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This is one strange bird. Few shares moving here and there.
XCDC(2006/12/13)
Time (EST) Volume Price Exchange Bought/Sold Tran/Type Legend
13:29:00 2700 0.13 - OTCEQ_NBB
12:28:48 4245 0.17 + OTCEQ_NBB
12:24:57 150 0.14 - OTCEQ_NBB
11:57:03 1900 0.18 - OTCEQ_NBB
11:57:03 4000 0.19 + OTCEQ_NBB
09:48:54 217 0.13 - OTCEQ_NBB
09:43:57 1700 0.15 + OTCEQ_NBB
09:30:12 1000 0.13 OTCEQ_NBB
We have no filings to check the capital structure, or anything else. I called the TA a little while back and they do not give out any info.
Want to hear something else funny? I called the # on the Nannergy Website to order the nano house # thingy ( http://www.nanergyinc.com/purchase.html ), and when I called the guy on the other end with the funny accent had never heard of Dr. Kiss, nor Xacord. What's even funnier is now they have added a note that says something to the effect of "Order's Only!". lol Go figure!
rrufff, it's interesting trading on level 2 today. someone wants cheaper shares so they are hitting the bid with 217 and 150 share orders trying to drop it. lol
others are ponying up and paying .19/share.... seems like something is up. nice volume today.
Happy Turkey Day! And be sure not to eat a flamingo no matter how it is prepared!
Here is our TA....and yes, they are gagged...surprised?
http://www.amstock.com/main/nav_contactUs.asp
PC, it didn't go from nngy to xcdc. I went from nngy to xcrd.
Interesting to say the least. The one thing it has going for it is that it has kept a pretty decent price range since the reverse, which is typically a killer, although 1/20 is less than the usual so perhaps we have a management that isn't using this as a dumper and really intends to make a go of it.
mr. rrufffster,
mighty fine of you to join us. I'll see what I can find, but I do not think they did what they said they were going to do....shame on them!
Hi Creede - thanks for sitting this board. I stopped following the company but have a couple of shares left from the prior iteration.
Does anyone have any info on the spinoff mentioned in the PR's back a few months?
Please do. Nano looked at his statements and this is what he posted.
Posted by: nanopatent
In reply to: Creede Bighorns who wrote msg# 7 Date:11/10/2006 5:20:15 PM
Post #of 45
Just checked my broker statements:
July 12, 2006 NNGY>XCRD 1/1
Aug. 16, 2006 XCRD>XCDC 20/1
That jives with pinksheets. Can you give dates? TIA
looking at the paperwork 40/1 can show you if you like
Not being rude .
That's where I edited out your phone #.
I still think that it's a 20 to 1. Check this:
http://www.pinksheets.com/quote/company_profile.jsp?symbol=XCDC
Estimated Market Cap: Not Available
Current Capital Change:
shs decreased by 1 for 20 split
Ex-Date:
Record Date:
Pay Date: 2006-08-11
Dividends:
Mr. Creede,
What did i miss? If it was about Tina I was only kidding. I even told her so. Also said i was sorry. I have to learn to edit my posts before i commit them.
I don,t see post #29. Was it bad?
and yes it was 40/1
Posted by: pocket change
In reply to: None Date:11/15/2006 4:37:51 AM
Post #of 41
ok i,m mad now i just poured my heart out and it didnt post. Dammittt! By the way, my dad started this board. I have no idea why my post didn,t take, Sorry for the duplicates here. Mr. bighorns, again i thank you for carrying on. Dad would love it!
Also, if you are ok with that i,d like to check in from time to time
I said i was sorry. I don,t get to skip often. Saw you are a moderator on bkmp. How,s that one going?
I only want to get rich once!
I said that i didn,t think you liked me cause i read his pm,s/emails after he passed.
Why in the world would you say that?
I've never talked to you before. I have talked to your "father" several times but not you.
He use to PM me about you all the time saying how proud he was of you and wanted you to do well in SCHOOL.
"sometimes i get to cheat...hehehe"
As far as me working, I'm a 40 year old "adult" on an adult stock board.
sometimes i get to cheat...hehehe
my edit,,,,Tina Marie, i am sick today. My doctor said so. I don,t think you care for me much. Is there a problem?Plus i have dads paperwork. How about you? Why aren,t you at work? Sorry,i didn,t mean that
your office? don't you go to school?
I have a 13 yr old too that's normally in school during these hours.
I,d be lying if i said i,m positive about the 40/1 split, but believe i am correct. Let me check when i get back to our office
I think it was a 20 to 1 .... right?
http://www.investorshub.com/boards/read_msg.asp?message_id=14705556
Hi! That split (40/1) was right when it changed from nngy to xcdc. I,m not in my office at the moment so i,m not exact on the date, but it was about 4 months ago. I,ll give you the date later when i have a chance. Best to you and all
my edit.... my dad was in nngy for almost two years, until he passed. I,ll give you any info you need that i can dig up. I could log in with his user id,(to update the IBOX) but that doesn,t seem right
I didn't see the 40 for 1....when was that? TIA
Hi! Yeah, drop the number if you like. It is our company number though. One thing that struck me was the dog barking during the last conference call(dr. kiss)when this was nngy. Red flag for me. Did dad care? NOOOOOOooooooo. I think he bought at around 35cents. (looking at his old paperwork it was .34) I saw dad was still the mod here. You may want to have matt fix that. I,m sure my dad would understand, but thats up to you. Anyway i hadn,t thought about this stock for a while. That last 40 to 1 R/S kinda did me in for this one. Dad liked it though, and i don,t know why. He lost big time on this one. I still have shares from when it was nngy. Maybe one day they,ll be worth something again. Best to you, and it,s great to see some activity on this board!
Hey PC,
very sorry to hear about you dad. Hope your family is doing o.k.
I have to say that I don't know very much about this stock....i guess few do. There is not much info available at the moment, but hopefully in time, we will know more. If you will notice, your father is still the moderator on the thread, I am just the assistant. Feel free to drop in any time you would like.
BTW - I think it might be best if we delete your phone # from the threads....not everyone in cyberspace stays on their best behavior. I can cut and paste your post, and just drop the #, if you like.
I see that. No way I pay .20 for this stock at this time. It hit .055 just a few weeks back.
XCDC - the b/a move fast on any little volume. I don't think there are many shares available.
Zig, got it. Thanks.
XCDC - Metaccord info........
from the 3GSM World Congress 2006 Technology Transfer Day on Feb 2/06.
Metaccord Systems LTD is on pages 178 to 182.
http://www.ircnet.lu/src/events/uploads/Cataleg20060123.pdf
What exactly is this?
http://www.xacord.com/
XCDC - Nanergy Press Release Jun 9/06
http://www.nanergyinc.com/June_9_2006.htm
Beito, Inc., Formerly a Wholly-Owned Subsidiary of Nanergy Inc., Announces Acquisition of Nanotechnology Assets From Nanergy, as Well as Certain Additional Patents Relating to Nanotechnology; Appointment of New Board of Directors and Management; and Change of Name to Nanergy, Inc.
NEW YORK, NEW YORK- (BUSINESS WIRE) - June 9, 2006 – Beito, Inc. today announced that effective May 15, 2006 it has acquired all of the nanotechnology assets from Nanergy Inc. (renamed to Xacord, Inc.) and has changed its name to Nanergy, Inc. Beito will now operate under the Nanergy Inc, name and will continue to develop consumer products that harness nanotechnology.
Dr. Zoltan Kiss and Mr. Robert Rubin became directors of the Company and Dr. Kiss was appointed as President and Chief Executive Officer of the Company.
In consideration for the transfer of the assets, Xacord issued 25,973,517 shares of Beito to certain former shareholders of Xacord in consideration for the waiver by them of accrued but unpaid sums owed to them by Xacord.
The Company has agreed that, in order to provide an opportunity for the shareholders of Xacord to receive maximum value for their remaining investment in the Company, to register the 24,212,939 shares of common stock of the Company held by Xacord for distribution to the shareholders of Xacord, on a pro rata basis. In order to accomplish this, the Company plans to register these securities, to become a registered reporting company with the Securities Exchange Commission and to seek to obtain a listing on a US-based securities market.
As the result of these transactions, the Company has approximately 50,000,000 shares outstanding.
This transaction was completed in conjunction with the determination by Xacord to pursue an opportunity to acquire all of the shares of Metaccord Inc., whose sole asset is Metaccord Ltd., an Israeli corporation specializing in platform software for the wireless and communications industries. Since the business of Metaccord and the business of Nanergy were significantly different, the Board of Directors of the Xacord determined that it was in the best interests of its shareholders to reorganize the company by way of the transaction to allow each of the companies to focus on their own business and exploit the talents of their respective management teams.
Dr. Kiss stated that the direction of Nanergy’s business will not change, staying with its plan as now outlined on the Company’s website www.nanergyinc.com. Nanergy’s goals continue to be:
* Continue the research on hydrogen storage in carbon nanotubes and nano-materials
* Make the Company profitable as rapidly as possible with the present line of consumer products using “PV nanofilms”™
About Nanergy Inc.
Nanergy Inc. is a developmental stage company headquartered south of Princeton, NJ. Its focus is on developing exciting consumer products that harness nanotechnology, and especially photovoltaic nanofilms, while conducting ongoing research in storing hydrogen using carbon nanotubes. Its new corporate website is still being developed but is available for viewing at http://www.nanergyinc.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," "seeking to," "negotiating to" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
Roger W. Amidon
Nanergy Inc.
(609) 434-0900
Rogerwa@nanergyinc.com
Nanergy news Jun 9/06 from web site.......
http://www.nanergyinc.com/news.html
"June 9, 2006 - In our efforts to focus our company, there have been some developments taking place. Please read our press release for further details.
Click here for the press release.
Dr. Zoltan Kiss explains: Originally, Nanergy Inc. was formed by merging the assets of a public shell named Objectsoft and high technology assets contributed to the merged venture by the technology companies RESI and Accusealed.
In layman’s terms, the old Nanergy has been separated into two parts (after the legal documentation was completed). The part of the company owned essentially by the old shareholders of Objectsoft will now operate under the name of Xacord while the second part of the original company, the part which was involved in nano technology, will continue to operate under the Nanergy, Inc. name. The public shareholders of the original company, once the documentation has been completed, will hold shares in both Xacord and Nanergy, and both will continue as separate operating companies. (revised on June 13, 2006)"
Can you find anything in cyber world that makes you think that Metaccord does anything?
XCDC news Jun 8/06.....
http://www.marketwire.com/mw/release_html_b1?release_id=134367
Nanergy Inc. Shifts Business Focus, Disposes of Nanotechnology Business and Spins Off Remaining Ownership to Shareholders
NEW YORK, NEW YORK -- (MARKET WIRE) -- June 08, 2006 -- Changes Name to Xacord, Inc., Elects New Director, and Signs Letter of Intent to Acquire Metaccord, Ltd., a Developer of Wi-Fi and Cellular Platform Software
Nanergy Inc.(PINK SHEETS: NNGY) today announced that, effective May 15, 2006, it has transferred all of its nanotechnology assets to Beito, Inc., a subsidiary, which has been renamed Nanergy, Inc., and that it has changed its name to Xacord.com. The Company has also issued 25,973,517 shares of the subsidiary to certain shareholders of the Company in consideration for the waiver by them of accrued but unpaid sums owed to them by the Company. In connection with the transaction, Dr. Zoltan Kiss and Mr. Robert Rubin resigned as directors of the Company, and Dr. Kiss resigned as President and Chief Executive Officer of the Company. Dr. Kiss and Mr. Rubin became directors of the subsidiary and Dr. Kiss was appointed as President and Chief Executive Officer of the subsidiary. Mr. Moshe Gluzman a Director of the Company and previous president was named the President and Director of the Company and Raziel Yosef was elected a Director and Secretary.
The Company also announced that Metaccord Acquisition Corp., a newly-formed subsidiary of the Company, has entered into a letter of intent to acquire all of the shares of Metaccord Inc., whose sole asset is Metaccord Ltd., an Israeli corporation specializing in platform software for the wireless and communications industries. Upon closing of the acquisition, Metaccord Inc. will be the surviving entity and will become a subsidiary of Xacord.
Further, in order to provide the opportunity for shareholders to receive maximum value for their investment, the subsidiary has agreed to register the 24,212,939 shares of common stock of the subsidiary held by the Company for distribution to the shareholders of the Company, on a pro rata basis.
The shares will be distributed as soon as practicable after a registration statement covering the distribution of shares has been filed by Nanergy with the SEC and has been declared effective. Each shareholder of record of Xacord at that time will receive a pro rata share of the 24,212,939 shares in the subsidiary owned by the Company.
Xacord has engaged an accounting firm to prepare the books of the Company for an audit, and it intends to post its audited statements on www.pinksheets.com and on its website www.xacord.com as soon as possible.
About Xacord Inc.
Xacord is the parent company of Metaccord and Nanergy. The 24,212,939 shares of Nanergy held by Xacord are being spun off to the shareholders of Xacord after a registration statement covering the distribution of shares has been filed by Nanergy with the SEC and has been declared effective.
About Nanergy Inc.
Nanergy Inc. is a developmental stage company headquartered south of Princeton, NJ. Its focus is on developing exciting consumer products that harness nanotechnology, and especially photovoltaic nanofilms, while conducting ongoing research in storing hydrogen using carbon nanotubes. Its new corporate website is still being developed but is available for viewing at http://www.nanergyinc.com.
About Metaccord Ltd.
Established at the end of 2001, Metaccord Systems has developed a software platform for the wireless and cellular industries to automate the rapid delivery and deployment of third-party services and content. The platform facilitates the creation of a rich diversified service offering for customers by streamlining the creation and management of partnerships between mobile telecom carriers, Wi-Fi operators, and large numbers of partners, including wireless application and content providers.
Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," "seeking to," "negotiating to" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contacts:
Premier Media Service LLC.
Heather Kerwin
(480) 649-8224
hkerwin@premierfundingservice.com
SOURCE: Nanergy Inc.
XCDC news Jun 9/06........
http://www.marketwire.com/mw/release_html_b1?release_id=134584
Xacord, Inc.(Formerly Nanergy Corp.) Signs Binding Letter of Intent With Metaccord, Inc., Developer of Software for WiFi, Wide-Area WiFi and HotSpot Industries
NEW YORK, NY -- (MARKET WIRE) -- June 09, 2006 -- Xacord, Inc. (PINKSHEETS: NNGY) (formerly Nanergy Corp.) announced that Metaccord Acquisition Corp., a newly-formed subsidiary of the Company, has entered into a binding letter of intent to acquire all of the shares of Metaccord Inc., whose sole asset is Metaccord Ltd., an Israeli corporation specializing in platform software for the wireless and communications industries. Upon closing of the acquisition, Metaccord Inc. will be the surviving entity and will become a subsidiary of Xacord.
About Metaccord Ltd.
Established at the end of 2001, Metaccord Systems has developed an innovative software platform for the wireless, WiFi, Wide-Area WiFi and HotSpot industries to automate the delivery of third-party wireless services and content. The platform facilitates the rapid creation of a rich diversified service offering for customers by streamlining the creation and management of partnerships between mobile telecom carriers, Wi-Fi and Wide-Area Wi-Fi and HotSpot operators, and large numbers of partners, including wireless application and content providers. In addition the platform's unique service and system emulation and simulation facilities ensure that the new services and content will not adversely affect the operator's network or damage and conflict with other revenue generating applications and services. The streamlining of this process enables industry players to greatly reduce time to market, maximize return on investment (ROI) and reduce revenue leakage , by enhancing revenue streams and customer relationships while minimizing the IT and HR costs associated with partnership management.
Highlighted Links
Nanergy Inc.
Metaccord Ltd. was incubated at the Jerusalem College of Technology. It has been approved for matching funding by the Chief Scientist of Israel, and has entered into a strategic partnership with Telefonica, the Spanish telecommunications company. The project with Telefonica runs through 2007 and is focused on P2P mobile services and applications. It is part of the Celtic consortium headed by Telefonica Spain. Metacord has begun to look at future target markets and has been able to incorporate new platform elements such as billing module which it highlighted in February as part of 3GSM World Congress 2006 Technology transfer day (http://www.ircnet.lu/src/events/uploads/Cataleg20060123.pdf).
About Nanergy Inc.
Nanergy Inc. is a developmental stage company headquartered south of Princeton, NJ. Its focus is on developing exciting consumer products that harness nanotechnology, and especially photovoltaic nanofilms, while conducting ongoing research in storing hydrogen using carbon nanotubes. Its new corporate website is still being developed but is available for viewing at http://www.nanergyinc.com
About Xacord Inc.
Xacord is the parent company of Metacord and Nanenergy. Nanergy is being spun off to its shareholders.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," "seeking to," "negotiating to" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contacts:
Premier Media Service LLC.
Heather Kerwin
(480) 649-8224
hkerwin@premierfundingservice.com
SOURCE: Nanergy Inc.
2 years later, and metaccord has not finished it's website....red flag?
http://www.metaccord.com/pages/2/index.htm
http://www.investorshub.com/boards/read_msg.asp?message_id=11508427
Posted by: asthmaed
In reply to: None Date:6/8/2006 11:00:19 PM
Post #of 964
Someone was interested in Metaccord in 2004......
ICOA Signs LOI to Acquire Metaccord, Ltd., an International Wi-Fi Management Software Provider
Distribution Source : PrimeZone Media Network
Date : Monday, February 09, 2004
WARWICK, Rhode Island, Feb. 9, 2004 (PRIMEZONE) -- ICOA, Inc., (OTCBB:ICOA), today announced it has signed a letter of intent to acquire Metaccord, Ltd. www.metaccord.com, the privately-held developer of "Wi-Fi partnership management" software for Wi-Fi providers. Founded in 2001, Metaccord is funded and backed by the Jerusalem College of Technology, one of Israel's leading schools of engineering, and Israel's Office of the Chief Scientist which invests in promising hi-tech companies.
ICOA is leveraging its growing relationships with Wi-Fi providers and its track record for installing superior Wi-Fi network solutions, to offer Metaccord's recently developed partnership management solution to the growing number of operators providing Public Wi-Fi access world-wide.
"We have become a major Wi-Fi service provider to North American airports, hotels, quick service restaurants, and marinas," stated George Strouthopoulos, CEO of ICOA. "By acquiring Metaccord, we are able to serve the growing number of Wi-Fi Hot Spot operators throughout the world with an innovative software solution enabling them to test and deploy, in cooperation with their partners, new services, applications, and content in a radically reduced time and cost framework as well as to reduce revenue leakage," he elaborated.
"This is a great opportunity for Metaccord," commented Yitzhak Weiss, CEO of Metaccord," by merging with ICOA, an important player in the Wi-Fi market, we will now have the resources and technical infrastructure to grow rapidly worldwide."
According to Weiss, "Beyond their current connectivity services which require the creation of roaming agreements, leading wireless operators such as ICOA are beginning to focus on new service and content offerings, to offer their customers the most robust user experience possible and drive revenues. These efforts create new and complex financial and control requirements concerning issues such as pricing models, revenue sharing, settlement and Service Level Agreement's. Until Metaccord, there has been no software platform which addresses these complexities.
Potential customers of Metaccord's software platform include Wi-Fi operators, Wi-Fi integrators, and major mobile telecom carriers around the world. As Wi-Fi and cellular industries converge, the need to create new revenue models and ease integration between Wi-Fi and telecom operators as well as with their third-party content and service providers becomes crucial.
The agreement is still subject to completion of due diligence and execution of a definitive agreement. Terms were not announced.
About ICOA
ICOA, Inc., www.icoacorp.com located in Warwick, RI, is a provider of Public Broadband Internet Access. The company operates private networks of high-speed Internet Terminals (WebCenter3000TM), and Wi-Fi Hot Spots, in 204 locations nationwide. ICOA operates in the most sought after public locations -- airports, hotels, marinas, transportation and conference centers. The Company provides fully managed broadband Internet access allowing services including: e-mail, e-fax and telephony; business services including printing; e-commerce; and 'venue specific' advertising. ICOA currently operates or manages installations at the San Francisco International Airport (SFO), the Greater Baton Rouge, Louisiana Airport (BTR), Sacramento International Airport (SMF), Rhode Island's Newport Harbor 'Hot Zone', several prestigious Hotels and 130+ Panera Bread (Nasdaq:PNRA) -- www.panerabread.com locations.
About Metaccord
Metaccord Systems Ltd. www.metaccord.com provides a partnership management software platform to wireless operators enabling them to create, implement and manage relationships with large numbers of partners. The platform automates key aspects of drafting, negotiating and implementing agreements such as pricing models, revenue sharing, settlement and SLA's between operators and the full range of their partners including third-party content providers, application providers, service providers, and other operators. The agreements produced by Metaccord's platform are smart electronic documents which automatically generate the code to configure the operator's systems, including billing, payment and settlement, according to the terms and conditions agreed upon. Founded in 2001, Metaccord is funded and backed by the Jerusalem College of Technology, one of Israel's leading schools of engineering, and Israel's Office of the Chief Scientist which invests in promising hi-tech companies.
'Safe Harbor'
The foregoing contains "forward-looking statements" which are based on management's beliefs as well as on a number of assumptions concerning future events and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside ICOA's control that could cause actual results to differ materially from such statements. For a more detailed description of the factors that could cause such a difference, please see ICOA's filings with the Securities and Exchange Commission. ICOA disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of ICOA.
CONTACT: ICOA, Inc.
Erwin Vahlsing, Jr.
(401) 739-9205
Posted by: asthmaed
In reply to: None Date:6/8/2006 11:00:19 PM
Post #of 964
Someone was interested in Metaccord in 2004......
ICOA Signs LOI to Acquire Metaccord, Ltd., an International Wi-Fi Management Software Provider
Distribution Source : PrimeZone Media Network
Date : Monday, February 09, 2004
WARWICK, Rhode Island, Feb. 9, 2004 (PRIMEZONE) -- ICOA, Inc., (OTCBB:ICOA), today announced it has signed a letter of intent to acquire Metaccord, Ltd. www.metaccord.com, the privately-held developer of "Wi-Fi partnership management" software for Wi-Fi providers. Founded in 2001, Metaccord is funded and backed by the Jerusalem College of Technology, one of Israel's leading schools of engineering, and Israel's Office of the Chief Scientist which invests in promising hi-tech companies.
ICOA is leveraging its growing relationships with Wi-Fi providers and its track record for installing superior Wi-Fi network solutions, to offer Metaccord's recently developed partnership management solution to the growing number of operators providing Public Wi-Fi access world-wide.
"We have become a major Wi-Fi service provider to North American airports, hotels, quick service restaurants, and marinas," stated George Strouthopoulos, CEO of ICOA. "By acquiring Metaccord, we are able to serve the growing number of Wi-Fi Hot Spot operators throughout the world with an innovative software solution enabling them to test and deploy, in cooperation with their partners, new services, applications, and content in a radically reduced time and cost framework as well as to reduce revenue leakage," he elaborated.
"This is a great opportunity for Metaccord," commented Yitzhak Weiss, CEO of Metaccord," by merging with ICOA, an important player in the Wi-Fi market, we will now have the resources and technical infrastructure to grow rapidly worldwide."
According to Weiss, "Beyond their current connectivity services which require the creation of roaming agreements, leading wireless operators such as ICOA are beginning to focus on new service and content offerings, to offer their customers the most robust user experience possible and drive revenues. These efforts create new and complex financial and control requirements concerning issues such as pricing models, revenue sharing, settlement and Service Level Agreement's. Until Metaccord, there has been no software platform which addresses these complexities.
Potential customers of Metaccord's software platform include Wi-Fi operators, Wi-Fi integrators, and major mobile telecom carriers around the world. As Wi-Fi and cellular industries converge, the need to create new revenue models and ease integration between Wi-Fi and telecom operators as well as with their third-party content and service providers becomes crucial.
The agreement is still subject to completion of due diligence and execution of a definitive agreement. Terms were not announced.
About ICOA
ICOA, Inc., www.icoacorp.com located in Warwick, RI, is a provider of Public Broadband Internet Access. The company operates private networks of high-speed Internet Terminals (WebCenter3000TM), and Wi-Fi Hot Spots, in 204 locations nationwide. ICOA operates in the most sought after public locations -- airports, hotels, marinas, transportation and conference centers. The Company provides fully managed broadband Internet access allowing services including: e-mail, e-fax and telephony; business services including printing; e-commerce; and 'venue specific' advertising. ICOA currently operates or manages installations at the San Francisco International Airport (SFO), the Greater Baton Rouge, Louisiana Airport (BTR), Sacramento International Airport (SMF), Rhode Island's Newport Harbor 'Hot Zone', several prestigious Hotels and 130+ Panera Bread (Nasdaq:PNRA) -- www.panerabread.com locations.
About Metaccord
Metaccord Systems Ltd. www.metaccord.com provides a partnership management software platform to wireless operators enabling them to create, implement and manage relationships with large numbers of partners. The platform automates key aspects of drafting, negotiating and implementing agreements such as pricing models, revenue sharing, settlement and SLA's between operators and the full range of their partners including third-party content providers, application providers, service providers, and other operators. The agreements produced by Metaccord's platform are smart electronic documents which automatically generate the code to configure the operator's systems, including billing, payment and settlement, according to the terms and conditions agreed upon. Founded in 2001, Metaccord is funded and backed by the Jerusalem College of Technology, one of Israel's leading schools of engineering, and Israel's Office of the Chief Scientist which invests in promising hi-tech companies.
'Safe Harbor'
The foregoing contains "forward-looking statements" which are based on management's beliefs as well as on a number of assumptions concerning future events and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside ICOA's control that could cause actual results to differ materially from such statements. For a more detailed description of the factors that could cause such a difference, please see ICOA's filings with the Securities and Exchange Commission. ICOA disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of ICOA.
CONTACT: ICOA, Inc.
Erwin Vahlsing, Jr.
(401) 739-9205
Let's post that if we can find it. That's what bugs me. They said there would be 2 companies, but from the looks of it, there is only one, and this is it.
I think there might be something to this NNGY / XCDC story but.... The company needs to say what is happening. The last I have found was that XCDC would be split out into 2 companies. The nano technology side and the telecommunications side. I will see if I can dig up some more.
LOL Fast catch. I sent Matt a PM, and asked him to put me on the assitant list. I figure that Changingtymes should stay the moderator until at least the next ticker change (assuming it will happen again! lol). This way, we can change the board box, if we choose to. I look at this one as a little experiment in discovering the truth about a company with a mad scientist at the helm, that is leading us through ever morphing ticker changes.
Feel free to deposit any and all DD on this thread. Perhaps we can unscramble, scrambled eggs!
Creede; good to see you on the moderator list. GLTY.
No. But Objectsoft - OSFT - did when it became Nanergy, 1 NNGY/100 OSFT, June 22, 2005.
Posted by: Changingtymes
In reply to: None Date:9/20/2006 9:09:28 PM
Post #of 216971
Changingtmes,"aka Dennis Williams"passed away today after an automobile accident. According to state troopers he lost his brakes and was unable to correct his position on the road. His constant companion,a shih-tzu named booboo also perished in the accident. Dennis loved the penny stocks. The children, he said were going to never have to work because of his investments. He is survived by his two girls, ages 11 and 13. I only post this here because he seemed obsessed with this stock. Anytime i look, he was always talking to someone here. Thank you all for taking the time to read this. Joyce
http://www.investorshub.com/boards/read_msg.asp?message_id=13460237
Thanks Nano. That helps. So it seems that there is just one company that emerged....and this is it. Did NNGY do a r/s?
Just checked my broker statements:
July 12, 2006 NNGY>XCRD 1/1
Aug. 16, 2006 XCRD>XCDC 20/1
Trail stops cold there....just like on IHUB. No explaination on why the ticker change from XCRD.
Nada. I was never in NNGY/OSFT so it's a mystery to me.
Does anyone know anything about XCDC?
What a shocker.....life is very short.
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