global business community," says Nicolas POMPIGNE-MOGNARD, APO's Secretary-General.
"This new alliance with Comtex further enriches APO's portfolio of strategic partners, and thus, reinforces our position as global leaders in the dissemination of economic news related to Africa," added Nicolas POMPIGNE-MOGNARD, considering that the African Press Organization has proved once again to be the mouthpiece of the African economy across the world and continues to strengthen its position as the global leader in the distribution of Africa-related news.
According to the President of the African Development Bank Group (AfDB), Donald Kaberuka, the dissemination of economic information related to Africa participates in the development of the African continent.
The African Press Organization is already engaged in active partnerships with PR Newswire, global leader in news and information distribution services for professional communicators (http://www.prnewswire.com ), LexisNexis, the worldwide leader in legal and News & Business information ( http://www.lexisnexis.com ), BurellesLuce, a 120-year-old media-monitoring service provider located in the U.S. (http://www.burrellesluce.com ), A24 Media, Africa's first online delivery site for material from journalists, African broadcasters and NGOs from around the continent ( http://www.a24media.com ), Afrik.com, the first web source of francophone African news, receiving over five million visitors each month ( http://www.afrik.com ), Afrik.news.com, The English section of Afrik.com ( http://www.afrik-news.com ), and Afribiz.info, a media outlet that provides information about doing business and investing in Africa. ( http://www.afribiz.info).
Comtex News Network, Inc. is a leading news aggregation service that has successfully provided satisfied customers with customized news and content for more than two decades. A leading provider of compelling and useful electronic real-time news and content, Comtex has developed the methods and technology to meet constantly shifting demands of publishers and clients. http://www.comtex.com
About the APO
APO is the global leader in media relation services in or related to Africa and partners notably with PR Newswire, LexisNexis. APO has its headquarters in Dakar (Senegal) and its Regional Office for Europe in Lausanne (Switzerland).
http://www.apo-opa.org
Contact :
Jennipher TAMBADOU
Business Development Manager
Tel.: +221-33-829-64-33 - Skype : apo-opa5
Email: bdm1@apo-opa.org - http://www.apo-opa.org
The ask is holding at $1220.00 today, but NITE shows just 5 shares which may be the reason for the pricing.
I'm inclined to believe it is an anomaly, but I'm at a loss to explain how such a thing could happen. I suspect the market makers are the only ones who know for sure.
I think we just had a pop quiz in "mechanics of investing" class and we failed. It looks a though there is a rule concerning the size of an order which is preventing your buy from being reflected.
REPLY FROM TD WATERHOUSE
For any stock a round lot is 100 shares. As far as reflection, a minimum of 100 shares is needed with the exception of an otc bulletin board or pink sheet stock. If a penny stock is trading between .00 and .50, you need to have 5000 shares to be reflected. Between .51 and 1.00, 2500 shares is needed to be reflected.
I have not seen any sign of your buy at $300 on any quotation site, and I have submitted a question to my broker, TD Ameritrade, asking how this is possible. I would urge you to do the same with your broker, because getting the sale to show up might bring some attention to our currently undervalued holding.
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Comtex News Network, Inc. is a wholesaler of real-time news and related content for major financial and business information distributors. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines, filters and distributes news and content received from more than 10,000 national and international news bureaus, agencies and publications. The three main product lines produced and distributed by it are: CustomWires(r) - subject-specific newswires compiled from national and international news bureaus, agencies and publications. Presented in a variety of subject combinations, including energy, finance, international and public company information, CustomWires(r) enable distributors to receive news relevant to their target markets; Comtex TopNews - editorially selected top news stories of the day. A range of news story options, including financial markets, vertical markets, general market and world news; and Publisher Full Feeds - delivery from a specific publisher that provides distributors with the complete content offering from that publisher. Comtex has three categories of customers: Co-Brands - Distributors who host financial and business oriented websites on behalf of large financial institutions and major corporations. Distributors electronically query Comtex computers every few seconds to retrieve and use Comtex news content to service their co-brand partners; Databases - These clients have enormous repositories of information; their end-users log on to these systems, conduct complex searches, and are charged for usage. The database accounts also electronically query Comtex computers every few seconds to download Comtex data into their databases; and Per Seat/Enterprise Applications - These clients market to professional investors - either individuals or institutions. Real-time news and information are paramount, so these clients typically use dedicated technology methods to electronically push Comtex data to customers' computer systems on a continual basis. The Company uses a proprietary real-time content processing system designed to process and enhance real-time data. Its competition includes integrators and distributors of news and related content, national and international electronic news and information services, and traditional content providers seeking direct relationships with distributors. At June 30, 2006, Comtex had approximately 25 full-time employees
Notice of Special Meeting of Stockholders
| 1. | To elect two directors to serve for a term expiring in 2013 and until their successors are duly elected and qualified; |
| 2. | To approve an amendment to the Company’s Certificate of Incorporation which would effect a reverse stock split pursuant to which each 1,000 shares of the Company’s outstanding Common Stock, par value $0.01 (“Common Stock”), will be converted into one share of Common Stock (with stockholders owning less than one share of Common Stock after giving effect to the reverse stock split receiving a cash payment of $0.29 per pre-split share) (the “Reverse Stock Split”); |
| 3. | To approve an amendment to the Company’s Certificate of Incorporation which would permit actions of the Company’s stockholders to be taken by written consent; |
| 4. | To ratify the appointment of Turner, Stone & Co. LLP as independent auditors for the Company for fiscal year 2010; and |
| 5. | To transact such other business as may properly come before the meeting and any adjournment thereof. |
FOR THE BOARD OF DIRECTORS | |
S. Amber Gordon Corporate Secretary |
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