Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I found it interesting...
Read all the posts...was surprised more haven't found it with Cargo as one of the Moderators...everyone on I hub knows him...
This should start to pique interest in no time...
Great job so far...
Got ya marked...
Monkish
thanks,monk.......this is a brand new information playpen forum for existing or new gem stocks in the making.........TRYZ
THE POTENTIAL PENNYSTOCK OF THE YEAR (2008) : ......................................................................*CALL COMPLIANCE INC*..............ticker symbol: ....................*COPI* .................an incredible undervalued company that carries the patent protected state of the art technology to Do Not Call federal compliance laws here and abroad: TeleBlock ......due diligence provides that its growth and business strategies will be something to behold going forward which will reflect in its gross revenues sheet.................imho,TRYZ
MICG UP .06 *INVC UP .31 MICG >NEWS.>>*PR 11/30/07
Microfield Group Announces Contract to Provide Demand Response Services for Major Eastern State
Friday November 30, 4:01 pm ET
Milestone Contract Opens Significant New Market with Latest Demand Response Program in PJM Interconnection Network
KEY HIGHLIGHTS:
-- State Contract Further Validates EnergyConnect's Industry-leading Energy Automation Technology
-- Contract Reflected in 1,400 Building Equivalent total as of September 30, 2007
-- Company Continues on High-Growth Business Model Targeting Initial $12 Billion Market
PORTLAND, Ore.--(BUSINESS WIRE)--Microfield Group, Inc. (OTCBB:MICG), an innovator in the demand response marketplace, has announced that the Company has executed an agreement to become the primary provider of demand response services for a major eastern seaboard state. This contract, the largest such comprehensive state program to date in PJM, further validates the Company’s high-growth business model that targets a $12 billion segment of the demand response marketplace in 20 major U.S. metropolitan centers.
ADVERTISEMENT
The new agreement also rapidly increases EnergyConnect’s total participant peak electricity load involved in demand response by more than 500 megawatts, including major government and educational institutions.
“Being selected as the provider of demand response services for this state is a major win for Microfield and a clear testament to the competitive strength of EnergyConnect’s innovative technology and products,” said Rodney M. Boucher, Chief Executive Officer of Microfield Group. “We are gratified to receive this independent verification of our EnergyConnect programs as best-of-breed in the national demand response sector of the alternative energy industry.”
The new agreement raised the number of Building Equivalents (BE) by more than 100 during the third quarter of fiscal 2007. One BE is equal to approximately 1 million square feet of commercial space in a large building, a campus or an industrial site. EnergyConnect has targeted an estimated 1500 BE for fiscal 2007 as a means to quantify the Company’s future growth expectations.
Microfield’s EnergyConnect division ushers in a paradigm shift in the sector traditionally known as demand response. EnergyConnect’s real time auto-response technology allows participants to capitalize on hourly price fluctuations and daily commitments, as well as emergency response services to maintain grid stability. In addition to these previously untapped revenue streams, EnergyConnect’s industry leading technology allows the Company to meet the unique needs of each participant, resulting in a significantly larger target market with ample opportunities for growth.
The agreement announced today further enhances a year of growth marked by the substantial year over year increases in revenue for Microfield’s EnergyConnect products and services reported by the Company in 2007.
MICG UP .01 & HAD A HOD OF .97 LOOKS LIKE 1.00 BEFORE WEEKS OUT IMO AND HIGHER.WATCHING FOR NEWS...
(INVC)SecureData Security to Distribute ICT DisplayCard for Account Access Authentication in South Africa
Tuesday November 20, 8:00 am ET
SecureData Security to Institute Initial Data Systems Login Trial with Client; Deal Brings Global Adaptation of ICT DisplayCard to Six Continents
LOS ANGELES--(BUSINESS WIRE)--Innovative Card Technologies, Inc. (NASDAQ:INVC - News), developers of the ICT DisplayCard for e-banking, e-commerce and data access authentication, today announced that SecureData Security, a leading South African security solutions provider, has placed a client purchase order for the ICT DisplayCard for a data systems login trial.
ADVERTISEMENT
The cards will be integrated into an Open AuTHentication (OATH)-based backend server to authenticate account logins. In this application, the user will enter a one-time passcode displayed on the card’s screen into an online account login interface.
“As a cutting-edge IT systems security provider, our clients demand a security mechanism that is as convenient as possible for their customers,” said David Naudé, Product Manager, Identity and Access Management, of SecureData Security. “We immediately recognized the ICT DisplayCard as a unique product offering robust security in a very customer-friendly form, and we are pleased to become the first company in South Africa to offer the card to our clients.”
SecureData Security, which was named Juniper Networks’ “Best Newcomer of the Year” distributor award in October 2007, offers information security and risk management solutions for data centers, applications, network, endpoints, and online applications in South Africa, and throughout Africa. SecureData also provides a full complement of support, pre-sales and professional services for solutions positioned in each discrete security vertical.
“InCard is pleased that SecureData Security will distribute our user-friendly, cutting-edge ICT DisplayCard to clients for account authentication, and we look forward to providing authentication security devices to the African continent for the first time,” said Steven R. Delcarson, InCard Technologies’ CEO and President.
SecureData Security’s adoption of the ICT DisplayCard brings the number of continents currently deploying or testing this groundbreaking technology to six.
About SecureData Security
SecureData Security is a value-added distributor, focusing on information security and risk management solutions and services. Comprehensive, layered solutions and services enhance internal and external security postures for the perimeter, applications, network, endpoints and storage. End-to-end solutions and services are provided for South Africa as well as the rest of Africa. SecureData Security is a wholly owned subsidiary of SecureData Holdings Ltd, an information risk management company listed on the Johannesburg Securities Exchange. www.securedata.co.za.
About Innovative Card Technologies
InCard Technologies (NASDAQ:INVC - News) was founded in 1993 to add functionalities to payment cards. InCard’s suite of ICT DisplayCards enable dual-factor authentication in a convenient card form. The cards can be configured to offer RFID physical access or payment capabilities, and feature a screen powered by an integrated battery, circuit, and switch. This screen displays a one-time password to verify the presence of the card during online and voice transactions or data systems login. www.incardtech.com.
This press release contains forward-looking statements which are commonly identified by words such as "would," "may," "will," "expects," and other terms with similar meaning. Forward-looking statements are based on current beliefs, assumptions and expectations and speak only as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. The material factors and assumptions that could cause actual results to differ materially from current expectations include, without limitation, the following: ICT DisplayCard adoption, ICT DisplayCard further testing and certifications, dependence on a limited number of suppliers and their capacity, full scale production of the ICT DisplayCard, and limited capital and liquidity. Innovative Card Technologies, Inc. refers interested persons to its most recent Annual Report on Form 10-KSB as amended by Form 10-KSB/A and its other SEC filings for a description of additional uncertainties and factors that may affect forward-looking statements. Forward-looking statements are based on information presently available to senior management, and Innovative Card Technologies has not assumed any duty to update any forward-looking statements.
NEW WATCH ON (INVC),WILL BE POSTING DD SOON.ALSO
(MICG) STILL UNDER A DOLLAR IMO IS A BUY.
MICG UP .04 TODAY LOOKS STRONG DOW DOWN OVER 200 TODAY NAS OFF OVER 50.>>>>
GAP BEING FILLED FROM 1.50 PULL BACK,MICG RAN UP TO QUICKLY ON LIGHT VOL AND IS NOW HEADED BACK,FROM A BOUNCE OFF.70"S CLOSED TODAY AT .94 WITH A .965 HOD IMO
WILL BE BACK ABOVE 1.00 SOON.NICE STEADY RE TRACE AND BUILDING.
CHECK MICG OUT AND SEE WHO THIS COMPANY IS DOING BUSINESS WITH,AND WHAT THEY OFFER,ITS BIG AND GROWING,GET IN WHILE BELOW A DOLLAR IMO THIS WILL BE A DOUBLE FIGURE SP BY THIS TIME NEXT YEAR.DO YOUR DD AND SEE FOR YOURESELF.
GLTA
GO MICG!!!!
MICG PR ISSUED 11-22-07
MICG pulled back to the mid .70 range last week,and IMO presents a very nice buy opt.It has recovered back to the mid .80's already and hit .90 yesterday.Here is yesterdays PR.IMO this one is a no brainer.
Microfield Group Reports Latest Progress in EnergyConnect Business Plan Showing Substantial Rate of Increase in New Accounts and Megawatt Load
Wednesday November 21, 9:00 am ET
Gains in October Included 25,000 New Transactions and Additional 100 Megawatts in Peak Load from Participants in All Vertical Market Segments
PORTLAND, Ore.--(BUSINESS WIRE)--Microfield Group, Inc. (OTCBB:MICG - News), an innovator in the demand-response marketplace, has released the latest details of progress within its flagship EnergyConnect division, including an increase in the rate of new transactions, new accounts totaling more than 100 megawatts of peak electric load and other advances. These gains are consistent with the Company’s plans for growth as it continues to deploy proprietary technologies to create new revenue streams in the demand-response energy marketplace.
ADVERTISEMENT
In October, Microfield’s EnergyConnect team completed more than 25,000 transactions, compared to approximately 50,000 for the previous fiscal quarter.
New account contracts signed in the last 60 days which do not have Building Equivalent (BE) estimates assigned yet totaled more than 100 megawatts of peak load. These additions span all of Microfield’s target vertical markets, including campuses, commercial buildings and industrial installations.
The Company’s most recently executed Synchronous Reserve Service (SRS) additions will come online and begin generating revenue in Q1 2008, producing an anticipated five-fold revenue increase over current SRS. We anticipate SRS revenue will comprise a material portion of 2008 revenue.
EnergyConnect’s SRS is a completely integrated and automated solution that responds and compensates for disturbances in the power grid to maintain electricity service to consumers. Historically, SRS has been supplied by large power plants. Microfield’s EnergyConnect makes this service available by automating the performance of its participating consumers.
“Our EnergyConnect participant operations team has focused on increasing revenue for existing accounts and has made steady progress in the implementation of both process improvements and new products,” said Rod Boucher, Chief Executive Officer of Microfield. “We’re seeing that some of our targeted accounts are producing at revenue rates this year that exceed last year's rates four-fold, further verifying our programs and validating our business model.”
About Microfield Group, Inc.
Microfield’s EnergyConnect division is harnessing the nation’s energy infrastructure with smarter technology solutions that capitalize on the emergent multibillion-dollar Demand Response marketplace. Our products and services provide sustainable, cutting-edge solutions that enable consumers to lower their increasing energy costs and generate significant revenues while reducing the pressure on the nation’s power grids and energy infrastructure. Microfield’s EnergyConnect works in tandem with major consumers of electricity to generate significant, long-term revenues through environmentally responsible solutions that make smarter use of the energy that’s already available. The Company’s high-growth business strategy is targeting an estimated $12 billion segment of the $300 billion energy marketplace. Through our leading-edge technologies, EnergyConnect is enabling a win-win partnership between consumers, utility companies, electricity grids and all energy market participants.
For investor-specific information and resources, including news and stock quotes, please visit http://www.trilogy-capital.com/autoir/micg_autoir.html.
Forward-Looking Statements
CHICAGO, Ill. & PORTLAND, Ore.–(BUSINESS WIRE)–US Equities Asset Management, LLC, manager of the world-famous Sears Tower, and Microfield Group, Inc. (”Microfield”) (OTCBB: MICG - News) today announced that US Equities Asset Management, LLC has selected Microfield subsidiary EnergyConnect, Inc. (MICG) (”EnergyConnect”) to provide Demand Response solutions for the Sears Tower and other properties in its portfolio.
Demand […]
MICG DD
PORTLAND, Ore.--(BUSINESS WIRE)--Microfield Group, Inc. ("Microfield") (OTCBB:MICG - News) today announced that due to rapid growth, its subsidiary EnergyConnect, Inc. ("ECI") has promoted Bill Munger to Vice President of Participant Operations. Mr. Munger will continue in his current position of Vice President of Human Resources for Microfield and its subsidiaries. Bill was formerly with Intel Corporation as Human Resources Manager for Sales and Marketing. Bill has a Bachelor of Business from Western Illinois University and an MBA from the Kellogg Graduate School at Northwestern University.
ADVERTISEMENT
As Vice President of Participant Operations, Bill will be responsible for the Account Management, System Integration and Engineering Teams. Gene Ameduri, President of EnergyConnect, said, "Bill's interpersonal and training skills and his business experience provide an excellent background to continue to build the support team for Participant Operations. This will enhance the revenue potential for our existing base of business as well as the many participants that we are adding every week."
Rod Boucher, CEO of Microfield, noted, "The rapid expansion of electric consumers participating in EnergyConnect programs has resulted in new staffing focused entirely on enhancing the experience and value for each participant. Bill will manage and expand this team of professionals that will help each account achieve its greatest potential. Our goal is to make it easy and predictable for each of our accounts by managing the complexities and risks of the wholesale electric market within the EnergyConnect platform."
EnergyConnect, Inc. is the leading provider of Energy Automation services. More than just demand response, EnergyConnect's Energy Automation solutions proactively engage energy market participants, Independent System Operators, Regional Transmission Organizations and Electric Utilities. EnergyConnect is on the web at www.energyconnectinc.com.
About Microfield Group, Inc.
Microfield Group combines selling wholesale services to regional power grids with traditional electrical contracting and design and integration of infrastructure for wind, solar and other distributed power systems. This combination provides the platform to be a contributor to the growing alternative energy industry and to provide business processes and software capabilities that link the adjustment of consumer energy consumption to the wholesale electric market. Microfield utilizes consumers of electricity to generate revenue from the regional grids and serves this market through proprietary software and models that enable consumers to adjust use, provide prices to determine beneficial actions, and automate all aspects of the process. Microfield is headquartered in Portland, Oregon, and its common stock is traded on the OTC Bulletin Board under the symbol "MICG." Additional information about Microfield is available at www.microfield.com.
Constellation NewEnergy Announces Agreement With EnergyConnect, Inc.(MICG)
Friday September 14, 10:39 am ET
Collaboration Reflects a Commitment to Make Use of Existing Building Automation Systems to Create Smarter, More Energy Responsive Buildings
BALTIMORE, Sept. 14 /PRNewswire-FirstCall/ -- Constellation Energy (NYSE:CEG - News) today announced that its subsidiary, Constellation NewEnergy, has established a collaborative agreement with leading energy automation services provider EnergyConnect, Inc., a subsidiary of Microfield Group, Inc. (OTC Bulletin Board: MICG - News). Constellation NewEnergy and EnergyConnect will work together to integrate external energy market information onto existing IT platforms for commercial buildings, providing much needed data to commercial and industrial customers managing energy spending in a high-priced and volatile climate.
ADVERTISEMENT
"We are committed to providing our customers with the tools they need to create more energy efficient and price responsive buildings," said Steve Schaefer, senior vice president of EnergyConnect. "Partnering with Constellation NewEnergy to bring the supply side of the energy spectrum into focus enhances our existing portfolio of energy automation solutions and positions our customers to more effectively harness and shape internal energy load in response to changes in the energy marketplace, including real-time and day-ahead pricing."
A growing commitment to sustainability and reducing the carbon footprint of the established building environment, along with rising energy costs, has combined to expand the need for building automation to move beyond traditional ISO-initiated demand response programs. This collaborative effort between Constellation NewEnergy and EnergyConnect is intended to put more intelligence in the hands of finance and procurement executives seeking to make informed and proactive decisions about energy needs, use and load allocation.
"Managing energy usage and price is a strategic opportunity that is important to every aspect of a business," said Clem Palevich, who is leading Constellation Energy's recently announced Sustainable Energy Solutions group. "We've developed the tools and expertise to integrate a customer's energy supply and demand into a comprehensive program that helps them to both manage through market volatility and maintain budget certainty. This capability is vital for companies working in the building automation space. We are pleased to partner with EnergyConnect and our collaboration will put more intelligence into the hands of executives charged with designing and implementing proactive energy strategies."
Constellation NewEnergy (http://www.newenergy.com), a wholly owned subsidiary of Constellation Energy (NYSE: CEG - News), is a leading competitive supplier of electricity, natural gas and energy-related services to commercial, industrial and institutional customers throughout North America. Constellation NewEnergy operates in all competitive energy markets throughout Canada and the United States, providing products that enable customers to effectively manage and control energy costs. Constellation NewEnergy's regional expertise, coupled with its national presence, provides customers with customized energy products and services while leveraging the assets of one of the strongest integrated energy companies in North America. Constellation NewEnergy, based in Baltimore, serves more than 19,000 commercial, industrial and institutional customers throughout 31 states and three Canadian provinces representing nearly 14,000 megawatts of peak load and more than 354 billion cubic feet of annual natural gas consumption.
Constellation Energy (http://www.constellation.com), a FORTUNE 200 company with 2006 revenues of $19.3 billion, is the nation's largest competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns a diversified fleet of 78 generating units located throughout the United States, totaling approximately 8,700 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland.
EnergyConnect, Inc. (http://www.energyconnectinc.com), a subsidiary of Microfield Group, Inc., is the leading provider of Energy Automation services. More than just demand response, EnergyConnect's Energy Automation solutions proactively engage energy market participants, Independent System Operators, Regional Transmission Organizations and Electric Utilities.
Microfield Group, Inc. (http://www.microfield.com), combines selling wholesale services to regional power grids with traditional electrical contracting and design and integration of infrastructure for wind, solar and other distributed power systems. This combination provides the platform to be a contributor to the growing alternative energy industry and to provide business processes and software capabilities that link the adjustment of consumer energy consumption to the wholesale electric market. Microfield utilizes consumers of electricity to generate revenue from the regional grids and serves this market through proprietary software and models that enable consumers to adjust use, provide prices to determine beneficial actions, and automate all aspects of the process. Microfield is headquartered in Portland, Oregon, and its common stock is traded on the OTC Bulletin Board under the symbol "MICG."
--------------------------------------------------------------------------------
Source: Constellation Energy
Heres another I will be sharing DD on,the stock had a pretty good pull back from 1.40 range back to a close of 1.06 today.
Ticker is MICG
Microfield group,and has huge up side potential IMO.
Nice 10q on COPI,and it looks like the dilution is done!
Check out the board,we have some great posters and great DD to look over.This company helps keep the people you dont want calling you from calling you,the National do not call list is here to stay America,and its gone over seas,Australia,India,UK
WANT TO BE A PART OF THE DNC WAVE?
Check out COPI.
GLGB
COPI.....moving today,expecting news out to its alliance partner VeriSign to its coming 10q numbers Nov.1st and then COPI's 10 q slated for Nov.15th....due diligence forum: http://investorshub.advfn.com/boards/board.asp?board_id=982 ...imho,TRYZ
Here is PKH Top Strong Buys for 2002:
QTEK
EKNO
WWMO
RASC PINK SHEETS
FILM
FCSH
STTN
NATC PINK SHEETS
Penny King Holdings Corporation, a Delaware Investment Holding Company.
TranStar Holdings, Inc (Pink Sheet: TNNS)
Shares Outstanding: 11,592,148
Shares In The Float: 3,652,735 (approx.)
Corporate Profile
Transtar Holdings, Inc. (Pink Sheets: TNNS) is a multi-dimensional company in the Telecommunications and Customer Service related industries. Transtar has purchased controlling interest in Select Payphone Providers of America, Inc., signed a Letter of Intent to acquire the assets of Gerlach Communications Holding Group, Inc., and signed a Letter of Intent to enter into an equity purchase agreement with supplemental airline, LorAir, LTD. TranStar's aggressive acquisition strategy is a sign of managements desire to increase revenues and achieve maximum profitability.
Select Payphone Providers of America, Inc. (SPPA) is a California based Payphone Service Provider that currently manages 2600 pay telephones in 18 states. SPPA projects increase in management equipment to 7,500 phones by the end of June 2001. This represents approximately $13 million in leased equipment and $22 million in company owned equipment producing estimated total annual revenue of $9.7 million. A full review and inspection of each payphone and location operated by TranStar has been made. In addition, all repairs and replacements have been completed and the management transition finalized. TranStar Purchased controlling interest in SPPA with a transaction consisting of both cash and stock.
Gerlach Communications Holding Group, Inc. is a telecommunications services company that owns and operates approximately 1,400 pay telephones, used to provide public and semi-public telephone service in a total of 21 states. Currently, there is an additional 1,000 pay telephones being installed in select locations. This proposed acquisition of assets, representing $1.8 million, would greatly increase the revenue stream as well as the overall asset and shareholder value of Transtar Holdings, Inc.
LorAir, LTD. Is a certified air carrier under the section 401 of the US Transportation Code, and leases and operates Boeing 737 aircraft, pursuant to Federal Aviation Regulation 121. As a "supplemental charter air carrier," LorAir services special contract requirements of various entities, principally at this time, hotel/ casinos and tour operators. In addition, LorAir has recently rendered flight service to the U.S. Bureau of Prisons to transport prisoners as well as the U.S. Forestry Service for transport of fire fighters to wildlife areas. LorAir has also been requested on several occasions to sub-serve scheduled carriers when their aircraft have been unavailable. LorAir has international charter rights and has flown contracts to and from Canada, Mexico, and the Caribbean.
Transtar Holdings, Inc. is continuing its aggressive acquisition strategy and is currently considering other candidates. The most important factors remain to be increased shareholder value and maximum profitability.
Novex Systems International, Inc. (OTCBB: HARD)
--------------------------------------------------------------------------------
Company Profile
Novex Systems International, Inc. provides a diversified line of building materials. The Company's products are sold at building supply outlets and home improvement centers. Products include Por-Rok construction products, the Fiberforce line of concrete reinforcing fibers, and the Sta-Dri line of liquid and powdered waterproofing products and bonding agents.
--------------------------------------------------------------------------------
Thursday May 31, 12:15 pm Eastern Time
Press Release
Novex to Begin Marketing Its Sta-Dri Masonry Waterproofing Products in the Home Depot
CLIFTON, N.J.--(BUSINESS WIRE)--May 31, 2001--Novex Systems International, Inc. (OTCBB: HARD - news) announced today that The Home Depot's Mid-Atlantic Buying Region has confirmed that it will begin marketing the company's Sta-Dri Masonry Waterproofing product line in selected stores in the Greater Baltimore market. Six Sta-Dri products have been selected for this new marketing program.
Novex chief executive officer, Daniel W. Dowe stated, ``Novex offers a premium masonry waterproofing product line and we are looking forward to this great opportunity to market our Sta-Dri products to Home Depot's customers. A major advantage of the Sta-Dri product line is that it can be tinted right in the store to provide consumers with greater options to protect and beautify their property. This, coupled with the fact that Sta-Dri is easy to use and clean, should make this a very popular product with Home Depot customers.''
Novex acquired the Sta-Dri Masonry Waterproofing product line in August 2000. Established in Maryland in 1946, the Sta-Dri brand is one of the original formulations for masonry waterproofing projects. The Sta-Dri product line has been expanded to include traditional cement-based waterproofing products and new ready-mixed latex and oil-based products that are growing in popularity with homeowners and contractors.
With reported net sales for fiscal 2000 of $45.7 billion, The Home Depot is the world's third largest retail chain with 1,190 stores in five countries.
Novex manufactures and markets premium building materials designed to meet the durability and performance requirements of professional contractors. These products are sold at building supply outlets and at major home improvement centers such as The Home Depot, True Value, and Ace hardware stores. Novex's main product lines are the well-known Por-Rok construction products, the Fiberforce line of concrete reinforcing fibers, and the Sta-Dri line of liquid and powdered waterproofing products and bonding agents.
Statements in this press release include forward-looking statements that include risk and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, products and/or services and other risks in the Company's ability to produce and market certain products and/or services and other risks detailed in the Company's reports filed with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Greek Financial Services for Novex Systems International Dan Holtzclaw, 757/348-6557
or
Novex Systems International Daniel Dowe, 973/777-2307
--------------------------------------------------------------------------------
Company Information
Company Name: Novex Systems International
Stock Symbol: HARD
Exchange: OTCBB
Location: Clifton, NJ
Website: To be announced
Company Officers:
Dan Dowe, CEO
William K. Lavin, Chairman, Secretary
D. Friedenberg, Director, Treasurer
Edward J. Malloy, Director
Stock Statistics:
52 week low: $0.041
52 week high: $0.50
Average trading volume: ~30,000 shares
Outstanding Shares: ~23 million shares
Public Float: ~10 million shares
Novex (OTCBB: HARD) Majority share holders estimated holdings:
Douglas Friedenberg, Director, Treasurer 2,858,077 shares
Daniel W. Dowe, Chief Executive Officer 3,445,658 shares
William K. Lavin, Chairman, Secretary 295,316 shares
Edward J. Malloy, Director 255,316 shares
Parker Quillen, Quilcap Corp. 5,041,569 shares
Sherwin Williams Corp. 1,390,388 shares
Sta Dri Corp. 1,000,000 shares
Dowe Family 1,000,000 shares
Dan Holtzclaw, GFS 187,500 shares
DeMatteis Org 1,200,000 shares
______________________________________________________________
TOTAL SHARES ~ 16,000,000 shares
% of total HARD Shares ~ 69.5% of total shares
Business Summary:
Novex Systems International is a New York Corporation that manufactures and markets premium building materials sold under the brand names Por-Rok anchoring cement, Sta-Dri waterproofing materials, and Fiberforce concrete strengthening admixtures.
Until recently, Novex Systems products were only available to private contractors and professional builders. A recent push by Novex, however, has made the Novex line of premium construction materials availabel to the general public. Novex products have recently been introduced to retail outlets such as The Home Depot, Ace Hardware Stores, and Tru-Value Hardware Stores.
Products:
The Pro-Rok brand has been associated with quality building products for over 40 years and it has great brand name recognition in the commercial and retail building sectors. Acquired from the Sherwin-Williams Company on August 13, 1999, Por-Rok anchoring cement is the cornerstone of the Novex Systems product line. Recently, Novex has expanded the Por-Rok brand to include a line of concrete, flooring, and wall repair products.
Sta-Dri is a line of waterproofing and related products that have been in existence since 1946. Novex acquired Sta-Dri's assets on July 31, 2000 and moved the operation into its Clifton, New Jersey production facility.
Fiberforce is a line of concrete reinforcing fibers that has been in existence for over 12 years. A new marketing strategy for Fiberforce has recently landed the product into public retail outlets such as The Home Depot. In addition to being sold in bulk as it has in the past to commercial builders, Fiberforce is now also available in conveniently sized 4oz. plastic bags.
POR-ROK Anchoring Cement- non-shrink expansion cement that requires only water at the job site to create a pourable, yet durable, anchoring, patching or grouting compound.
SUPER POR-ROC Exterior Anchoring Cement - non-shrink expansion cement for exterior applications that requires only water at the jobsite to create exceptionally high early strengths in the first three days from installation.
POR-ROK Halco Grout contains expansive agents and flow enhancers to provide high strengths yet exceptional flowability for ease of application.
POR-ROK Aqua Plug- durable water resistant hydraulic cement which sets in 3-5 minutes. Designed to stop leaks or running water, patch cracks and fill holes in masonry surfaces. Can be used in interior and exterior surfaces and sets under water.
POR-ROK Concrete Patch - requires only mixing of water at jobsite, will level or smooth most concrete or masonry surfaces and can be used to repair and patch spalled concrete, cracks in masonry, broken steps and porches. Sets in 40-80 minutes and is stronger than ordinary concrete. Can be used in interior and exterior surfaces.
POR-ROK Dash Patch - powder-based product that when mixed with water bonds well to concrete, wood or plaster that is used to smooth surfaces before the placement of tile, carpeting or wood. Fills cracks, ruts and score lines, strong bond adhesion and no shrinkage.
POR-ROK Lev-L-Astic - used as an underlayment over concrete, wood, quarry tile, terrazzo, before installing asphalt or vinyl asbestos, tile, linoleum, and other types of floor surfaces. Eliminates the need for felt paper over wood surfaces, eliminates high spots on floor, improves bonding base to new tile and linoleum.
POR-ROK All Purpose Underlayment - used as an underlayment over concrete, wood, quarry tile, terrazzo, before installing asphalt or vinyl asbestos, tile, linoleum, and other types of floor surfaces. Eliminates the need for felt paper over wood surfaces, eliminates high spots on floor, improves bonding base to new tile and linoleum.
POR-ROK Adment - a proprietary, powder-based admixture that enhances the physical characteristics of cement-based products.
POR-ROK Levelon - single component, fast-cure, non-shrink, high bond repair mortar capable of achieving 3,480 psi in four hours. FC can be walked upon in a little less than one hour from installation and driven over within two hours of installation.
STA-DRI PRODUCTS (Products were acquired on August 1, 2000)
STA-DRI Waterproofing Paint (Powder form) - this product is a cement-based product that is mixed with water and can be applied to all types of interior and exterior masonry surfaces with a brush or roller to provide a water proof surface.
STA-DRI Heavy-Duty Waterproofing Paint - this product is an oil-based redi-mixed product that can be applied with a brush or roller and required no addition of water. It can be used on interior and exterior masonry surfaces and can be tinted with different color additives.
STA-DRI Latex Waterproofing Paint - this product is a latex-based redi-mixed product that can be applied with a brush or roller and required no addition of water. It can be used on interior and exterior masonry surfaces and can be tinted with different color additives.
Sta-Dri All Purpose Sealer - Clear, colorless sealer for all masonry and wood surfaces. Can be used as a primer for most paint systems, and as a curing membrane for new concrete. The product is designed to protect surfaces against deterioration and weathering.
LINK Superbonding Agrent - Liquid bonding agent that enhances the bond of most surface applied products to masonry. Can be used as a primer for hard-to-paint surfaces and when mixed with STA-DRI Waterproofing Paint (Powder form) it enhances the adhesion of this product, al it would for most paints and coatings.
STA-DRI Concrete Patch - acrylic resin fortified material that is mixed with
water and used to patch all types of concrete surfaces: sidewalks, patios,
driveways and walls.
STA-DRI Waterstop - quick-setting cement product that is mixed with water and can be used to plug holes in concrete surfaces even if and will water may be trickling through. The product hardens in 3-5 minutes and can be applied under water.
STA-DRI Anchoring Cement - fast-setting expanding cement that is mixed with water and used to anchor posts, railings, mailboxes, bolts, hooks and other devises that require a strong, permanent attachment to a wall or floor surface.
FIBERFORCE PRODUCTS - All Fiberforce products are made from polypropylene and are cut into various lengths and shapes. Novex currently manufacturers three types of fibers which are categorized as monofilament, fibrillated and Fiberforce #1 each designed to reduce cracking and provide secondary reinforcement. The fiber products are packaged in 1.0, 1.5 and 2.0 lb. bags.
--------------------------------------------------------------------------------
Companies Comparable to Novex:
Texas Industries, Inc. (NYSE:TXI)
Recent Price $28.80
Market Capitalization $597.6 Million
Amcol International Corp. (NYSE:ACO)
Recent Price $3.90
Market Capitalization $109.1Million
American Stone Industries (OTC BB:AMST.OB)
Recent Price $4.75
Market Capitalization $9.20Million
CSR Limited (OTC BB:CSRLY.OB)
Recent Price $10.25
Market Capitalization $2.66Billion
Centex Construction Prod. (NYSE:CXP)
Recent Price $28.46
Market Capitalization $521.7Million
U.S. Aggregates, Inc. (NYSE:AGA)
Recent Price $6.09
Market Capitalization $90.7Million
--------------------------------------------------------------------------------
Other Info:
Novex has business relationships with industry leaders such as Home Depot, Sherwin Williams, Ace Hardware Stores, and True Value Hardware Stores.
Company Executives and Institutional investors own nearly 70% of HARD stock. Currently, there are no know Form 144's on file for HARD stock which leads us to believe that these persons have no near term intention to sell their shares of this stock. Since nearly 70% of HARD stock is tightly held and not available for sale at the moment, that leaves a very small number of HARD shares available. When demand for this stock picks up, the small available supply of shares should most likely lead to fast and significant gains in stock price.
Mr. Parker Quillen is the majority share holder in Novex Systems International as he holds nearly 21% of all HARD shares. Mr. Quillen is director of the Quilcap Corp. which runs an estimated $200 million hedge fund out of New Yok City under the names Quilcap, Quilcap International, Little Wing L.P., Little Wing Too L.P., and the Tradewinds Fund Ltd. SEC documents show Mr. Quillen as a large shareholder in other companies such as:
Inamed Corp (Nasdaq: IMDC)
Royal Olympic Cruise Lines (Nasdaq: ROCLF)
Inkine Pharmaceutical Company (Nasdaq:INKP)
Factual Data Corp (Nasdaq:FDCC)
Milestone Scientific Inc (AMEX:MS)
Huntingdon Life Sciences Group (OTCBB: HTDLY)
Please post your due diligence updates here aswell, so that I can update the list.
Thank You,
Ma$e
ITET DD >> Interspace Enterpise, Inc..
InterSpace Enterprises Corp Home Page -
http://www.interspaceenterprises.com/company_f.html
ITET CFO Interview -
http://biz.yahoo.com/prnews/010411/law051.html
Nevada Lawmakers OK Internet Betting -
http://www.msnbc.com/news/578499.asp?cp1=1
ITET Online Payment Processing Solution for Lotto -
http://biz.yahoo.com/prnews/010328/law057.html
Quixotic Solutions Provide Enabling Tech for Online Gaming -
http://www.quixotic-solutions.com/
More Company News & Quotes -
http://finance.yahoo.com/q?s=itet.ob&d=v1
Study Chart -
http://stockcharts.com/def/servlet/SC.web?c=ITET,uu[w,a]djcayimy[d20010201,20010605][pf][vc60][iut!L....
CNBC View of Last 10 Trades -
http://www.cnbc.com/stock/last10.html?sym=ITET
SEC Filings -
http://www.freeedgar.com/search/FilingsResults.asp?SourcePage=CompanyList&CIK=1098331&UseFra....
** Quick Stock Info **
- First 12 months the company estimates $300,000,000 in ticket sales. They have a 20% profit/operating margin which will bring $60,000,000 first-yr revenues.
- Float Aprrox. 8,500,000 Shares
- 52wk High 5.25 Feb 2001 and 525wk Low .045 May 2001
- Recent pick of http://www.allstocks.com/copia/
- Marketing roll out plan will include internet advertising, billboards, national publicist to draw in local and national television and agreements with the largest gaming operators around the world.
- Accountants and Advisors including Lloyds of London
** Sites ITET & Planet Lotto Mentioned On **
http://www.casinomagazine.com/managearticle.asp?c=510&a=125
http://www.bbgsearch.com/jobs.html
http://www.investor-trading.com/profiles/ITET.htm
** Planet Lotto Info **
PlanetLotto’s goal is to secure a significant portion of the world lottery market. As it stands today, the global lottery market is severely fragmented, due to the physical limitations that accompany the traditional lottery system. While the Internet has started to lift these physical limitations, no one has stepped in to take full advantage of what the Internet can offer the lottery industry until now. PlanetLotto has developed the technology to build the first online international lottery, without the limitations of traditional brick-and-mortar outlets, that are limited to ticket sales within a certain state or region.
** Planet Lotto Show - Coming Soon **
PlanetLotto is in the process of developing the PlanetLotto Show, a weekly, half-hour game show that will help promoted the PlanetLotto brand, and, of course, give you more chances to win money. The PlanetLotto Show will be initially produced in eight languages: English, Spanish, German, Japanese, French, Portuguese, Italian and Chinese.
** Interspace Technologies **
InterSpace Enterprises has made a commitment to develop its highly promising individual concepts into highly successful and focused Internet businesses. The InterSpace Enterprises’ executive team believes in its current products and future endeavors, but realizes that success will not come overnight. In order to forge forward and become an Internet superpower, InterSpace Enterprises recognizes the need to achieve a rapid speed of execution by tapping the services, support and knowledge of individuals and organizations that have extensive experience and exhaustive resources in the Internet start-up realm. InterSpace Enterprises possesses an impressive combination of a small, malleable company with the strength and financial wisdom of a corporate powerhouse.
The efficiency and financial backing of InterSpace Enterprises will initiate a trickle-down effect, by passing its knowledge and prosperity on to its individual operating companies. InterSpace Enterprises will become an influx of collaborative companies, using the Internet to develop emerging market needs.
InterSpace Enterprises will open up an enormous portal, from which a network of smaller companies will integrate and thrive.
** Contact Information **
U.S. Corp. Headquarters - home@interspaceenterprises.com
Investor Relations - ir@interspaceenterprises.com
Current offerings - ppm@Interspaceenterprises.com
Public Relations - pr@interspaceenterprises.com
Matt Robinson, Vice President, Investor Relations of Interspace Enterprises, Inc.
Tel: 858-456-3539 Fax: 858-454-2679,
mrobinson@interspaceenterprises
BLLI DD - Updated 5/7/01
Estimated Float 2.5m
52 week range .56-2.50
http://finance.yahoo.com/q?s=BLLI.OB&d=t
Corporate Summary
Bio-Lok manufactures and distributes products and tools associated with dental implants. Bio-Lok has been in the dental business for more than twenty years and currently distributes their dental products to the United States as well as more than thirteen foreign countries. The most profitable product they market is the "Micro-Lok Precision Dental Implant System". This system allows a dentist to replace a patient*s damaged or missing tooth with an extremely high quality, natural looking manufactured tooth. As success rates and product longevity are constantly increasing, dental implants have become an alternative to dentures and bridge plates. Bio-Lok has a unique, high quality patented product as well as global distribution channels already in place. This, combined with the fact that Bio-Lok is fully reporting, has only a 6.1 million dollar market cap, is currently trading around $1.00, has been cash flow positive for the last two years, has earnings per share for the year 2000 of 8 cents per share, is projected to gross over $4,000,000 this year, (trading at less than 1 ½ times sales), and turn a net profit of over $740,000.00 which would bring earnings per share up to over 12 cents, makes Bio-Lok an excellent buyout candidate.
Facts to Look At
Significant Potential For Market Share Growth:
Bio-Lok’s Management has stated that it is committed to increasing sales of the company’s products in the U.S. during fiscal year 2001.Given the fact that annual U.S. sales of Dental implants are over $250 Million, the company has substantial potential to increase its market share.
Global Sales and Distribution Network Already In place:
BioLok has created a global distribution network for their dental products and already sells them in more than thirteen different Countries. This distribution network could rapidly increase the sales and profitability of a much larger domestic manufacturer of dental products, that primarily distributes to only the United States.
Strong Financial Condition:
Bio-Lok is very strong financially. They have a current ratio of 2.4 and a quick ratio of 1.0. They have been cash flow positive for the last two years.
Earnings Per Share:
The Company is currently trading at 8X 2001 estimated earnings.
Revs
The Company’s first quarter revenue of $705,000 is up 56% or $252,000 over the same period last year. Net profits of $142,000 rose 118%, up $77,000 from the same period last year. These results also reflect a 16% increase in sales and a 6% increase in profit from the fourth quarter of 2000.
GETC, 2 PRs in same week, expecting a series of PRs.
After 6 1/2 months of a quit period, GETC has come out with two PRs in the same week and I believe we will see a series of PRs over the next weeks and months. The PRs have not said anything about what I was expecting to hear.
I assume they are bring out the small artillery first and then the heavy artillery will follow.
I believe GETC has a master plan and the shareholders will see it evolve.
Hold onto your britches.
GETC entering a new era!
Asking for an indication of first profits:
1) Don't expect a specific date from the company.
2) GETC released the information on Emerald. What is 1 Million barrels of oil, over five years. It is about $25 Million over five years, with $5 Million a year. Expenses may be in the area of $1 Million a year, more or less, and that ain't bad. The PR said 1-2 million barrels over 5 years. I am using 1 million is this example.
3) Look, in the press release of Thursday, GETC showed some of the results that are being presented later this month. Specifically that this method has increased yields. The reasons are the technology.
4) Listen to the audio interview done by oilandgasprofiles. I have the highlights posted here and on my web page. The CEO stated that they can be profitable treating a few wells per month because they operate with a low overhead. That statement I believe was referencing treating wells under the "Fee for Service". He continued to say they should be treating 10-20 wells per month after the "final field training" and 80+ when fully operational.
5) We know GETC cannot treat wells till the "final field training" is complete. I grant you the date for the "final field training" is still unknown but the 10K says they expect in the 2nd quarter.
6) The Emerald deal was press released, so I believe that GETC is confident in the results from the hearing. You cannot PR information that you are not confident in achieving. Something the SEC will frown upon.
7) GETC being the largest post creditor may be a "stroke of genius" on their part. Post creditors are first in line. If there is another post creditor, for them to want the wells, they would have to be able to make them profitable. GETC may be the only creditor that will want the wells. We know the wells need to be treated and that is expensive. And GETC has the technology to make the wells very profitable and productive.
Is there anything here that gives you a clue that profits are close?M/b>
I have a web page, not sponsored by or connected with the company, with information and links to information about GETC.
http://www.getcgreatday.homestead.com/index_getc.html -- Home Page
http://www.getcgreatday.homestead.com/DoesGETChaveWhatItTakes.html -- 10 point analysis why I believe GETC to be Undervalued.
Thanks for your interest in GETC.
Frank
Please Post Any Due Diligence Your May Have On This Board.
Thank You,
Ma$e
NANOPIERCE TECHNOLOGIES, INC.
Symbol: NPCT OTC:BB
370 17th Street, Suite 3580
Denver, Colorado, USA 80202
303-592-1010 (Phone)
303-592-1054 (Fax)
Web site: http://www.nanopierce.com
Email: Paul@nanopierce.com or kampmakj@classic.msn.com
German Subsidiary:
Nanopierce Card Technologies GmbH
Lise-Meitner Strausse
Hohenbrunn D-85622
Phone 011-49-81 0 2786155
Shares Outstanding: 33,155,585 (as of January 12, 2000)
Affiliates (insiders):
*Intercell Holdings: 12,237,550 (parent company) 36.9%
*Management's 1,526,731 (4.6%)
(Beneficial Ownership)
Non-Affiliates: 17,130,333 (including public float) 51.6%
*Estimated Public Float: 16,349,834 (49.3%)
(Held by non-affilates**)
*Based on common shares only, does not include outstanding options and warrants held by management and others.
**Excludes "restricted shares" held by non-affiliates and certain free trading shares held by non-affiliates who are close to management and considered unlikely to trade their shares. This includes shares held by funds and institutions.
19 Active Market Makers: DLCR, FLTT, FRAN, GAIN. GVRC, HILL, HRZG, MASH, MHMY, MULE, NAIB, NITE, OLIE, PBLC, PGON, SHRP, SHWD, SPIN, WIEN
Investor Relations: Stock Enterprises James Stock, 702-614-0003 jamestock@aol.com
European Division (Munich, Germany)
Contact: Dr. Michael E. Wernle 011-49-810-299 9372 Michael@nanopierce.com
or MICHEAL.E.WERNLE@t-online.de
Directors and Officers:
Paul H. Metzinger - President, Chief Executive Officer, Director
Dr. Herbert J. Neuhaus - Executive Vice President, Technology and Marketing, Director
Dr. Michael E. Wernle - President & CEO, Nanopierce Card Technologies GmbH (subsidiary), Director
Kristi J. Kampmann - Director of Investor Relations
Related Expert:
Charles E. Bauer - Director of Intercell Corp., Ph.D. in Materials Science and Engineering Oregon Graduate Center)
Nanopierce Technologies, Inc. is a reporting company with the Securities and Exchange Commission.
Biographical Information on Officers, Directors and a Significant Employee
Paul H. Metzinger - President and Chief Executive Officer of the Company from February 26, 1998 to May 6, 1998 and has served in that same capacity from December 1, 1998 to present. He has been a director of the Company since February 26,1998. Mr. Metzinger has been the Chief Financial officer of the Company since January 1, 1999. In addition, he serves as the President and Chief Executive Officer and a Director of Intercell Corporation. Prior to becoming a director and officer of the Company, Mr. Metzinger served as Intercell's General Counsel and practiced securities law in Denver, Colorado for over 32 years. Mr. Metzinger received his J.D. degree in 1967 from Creighton University Law School and his L.L.M. from Georgetown University in 1969.
Herbert J. Neuhaus, PH.D. - Dr. Neuhaus has been the Executive Vice President of Marketing and Technology and a Director of the Company since January 1, 1999. Dr. Neuhaus previously served as the Managing Director of Particle Interconnect Corporation from August 18, 1997 to November 1, 1997. From August 1989 to August 1997, he was associated with Electronic Material Venture Group in the new Business Development Department of Amoco Chemical Company, Naperville, Illinois. While associated with Amoco chemical Company he held among other positions: Business Development Manager/Team Leader; Project Manager --High Density Interconnect; Product Manager MCM Products and as a research scientist. His professional efforts and responsibilities at Amoco were directed towards the identification, analysis and development of new market opportunities for Amoco's electronic materials products, the development of new applications for such products, including multichip module products, polyamide coatings and processes for multichip module applications.
Dr. Neuhaus received his Ph.D. degree in Physics from the Massachusetts Institute of Technology, Cambridge, Massachusetts in 1989 and his BS in Physics from Clemson University, Clemson, South Carolina in 1980.
He has served with numerous associations in the capacities of project leader and technical chair including: Interconnection Technology Research Institute (ITRI), International Microelectronics and Packaging Society (IMAPS), Surface Mount Technology Association (SMTA) and The Institute for Interconnecting and Packaging Electronic Circuits (IPC).
Michael E. Wernle, PH.D. - Executive Vice President - Strategic Business Development and Director since October 26, 1999. Dr. Wernle is widely regarded as the foremost European authority on the markets and technologies for Smart Card and RF ID Tags. Before joining Nanopierce Technologies, Inc. Dr. Wernle most recently held the position of Vice President and Chief Operating Officer of Meinen, Ziegel & Co., München, Germany, a leading manufacturer of production equipment for the Smart Card industry. Dr. Wernle has broad experience in this field. Before joining Meinen, Ziegel, Dr. Wernle was Director of Production of Mikron/Philips-Graz, Graz, Austria. Mikron is specialized in the development and production of RF ID Systems and Contactless Smart Cards, where Dr. Wernle was responsible for the development of an advanced production technology for RF ID Tags and Contactless Smart Cards in cooperation with international partners and customers.
Dr. Wernle received his Ph.D. degree in Applied Physics from the Technical University of Vienna, Austria, in 1990 and a Masters Degree in Industrial Electronics and Robotics in 1988.
Dr. Wernle has published numerous scientific and technical works and a keynote speaker at many international industry conferences, conventions and seminars all over the world. The text of one of those technical papers "CCT Technology: A New Approach to the Manufacturing of Contactless Smart Cards"can be accessed at: http://icma.com/company/ccttechnology7899.htm
Kristi J. Kampmann - Ms. Kampmann has been Secretary of the Company since February 1998. In addition, she has served as the Secretary of Intercell, since July 28, 1999. Since June 1997, she has been the administrative assistant to the Chief Executive Officer, Chief Financial Officer and the Executive Vice President of Technology & Marketing and paralegal for both the Company and Intercell. From April 1996 to June 1997, she served as a paralegal and administrative assistant for Paul H. Metzinger, P.C. Ms. Kampmann graduated from the Denver Paralegal Institute in 1996. Ms. Kampmann received a B.A. from the University of Minnesota in Morris in 1995, majoring in Political Science with a minor in Business Management. She currently is attending the University of Colorado at Denver, where she is completing work on an M.B.A.
A Brief History of Nanopierce Technologies, Inc.
On Feb. 26, 1998, Intercell Corporation (OTC-Bulletin Board: INCE), a technology holding company announced the closing of an agreement with Sunlight Systems, Ltd. (OTC-Bulletin Board: SUNY) relating to its particle interconnect technology. In connection with the transaction, Sunlight effected a reverse stock split and changed its name to Nanopierce Technologies, Inc. and now trades under the symbol NPCT.
Under the agreement, Intercell Corporation received from Nanopierce 7.25 million post-split common shares and 100 Series A, 8%, Voting, Convertible, Cumulative, Participating, Preferred shares. The preferred shares have the voting power of and are convertible into 7.25 million post-split common shares. At the time Paul H. Metzinger was appointed Sole Director of Nanopierce and elected President and Chief Executive Officer.
On February 26, 1998, the Company acquired the intellectual property rights related to the Company's patented Particle Interconnect Technology (the "PI Technology") from Particle Interconnect Corporation ("PI Corp"), a Colorado Corporation, a wholly owned subsidiary of Intercell Corporation ("Intercell"), a Colorado Corporation. In exchange for the assets of PI Corp the Company issued 7,250,000 shares of its common stock and 100 shares of the Company's Series A Preferred Stock (convertible into 7,250,000 common shares) to Intercell. The Company acquired the PI Technology in order to pursue a more focused, strategic application and development of the PI Technology.
The PI Technology utilizes 10 patents, 2 patent applications pending and 2 Patent disclosure documents in preparation, all of which are owned by the Company. Generally, the patents and patent applications relate to hard particles treated with a conductive material such as copper or nickel which is electrically deposited to a foundation such as a socket, connector or conductor to make superior electrical connections. The PI Technology can be used on many different bases, whether flexible, rigid, metallic or non-metallic.
The Company's Technology, now referred to as the NanoPierce Connection System (NCS), is a revolutionary and enabling technology used to make highly reliable electrical connections without the need for soldering or traditional pin-in-hole connectors. Microscopic diamond particles coated with metal work like "conductive sandpaper." The particles serve as force concentrators, multiplying the pressure applied to the contact area. The particles pierce though oxides or other films on the contact.
The resulting electrical connection is extremely inexpensive to manufacture compared to competitive technologies; has excellent electrical properties; has no moving parts simplifying miniaturization and use in complex assemblies; has very high reliability; is made at room temperature enabling the use of lower cost materials
To date, most commercial applications of NCS are based on low-cost industrial diamond dust, but other materials with even lower costs can be used and have demonstrated equal characteristics.
It is important to note that the NCS manufacturing process is simple and low cost. According to Dr. Neuhaus, almost any plating bath can be modified to apply NCS. No unusual steps are required and it is easily inserted into existing manufacturing operations.
NCS has already proven itself in several niche markets including use in automated test equipment for packaged semiconductor ICs, which includes an existing license agreement with Exatron Automatic Test Equipment Inc. for use in the field of sockets in the automated handling and testing of integrated circuits. More information on that application is readily available on the Exatron web site at: http://www.exatron.com/new-index.html then click on PI Samples to read more about it. According to Exatron on their web site, "PI is unsurpassed for high speed or high frequency test requirements, and offers true controlled impedance, tested up to 18 Ghz." In relation to that statement, the following information is of great importance.
On August 10, 1998 the U.S. Semiconductor Industry and the Federal government announced the formation of a new microelectronics "Focus Center Research Program" (FCRP) which is "targeting the most challenging technological problems the industry faces in the future. . ."The aim of the FCRP is to ensure a continuing supply of new ideas to fuel advances in silicon integrated circuit technology. One of the first two areas for attention in the new FCRP was interconnect technology. According to the FRCP's executive summary document - Interconnections for Gigascale Integration - "The most severe limits to (gigascale and terascale integration) will not be imposed by transistors performing computing functions. . . . In this context, fundamental, material, device, circuit and system limits without exception dictate the wiring imperative to keep interconnects short in order to reduce response time---as well as power dissipation, signal contamination and failure rates---to the smallest possible values."
The Company believes that additional high growth market segments can be penetrated without additional technology development and the Company has already been approached by a large number of companies in various sectors that have expressed an interest in exploring other possible applications and manufacturing processes such as in chip attach for semi-conductor wafers and flexible circuits. It's technology is applicable to virtually any electronic product sensitive to cost, speed, performance and/or size. Examples include consumer goods such as cell phones, camcorders, Smart Cards/Smart Labels, automotive electronics, test equipment, and advanced military electronics.
NCS has already been tested by Meinen Ziegel against the ISO standards for smart cards and has exceeded the usual standard by a multiple of eight times!
The Company has developed a detailed Strategic Business Plan to commercialize NCS in the manufacture of SmartCards and related products such as RF ID Tags or Smart Labels. In this application, NCS will be used to connect the semiconductor chip to other internal components, replacing the more expensive, conventional chip connection technologies.
Business Description
Every electrical device – whether a sophisticated missile guidance system, a cellular telephone, or a simple flashlight – requires two or (sometimes many) more electrical connections. The most commonly used technology for these connections is either solder or spring-loaded connectors, both familiar to every hobbyist.
As the electronics industry continues to reduce the size, increase the functionality and operating speeds and lower the cost of products, the standard methods used to connect components have proven unable to keep up with performance and cost demands. Today's electronics industry needs completely new connection approaches in order to manufacture systems at target costs. NanoPierce Connection System is just such a technology.
NanoPierce Connection System (NCS) is a revolutionary and enabling technology used to make reliable, high-performance electrical connections without the need for soldering or spring-loaded connectors. NCS is based on standard manufacturing processes and is easily implemented in existing production operations without new capital investment. Because it replaces conventional connection techniques, it facilitates miniaturization. Most importantly, NCS reduces manufacturing cost by eliminating manufacturing steps and unnecessary materials.
NanoPierce Technologies, Inc. will create shareholder value through commercial exploitation of its proprietary, patented, state-of-the-art connection system in the electronics industry. This strategic business plan embraces a combination of related ventures, all wholly or partly based on NCS. Commercialization approaches span from simple technology licensing to production operations, as indicated below.
Segment - Specific Commercialization Strategies
Strategy - Sale of royalty-bearing licenses
Reasoning - Applicable in market segments or regions with high barriers to entry or limited growth potential.
Strategy - Joint Ventures with established industry participants
Reasoning - Tap into existing market and/or manufacturing leadership in markets requiring special skills or high capital investment.
Strategy - Operating subsidiaries that produce components and/or systems utilizing NCS
Reasoning - First Mover can dominate emerging market segments. Also, the Company can capture additional value by controlling production in segments with low capital requirements.
Market Opportunity
Electronics represents the world's largest industry. The worldwide value of electronic equipment manufactured in 1999 will be over $1,100 billion. The materials used in this equipment are valued at over $67 billion. The Company estimates that there are at least 2.4 trillion electrical connections manufactured worldwide annually. This number is growing at an estimated rate of 10%. At an industry accepted average value of 1¢ per connection this results in a total worldwide market of $24 billion annually. Ultimately, NCS can compete for this entire market.
The Company believes, based on interviews with industry leaders, that NCS has the potential to enable electronics manufacturers to move to the next level of high performance, low-cost systems. As products continue to decrease in size and increase in functionality, the need for NCS will continue to grow through the foreseeable future.
The Company believes that NCS will offer a compelling cost and performance advantage in the majority of this market. However, limited market presence and real and perceived switching costs represent the greatest challenges to the Company. As a result, the Company has elected to focus initially on segments with the most aggressive product cycle times. The Company will later leverage early adoption by OEMs to penetrate semiconductor and other component manufacturers leading to broad, industry-wide adoption.
The Smart Card market is growing rapidly - between 30% and 40% per year. RF ID Tags are poised for literally explosive growth as the International Air Transportation Association (IATA) prepares to replace paper bar-coded luggage tags with Smart Labels in the near future. Adoption of Smart Labels by courier delivery services, such as Federal Express, is also anticipated.
SALES AND MARKETING STRATEGY
Market Strategy
In short, the Market Strategy is to offer NCS in products, services and technology packages into market segments and commercial applications in which NCS either has a significant cost advantage or is enabling.
In cases where NCS offers clear advantages but the Company cannot effectively compete due to high capital requirements or entrenched competitors, Technology Transfer will be strongly favored. The Company will teach market leaders to practice the technology in return for a royalty or share of the return (JV). While royalties usually represent only a portion of the value created, Technology Transfer entails very little risk and virtually no overhead.
However, wherever the capital required to enter is low and there are no entrenched competitors, the Company will strongly prefer to control the application of the Technology through production. This route allows the Company to capture a far greater portion of the value created by the application of the technology than in simple licensing.
Implementation Plan
The implementation of this strategy is embodied in the following organization structure. Each part of this organization is described below.
Technology Division
The Application Development Team, based in the Technology Division, will play a role analogous to Corporate R&D or Engineering, developing new applications for internal (NanoPierce Subsidiaries) and external customers. This team will also allocate a portion of its resources for technology enhancement.
Although not a profit center, it is anticipated that the Technology Division may be used to provide fee-based development services to some customers.
Business Development
Business Development will support all profit centers with Sales and Marketing initially. Later the SmartLabel and WaferPierce Subsidiaries will assume responsibility for their own marketing, while Business Development will continue to represent Technology Transfer to the industry. Business Development will also monitor the industry for acquisition and other strategic growth opportunities.
Technology Transfer
The Technology Transfer Unit represents the "virtual" profit center based on commercial use of NCS outside of the Company through licensees and other strategic partners. This unit will support the Company's licensees and partners with installation of NCS and related training and support. Personnel for these activities will be drawn from the Technology Division, but costs directly associated with Technology Transfer activities (e.g. travel) will be charged to this profit center.
Operating SubsidiariesOperating Subsidiaries
The Operating Subsidiaries will act as independent profit centers. Both subsidiaries will support only a minimal level of technology and/or engineering effort, instead relying on the Technology Division. This way the Company will minimize redundant technology development efforts.
Nanopierce has adopted and is in the process of implementing a two-part approach to the commercial exploitation of its NCS Technology. The first part of its strategy involves the generation of royalty or other revenues through forming strategic relationships with, or licensing the NCS Technology to, established companies in the markets in which the Company plans to compete. The Company believes that the licensing of its technology to major industry partners will provide for faster implementation and adoption of the NCS Technology and will help establish "brand" recognition for the NCS Technology.
Commencing in January 1999, the Company successfully introduced its technology to applications in the manufacturing of smart cards and smart labels. Of particular significance to manufacturers of contactless smart cards and smart labels is their desire to obtain a secure, efficient connection between the microprocessor chip and the radio antenna in what are known as combicards or dual interface smart cards, contactless smart cards and contactless smart labels.
Smart Cards are plastic, flexible credit card size devices embedded with a powerful microchip, designed to store and process information. The microchip is connected to the circuits, which make the card function. Reliable connections in flexible applications are crucial to the card's operation. Smart Cards, which are "Electronic Purses", are used as: Phone Cards, Health Cards, ID Cards, Pay TV Cards, Meter Cards, GSM Cards, Bank Cards, Transport Tickets, Access Control Cards and Automatic Dispenser Cards.
A smart label is a paper thin identification label with a programmable integrated circuit inside and an antenna connected to it. It communicates through radio frequency signals with a fixed position or hand held reader/writer over distances more than one meter. Smart Labels collect the energy to operate from a radio frequency field emitted by a fixed or handheld reader device; therefore they do not need a battery, contactless smart cards operates on the same principle. Its substrate is paper or plastic yielding a paper-thin flexible label, which can be self-adhesive and be printed on. Uses for contactless smart labels include: labels applied to shipping/courier parcels; as airline baggage tags; as retail labels applied directly by the manufacturer to the product, identifying the manufacturer, product type, production lot and a digital signature to prove genuineness, as labels for inventory control; and as labels for rental services, i.e. libraries, video stores, etc.
The market for smart cards and smart labels is poised for explosive growth. However, there is a critical bottleneck holding the industry back: the lack of a cost effective and reliable system for electrical connection of the microchip to the contacts plate and/or antenna. The industry cannot satisfy the market demands for cost effective and reliable contactless smart cards and smart labels with current technologies. The Company believes it has the solution for the industry, using its NCS Technology in the Nanopierce Connection System ("NCS").
The Company is strategically positioned to become a major participant in the large and growing smart card/smart label market. Current technologies cannot satisfy the cost and reliability demands of this market. NCS can meet cost and reliability demands because it provides single step low-cost manufacturing procedures; it provides reliable connection on flexible substrates; and is thin enough to be used in the manufacturing of smart labels.
As previously stated, commencing in the Spring of 1999, the Company began the implementation of its strategic business plan by forming strategic alliances intended to result in joint ventures to develop applications for its technology in the smart card/ smart label industry. In that regard, it successfully concluded three such strategic alliances with participants in the industry.
On April 15, 1999, the Company entered into an Application Development Agreement with Multitape, GmbH & Co., KG, of Paderborn, Germany to develop the application of its technology on chip module substrate tapes manufactured by Multitape. Multitape is a major supplier of chip module substrate tapes to numerous card manufacturers including virtually all of the largest card manufacturers in the world. Should the tests prove successful to the satisfaction of the Company and Multitape, a more formal arrangement will be entered into between the Company and Multitape to commercially exploit the
opportunity.
On May 17, 1999, the Company entered in a Technology Cooperation Agreement with Meinen, Zeigel & Co., Munich, Germany to develop applications of its technology for dual interface smart card modules and the qualification and industrialization of a chip module embedding process on Meinen, Zeigel & Co. equipment. Meinen, Zeigel & Co. is a developer, manufacturer and supplier of equipment used in the production of smart cards. Many of the world's largest smart card manufacturers utilize Meinen, Zeigel & Co. equipment to produce standard smart cards, contactless smart cards and dual interface cards. It is likely that Meinen, Zeigel & Co. will design new equipment based around the new manufacturing process enabled by adoption of the Company's technology. Adoption of the Company's technology by the industry will enable equipment manufacturers, specifically Meinen, Zeigel & Co., to design less expensive, more efficient, higher throughput, simpler production equipment. The Company contemplates entering into a formal joint venture agreement with Meinen, Ziegel & Co. to further implement the commercial exploitation of its technology.
On June 11, 1999, the Company entered into a Technology Development Agreement with ORGA Kartensystemes, GmbH, one of the world's largest smart card manufacturers. ORGA Kartensystemes, GmbH of Flintbek, Germany, is working with the Company relating to the application of NCS to the design and manufacture of dual interface smart cards, particularly as it relates to the connection of the antenna to the chip modules. If all testing and qualifications standards are met, the Company contemplates entering into a formal joint venture or direct licensing of ORGA Kartensystemes, GmbH relating to the application of its technology and dual interface smart cards.
In addition to the Application Development Agreements described above, the Company has also entered into an Agreement-In-Principle to form a joint venture or limited liability partnership with Cirexx Corporation, Santa Clara, California. The proposed joint venture or limited liability partnership will be organized to commercially exploit NCS in all applications. Cirexx Corporation is a world leader in the quick turn prototype design and production manufacturer of high technology, digital, RF, and analog flexible circuits and mixed technologies.
The Company has entered into a Confidential Disclosure Agreement with Schlumberger Systems, S.A. effective July 8, 1999. The Company is in the process of exchanging information with Schlumberger Systemes, S.A. relating to the application of its technology to dual interface smart cards and other applications.
In addition to the strategic alliances described above, the Company is in discussions with other companies in the smart card industry relating to possible application of its technology to their product lines. Further, the Company is expanding the scope of its strategic business activities to now embrace potential applications of NCS in the connector market. The Company is currently in discussions with Taiko Denki, Ltd., one of Japan's leading connector manufacturers relating to the application of its technology to the
connector products of Taiko Denki, Ltd. The Company has submitted a formal Proposal to Taiko Denki, Ltd. relating to the formation of a strategic business relationship.
Financial Information:
Nanopierce's current operations are not generating positive cash flow and the Company's current cash reserves are not sufficient to fund the Company's strategic business plan over the next 12 months. The independent auditors' report on the Company's latest 10K SEC filing contains a "going concern" explanatory paragraph, that describes substantial doubt about the Company's ability to continue as a going concern. To address that concern Nanopierce is vigorously pursuing additional financing through several investment bankers and financial institutions. Paul Metzinger, the President and CEO of Nanopierce, has expressed full confidence that all of the necessary funding will be obtained in the near future.
Nanopierce is not fully without funding as they have obtained interim funding through various private placements. The funding being pursued is for a much larger financing in the range of between $10 to $20 million to fund new divisions being planned to execute on the Nanopierce strategic business plan and to fund a facility in Germany in order to execute plans for the manufacture of Smart Tags and Smart Labels. This is anticipated to be the single most important part of the Nanopierce future revenue stream.
Nanopierce does not yet recognize any revenues from the agreements it has signed, however the company believes that sales of the Nanopierce Technologies, Inc. products (NCS) and technology licenses will provide sufficient funds to meet the Company's capital requirements for the next two years. This assumption is based on the signing of a Technology Cooperation Agreement with Meinen, Ziegel & Co., a Technology Development Agreement with ORGA Kartensystemes, GmbH, an agreement to form a joint venture with Cirexx Corporation and an Application and Development Agreement with Multitape, GmbH & Co during the Spring of 1999. Nanopierce is in also in talks with various other companies to develop agreements applying its technology to their products and advancing those agreements that have already been executed.
Nanopierce has recently hired a very significant employee, Dr. Michael E. Wernle, the new Executive Vice President of Strategic Business Development, who is heading up a new division in Munich, Germany where offices have already been set up. Plans are under way to add between one to three employees to administrative and application areas in the US and up to four more employees in Munich, contingent upon the receipt of funding.
Nanopierce currently maintains its executive and administrative office in space provided by Intercell Corporation, its parent company at 370 Seventeenth Street, Suite 3580, Denver, Colorado 80202. The Company also has a small laboratory facility located at 770 Maroonglenn Court, Colorado Springs, Colorado 80906, which is the residence of Dr. Herbert J. Neuhaus, Executive Vice President and a Director of the Company.
Recent significant news:
On October 26, 1999 - Nanopierce announced the very significant news that Dr. Michael E. Wernle, who is recognized as one of the top experts in the Smart Card/Smart Label industry, has joined the Nanopierce management team. Dr. Wernle was appointed Executive Vice President - Strategic Business Development and also become a Director of the Company.
In the same press release it was announced that Nanopierce Technologies has also opened executive offices in Munich, Germany to exploit the new business opportunity in Smart Cards/Smart Labels. Dr. Wernle and his core team will be responsible for the worldwide Smart Card/Smart Label business operations of Nanopierce which will be based in Munich. In addition, Dr. Wernle has been given the authority to exploit any other application of Nanopierce's NCS Technology.
Dr. Wernle said, ``I am very glad and proud to be part of this unique team. To ramp up a business in the smart card market/smart label market is a real challenge. With the strong background of Nanopierce's intellectual properties we will be able to offer the market very attractive technological solutions.''
On September 21, 1999 - Nanopierce announced the signing of an agreement with IBIS Associates Inc. to initiate a focused marketing campaign to promote the company's proprietary NCS Technology, as well as other services of Nanopierce.
IBIS Associates, with headquarters in Wellesley, Mass., is a leading management consulting firm assisting clients in the materials manufacturing industries in the development of new business programs and marketing strategies. Representative IBIS clients include: Daimler-Chrysler, Hughes, Exxon, Amoco and DARPA of the United States Department of Defense. IBIS was founded in 1987 as a spin off of the Materials System Laboratory of M.I.T. (Massachusetts Institute of Technology.)
John Busch, President of IBIS, said, ``Due to our close working relationship with many leading technology companies, we are confident that IBIS can accelerate the introduction of Nanopierce and its patented NCS technology at the highest levels within those organizations.''
On July 22, 1999 - Nanopierce announced that Dr. Herbert J. Neuhaus, executive vice president of technology and marketing and director of the company, has accepted an appointment from the International Microelectronics and Packaging Society (IMAPS) to serve as guest editor for the Special Materials Edition of the prestigious industry publication, "Advancing Microelectronics,'' to be published next summer.
Dr. Neuhaus will have the honor of writing an editorial column, soliciting papers for publication and selecting the cover photo.
Dr. Neuhaus recently attended the 32nd International Symposium on Microelectronics, IMAPS '99, Oct. 26-28, at the Chicago Hilton and Towers in Chicago, where he presented a paper on "Manufacturing and Reliability of Chip Module to Antenna Coil Contacts in Dual Interface Smart Cards.''
For more information on IMAPS check its Web site at http://www.imaps.org/.
On July 21, 1999 - Nanopierce announced that independent tests conducted by Meinen Ziegel & Co., Munich, Germany, conclusively established that the Nanopierce Connection System (NCS) exceeded all applicable ISO standards for smart cards. The tests were conducted to determine the performance and reliability of the chip module to antenna connection, utilizing chip modules treated with NCS for a dual-interface smart-card application.
The International Standards Organization (ISO) has promoted the broad acceptance of smart cards by establishing detailed specifications. Although ISO has not yet established a standard specifically for dual-interface smart cards, the industry has adopted the existing smart-card specifications as the de facto dual-interface standard.
ISO standards require smart cards to withstand a minimum of 1,000 flexes to simulate typical handling. The independent tests performed by Meinen Ziegel revealed Nanopierce's NCS survived more than 8,000 cycles, exceeding the ISO standard by a factor of eight.
Flex-test reliability is particularly important to dual-interface smart cards because, unlike conventional smart cards in which all electronic components are located on the module, the module-to-antenna connection in dual-interface smart cards is potentially susceptible to damage during flexing.
In other words, conventional smart cards fail the flex testing when the plastic card body fails, while dual-interface cards tend to suffer an electrical failure at the module-to-antenna connection. NCS has proven to solve this problem.
Nanopierce applied its NCS technology to chip modules supplied by Multitape, GmbH & Co. KG for use in connection with the testing.
Paul Metzinger, president and chief executive officer, said: ``These tests conclusively establish the superiority of the NCS technology over the competition in terms of cost, performance and reliability for the application. We have been able to show that NCS meets and exceeds the industry's requirements while the competition has insisted on compromise.
``We remain firmly convinced that NCS technology will become the standard of the industry. Of even greater potential impact is the application of our technology to smart labels. Put simply, we have the connection solution.''
Metzinger further explained that the company would provide chip modules to ORGA Kartensystemes for further testing and application by this world-class smart-card-manufacturing firm.
On June 14, 1999 - Nanopierce announced the signng of a Technology Development Agreement with privately held ORGA Kartensysteme GmbH of Paderborn, Germany, to jointly develop Dual Interface Smart Cards using Nanopierce's NCS (Nanopierce Connection System) proprietary technology.
ORGA is a world leader in manufacturing of Advanced Smart Cards, and a dominant player in the development and production of Smart Cards for commercial enterprises, banks, insurance companies, public health systems, access control systems and identification systems.
ORGA was founded in 1972 and is majority (75%) owned by the printing agency (Bundesdruckerei) of the Federal Republic of Germany through UNIQA GmbH. A Deutsche Telekom AG subsidiary, Deutsche Telepost Consulting GmbH DETECON, owns the 25% balance.
Under the Agreement, Nanopierce and Multitape GmbH and Co., KG, Paderborn, will provide ORGA with chip module substrate tapes treated with Nanopierce Connection System (NCS) designed for use in Dual Interface Smart Cards, popularly known as CombiCards.
This co-operative effort includes all design, testing and final review activities, with the ultimate goal of winning EMV approval culminating in a more formal business venture exploiting the technology. EMV is a Smart Card specification adopted by all major card manufacturers.
Paul Metzinger, president and CEO, said, ``ORGA has established a solid, world-wide reputation for high-quality product engineering within the Smart Card industry. It has aggressively pursued new technologies to maintain a leading edge, and has a reputation as being a premier innovator of advanced smart card products. Combined with Nanopierce's contributions, we will demonstrate to the market the technological superiority and cost effectiveness of NCS in manufacturing and marketing of Smart Cards in this very competitive and price sensitive industry.''
On June 1, 1999 - Nanopierce announced the signing of an agreement to form a Joint Venture with privately held Cirexx Corporation of San Jose, Calif. to commercially exploit NCS (Nanopierce Connection System) with the services and products of Cirexx. The initial project of the joint venture involves the application of NCS on a flex circuit for Boeing (NYSE:BA), Seattle. Boeing has specified the use of NCS for the flex circuit. Boeing solicited Cirexx to submit a pricing quotation for the prototype flex circuit.
Cirrexx Corporation is a world leader in the quick turn prototype, design and production manufacture of high technology digital, R.F., and analog flexible circuits and mixed technologies. Cirexx, founded in 1980, has manufactured circuit boards and similar products for most every major high tech company in Silicon Valley and around the world. Its current worldwide customer base consists of over 800 corporate clients.
Cirexx is partnered with Asia's premier printed circuit board manufacturer, Elec Eltek, Inc. (E&E). Founded in 1972, E&E has eight manufacturing plants throughout Southeast Asia and 14 sales offices worldwide, making it one of the industry's global leaders in large volume production of circuit boards.
Paul Metzinger, president and CEO, said, "Cirexx Corporation has established a solid reputation for high quality engineering and excellence of service in the electronics industry. This joint venture will accelerate the introduction of NCS on a global basis by accessing the world-wide customer base and benefiting from the marketing presence of Cirexx Corporation and its partner E&E."
On May 26, 1999 - Nanopierce announced the signing of a Technology Cooperation Agreement with Munich, Germany-based Meinen, Ziegel & Co., one of the world's leading producers of equipment and systems for the integrated production and personalization of Smart Cards. Meinen, Ziegel & Co. is majority owned by DataCard Group (Minneapolis, Minnesota), which is a leading global provider of innovative financial card issuance systems, photo ID cards, printers, identification systems and health care patient identification systems.
Under the agreement Nanopierce and Meinen, Ziegel will cooperate in the development, qualification and industrialization of a chip module embedding process utilizing Nanopierce Connection System and Meinen, Ziegel equipment for Dual Interface Smart Cards, known better as CombiCards. Meinen, Ziegel, using the process, can modify existing models and manufacture new models of its full line of equipment.
Paul H. Metzinger, President & CEO, said, "We anticipate this agreement will lead to the increased globalization of our technology. The excellent reputation and market presence of Meinen, Ziegel and DataCard in the smart card industry should prove valuable in the acceptance and application of our Nanopierce Connection System." The combined customer/potential customer database of Meinen, Ziegel and DataCard will be used to exploit those markets, which will have the greatest card volumes for Dual Interface Smart Cards, such as Southeast Asia, Korea, Japan, India and South America. Nanopierce management indicated that an independent market research firm, Killen & Associates, sites the current market for Smart Card manufacturers is growing at 59% annually, with US$7.6 billion forecast for 2000, reaching US$16 billion by 2005.
On April 19, 1999 - Nanopierce announced the signing of an Application Development Agreement with Multitape GmbH & Co. KG, Paderborn, Germany, one of the world's leading manufacturers of components used in the manufacturing of Smart Cards.
Under the Agreement, Nanopierce and Multitape will develop a chip module substrate tape utilizing Nanopierce Connection System for Dual Interface Smart Cards. A leading smartcard manufacturer has agreed to conduct field trails on the product designed to qualify it for ISO 9000 standards and eventual commercial production.
Multitape is an established supplier of chip module tapes and antenna coils
for use in Smart Cards to many manufacturers, including such industry leaders
as Siemens Semiconductor Group (Germany) (SMAWY, OTC BB:Foreign), Philips
Semiconductors (Holland) (NYSE: PHG - news), Orga Kartensysteme, GmbH
(Germany) and PPC Card Systems, GmbH (Germany).
Dr. Herbert J. Neuhaus, executive vice president of marketing and technology
said, ``This venture with one of Europe's most innovative participants in the
Smart Card industry presents Nanopierce with a strategic opportunity to
insert its technology into the products of multiple manufacturers. We intend
to become the standard for chip to antenna connection technology in the
multi-billion dollar, worldwide, Smart Card industry which is now
experiencing explosive growth.''
Dr. Neuhaus noted that according to the respected market research firm,
Killen & Associates, the worldwide market opportunity for smart card
manufacturers will grow at a 59% rate (CAGR) typical of emerging markets to
$7.6 billion in 2000, reaching $16 billion in 2005.
On December 16, 1998 - Nanopierce announced that Dr. Herbert J. Neuhaus has agreed to become the Executive Vice President of Technology Development and Marketing.
Mr. Metzinger, President and CEO, stated, "We are delighted to welcome Dr.
Neuhaus to the management team of Nanopierce. He brings the technical
competency and industry recognition we need to successfully exploit the
Particle Interconnect Technology."
Dr. Neuhaus stated, "I am thrilled to join the management team of Nanopierce.
The technology is truly enabling, and I am confident we can develop this
exciting opportunity into a profitable business. Unlike so many new
technologies, Nanopierce does not require extensive development or market
identification. Instead, the key to achieving our goals will be to execute a
highly disciplined and focused strategy. We have the right team in place to do
that."
Upcoming Conferences:
Cartes 1999 in France November 16th & 17th, 1999
http://www.eurosmart.com/Activities/Events.htm#event01
Scantech Convention in Cologne, Germany November 18th & 19th
http://www.scantech-europe.com/
Cardtech/Securetech West in San Francisco November 30th - December 2nd, 1999
http://www.ctst.com/
DD IDNW UPDATED 4/30/01
Condenced postes by Biffster1 $$$$,BrimFire $$$,Jerome..Jackson $$$$,brazentrader $$$,floridascott $$$$, arabianfrancine $$$$,Dukem1999,Others
Latest news pr's
http://www.idialnetworks.com/latest_news.html
http://www.idialnetworks.com/
http://www.whoofnet.com/
http://www.2sendit.com/List_Info/30000.htm
http://www.eqres.com
http://www.idialnetworks.com/tree_whoofnet.html
http://affiliates.idialnetworks.com/login.asp
http://wap.netphonecard.com/home.asp
http://www.otcbbnn.com/news500.htm
http://www.idialmusic.com/
http://www.idialhealth.com/
http://www.idialadvantage.com/
http://www.netphonecard.com/agent.asp
Featured on pick site Irishbull 4/14/01
http://www.finitesite.com/irishbull
profile link
http://thesubway.stockpoint.com/Thesubway/quote.asp?symbol=IDNW&page=COMPANY_PROFILE
http://news.tucows.com/pdanews/palm/26472.html
http://www.stockwire.com/Stockwire/BreakingNews/IDNW/000508idnw.htm
http://www.freeedgar.com/search/FilingsResults.asp?SourcePage=CompanyList&CIK=810932&UseFram...
http://www.freeedgar.com/search/ViewFilings.asp?CIK=810932&Directory=1104540&Year=01&SEC...
from: Looknforchange post 3137
Interview with the Mark Wood
http://www.executiveinterview.com/
By: rhogan $$$$
Reply To: None Thursday, 26 Apr 2001 at 11:06 AM EDT
Post # of 4154-55
The first of two recent E-mail from the company, the second is a HUMDINGER. Here is NO. 1:
Carl - Time also creates debt and so, getting the word out is imperative. I
am not trying to be negative here, just inquisitive. Are you expecting this
thing to take off by word of mouth or are you actually persuing large
businesses which have many employees who would use the cards. Get the
information into the HR offices of many of the major corporations of the US
as a something the company is offering as a good service to their employees.
What is the feedback from customers so far? Once someone has become a
customer, do you get their repeat business and what incentives do you have
to keep them in the fold as a base and add to it with new customers? Again
thanks for your time, and I don't mean to be a pest, but I do see tremendous
potential here and since I don't know you too well, other than the PR and
finlings and such, I am trying to grasp why the SP is so low with this low
float, good revenues and huge potential. I mean, if and when this takes
off, you could very well be NASDAQ bound or AMEX. Are you considering this?
Again thanks for your time and take care. Ron
Dear Mr Hogan,
We are getting the word out, but it must be done at a pace that the company
can handle. To many companies run before they can walk and then every thing
goes to ####. At this point we must ensure that we build long term clients
that are happy with the service. As we start to build a better cash flow we
can then speed up the amount of clients we put onto the system.
As a board we are looking to take the company as far as we can. This would
include looking at a bigger board.
best wishes
Carl Battie
Vice Chairman
iDial Networks Inc
Here the capper, No. 2:
Carl - Good answer. Do you have a time table for growth or are you playing
it by ear, so to speak? In other words, when do you expect to be big enough
to consider another board? I know, I ask the same question many different
ways don't I. lol
Take care. Ron
Dear Mr Hogan,
We are planning for a 100% increase in clients every Quarter.
We are all very frustrated with what the MM's are doing at the moment, we have already taken a number of steps to combat this(sorry I cannot make public these steps at the moment), we have a number of other things we can do and we are doing them as fast as we can. The board is fully committed to getting the company onto a bigger board as SOON AS POSSIBLE(again I cannot make these plans public just yet)
Best wishes
Carl Battie
Vice Chairman
iDial Networks Inc
By: BrimFire $$$
Post # of 2776,77,78,79,80,81-2819,20
IDNW 10KSB #1
I have attempted to summarize pertinent aspects of their 10KSB in a number of posts.
Historical Info
Originally WoodComm LLC May 1997
reorganized to WoodComm International, Inc. April 1999
acquired by Desert Springs December 1999
merger of iDial Networks and Desert Springs January 2000
incorporated in Nevada
Acquisitions:
Acquired Whoofnet.com August 2000
(Whoofnet has since formed 6 US subsidiaries incorporated in Delaware and 2 foreign subsidiaries)
Acquired 2sendit.com November 2000
2sendit.com
This is a fax messaging service.
2sendit is currently researching the possibility of merging with compeitors as a method of growing the business.
Business
Internet Telephony
Sells prepaid calling cards via their website and traditional retail outlets. Those purchased through the internet are "virtual" cards. They can be used within the US and also worldwide. Access to more than 241 countries and territories. All calls are phone-to phone.
To initiate a call within the US you simply input a PIN number. The rates are cheaper than conventional rates because
" Emergence of Internet Telephony. Internet telephony has emerged as a low
cost alternative to traditional long distance telephony. Internet telephone
calls are less expensive than traditional international long distance calls
primarily because these calls are routed over the Internet or through data
networks. The use of the Internet bypasses a significant portion of
international long distance networks and the relevant tariffs. Also, routing
calls over the Internet is more cost-effective than routing calls over
traditional circuit-switched networks, because the packet-switching technology
that enables Internet telephony is more efficient than traditional
circuit-switched voice technology. Packet-based networks, unlike circuit-based
networks, do not require a fixed amount of bandwidth to be reserved for each
call. This allows voice and data calls to be pooled, which means that pocket
networks can carry more calls with the same amount of bandwidth. This greater
efficiency creates network cost savings that can be passed on to the consumer in
the form of lower long distance rates."
Outside the US you have to access their website to make a call but here is the advantage
"From our website, these features allow customers to
make calls from anywhere in the world at our international United States long distance rates using the virtual calling card and Internet access to our website and platform."
Anyone who has traveled outside the US will know how expensive it is to make a call to the US by conventional methods. From personal experience most regular phone calling cards e.g. Sprint just simply do not work abroad even though these companies claim that they do.
" We have integrated the economics of VoIP technology with the convenience of
conventional telephony to enable web initiated telephone services. With this
iDial technology, we are able to offer consumers and businesses telephony
services at costs approaching the wholesale rates of carriers. Unlike some
competitors who offer PC to phone services, iDial s web based services are
provisioned via the Internet but all calls are currently made phone to phone.
The majority of PC owners do not have microphones and telephony services. iDial
delivers high-quality traditional and VoIP telephony services to consumers and
businesses, with the following benefits:"
Wireless Application protocol (WAP)
"WIRELESS APPLICATION PROTOCOL (WAP) is the de facto worldwide standard for
providing Internet communications and advanced telephony services on digital
mobile phones, pagers, personal digital assistants (PDAs), and other wireless
terminals. The exploding wireless market is embracing WAP technology, with a
predicated 600 million WAP phones is use by the end of 2003. Europe is leading
the way in WAP, and Forrester Research predicts that 219 million Europeans will
be accessing the Internet on a daily basis by 2003.
iDial has developed a plan to be first to market with WAP connectivity to
our iDial services. We believe that a tremendous opportunity exists to:
Immediately provide low cost international long distance services to WAP
enabled phones through our WAP enabled technology;
Incorporate WAP access into the iDial portal, giving WAP users the same
carrier choices available to traditional wireless users, and incorporate a free
concept for WAP enabled long distance as a choice through our portal land
network.
iDial has developed and applied for patents for applications to enable
Personal Digital Appliances (PDA) such as the Palm Pilot VII to instantly
connect with the iDial site and avail themselves of the company s long distance
services. A similar application for the new Microsoft Pocket PC has also been
completed. iDial will continue to develop WAP enabled products and services to
insure that its core products will always be easily accessible by wireless
devices.
Additionally we currently offer traditional prepaid phone cards and VoIP
services based on iDial technology under the following brand names for which
various trade and service marks are registered.
NETPHONECARD www.netphonecard.com Web initiated worldwide phone calls
with US dial tone and low tariffs.
IDIALDIRECT www.idialdirect.com A complete communications portal offering
flat-rate US products and worldwide access products.
PHONE-ME-NOW www.phonemenow.com An iDial e-commerce tool. A Phone-Me-Now
button is places on a website that allows a customer to initiate a call to his
phone from a representative of the company that is hosting the site.
SENDACALL www.sendacall.com Prepaid calls sent within a virtual greeting
card by-mail to recipients anywhere in the world, allowing recipient to place
free call to sender.
WIRELESS SERVICES The Company will continue to expand wireless
development to include areas such as Wireless Access Protocol (WAP) and
Bluetooth technologies."
Whoofnet
In a nutshell, Whoofnet will market IDNW's telephony products and also:
"WhoofTelco will create and implement all marketing and distribution plans
for the iDial product line with the main strategy being the focus on the
specialized business market. WhoofTelco will market the iDialDirect products and
services offering new subscribers free Internet access and free E-mail.
WhoofTelco will utilize TV, print, Internet and radio to promote these
offerings.
WhoofMusic will seek to joint venture with established vendors within the
music and video industry. We will expand this service to deliver customizable
compilations of music to incorporate hard-to-find artists and previously
released albums. The company will drive traffic to this site by utilizing the
Internet, TV, radio, print and TV. WhoofMusic will offer its visitors the
opportunity to sign up for free Internet access and free E-mail.
WhoofHealth will focus on the increasing market for alternative remedies
and homeopathic medicine providing the customer will information, updates,
product lines and services as well as links to affiliated sites of interest. The
company will promote the WhoofHealth product lines to our database of members
and reach out to new customers by utilizing the Internet, TV, print and radio.
The marketing plans for WhoofHealth will include offering free Internet access
and free E-mail.
WhoofBiz has the ability to provide each small business owner with a web
presence, handling all back end administration while providing the small
business owner with merchant services and shopping cart capability.
Whoofnets principals have sold millions of dollars worth of goods through
global channels of distribution, including direct response television
15
programming, retail outlets and international independent representatives and
affinity marketing groups. Their success is directly attributable to their
skills in assessing the market viability of a product, leveraging media
resources to maximize that product's exposure to consumers and establishing
retail distribution channels that build back-end revenue.
Whoofnet will leverage its long track record in both DRTV and Affinity
Sales/Marketing Programs to take products overseas. Tapping into its contact
base of international independent distributors, Whoofnet will enlist their aid
in promoting and selling its products to a true global clientele. Currently
Whoofnet has established promotional and distribution relationships with
companies on three continents."
As of Dec31, 2000 Whoofnet was not yet operational, imagine when revenues start to roll in from this division!
Gold Advantage Card
"The first product to launch is our iDial Gold Advantage Card. The iDial
Gold Advantage Card is an ATM/Debit Card that offers an extensive Consumer
Benefits Package. It is an inexpensive, fast and secure way to transfer funds
domestically & internationally. It is a reloadable debit card that can be used
at ATM's all around the world. It can be used to buy gas, groceries or other
items from merchants with debit card capability and has an extensive Consumer
Benefits Package offering savings on pharmacy, vision, dental, hearing, travel,
gifts, vitamins, and more. iDial Gold Advantage Card comes with a primary card
and a family card enabling them to save up to 75% on National and International
money transfers. By purchasing the package and loading funds onto the card, the
customer has opened an FDIC INSURED account with Goleta National Bank. The
account can accept Direct Deposit. Employees can have their wages electronically
deposited to a secure account and can then access their wages anytime from ATM
or point-of-sale retail locations.
The customer receives TWO (2) identical cards when they join the program.
The second card can be used to transfer money domestically or internationally,
just by forwarding the second card to a family member or friend anywhere in the
world. This enables the second cardholder to withdraw funds from any ATM machine
worldwide."
" WHOOFSWEDEN. Whoofnet.com, Inc., has entered into a Letter of Commitment
dated April 7, 2000, with the regional government of central Sweden known as the
Br_cke Kommun to develop a state of the art e-commerce business center. This
Letter of Commitment was transferred to the wholly owned subsidiary WhoofSweden
on January 16, 2001. The highlights of this arrangement are as follows:
Facilitate Internet e-commerce,
Build a mirrored redundant e-commerce computer center,
Operate a customer service & product reload center, and
Develop a product fulfillment house for shipping.
16
WhoofSweden has entered into a very favorable government financial support
package, the highlights of which are as follows:
The Br_cke Kommun government will underwrite 35% of the cost for the
equipment, office furniture, computers, hardware, software and 35% of the cost
of all advertising that WhoofSweden expends worldwide for the first year of
operations up to US $2.9 million in funding,
The Br_cke Kommun government will underwrite the salary/employee costs
for the first 28 weeks for every employee up to 150,000 skr/employee or US
$17,200/employee/28 week period for 300 employees totaling $5,160,000,
The Br_cke Kommun government will provide WhoofSweden with a total
financial support package for this project in the amount of $8,060,000,
The Br_cke Kommun government in conjunction with WhoofSweden is
actively seeking further financial support and government assistance from the
national Swedish government. We reasonably expect additional forms of financial
assistance to be forthcoming within months following commencing operations,
WhoofSweden shall enjoy a full rent abatement for the first year of
operations and thereafter for the next 4 years rent shall step-up increase to
market levels. The Br_cke Kommun has also pledged to build to our needs when
required, and
WhoofSweden expects to employ up to 300 people at the height of the
project.
SWEDEN, A LEADING IT NATION. Sweden is one of the world s foremost IT
countries. The IDC/World Times Information Society Index for 1999 places Sweden
in the global top 2 positions, just behind the U.S., Sweden s telecommunications
and data infrastructure is highly advanced, extensive and reliable. Few
countries invest as much in IT as Sweden in relation to GNP. Sophisticated
Swedish industrial buyers like AstraZeneca, Atlas Copco, Electrolux, Ericsson,
SKF, Saab, Scania and Volvo have encouraged the advanced usage of IT in
logistics solutions and have fostered the creation of a number of today s large
Swedish software companies and IT-consultants. Intentia, IFS, WM-data, IBS and
IMI are leading solutions and software providers for the support of supply chain
management implementations. EDI is commonly used in company-to-company
communications."
Stock
All shares are common
100 million authorized
87,969,856 Outstanding as of Dec 31, 2000
37,003,204 Directors and Officers
16,054,710 total held by 3 individuals named Stein, Lasarow and Lifson
36,000,000(approx.) float (by my reckoning)
However, on Page 1 it says:
"the aggregate number of shares held by non-affiliates was approximately
50,966,652."
Can someone clarify this? Is this the float plus the remaining authorized shares approx.?
Based on the data from the 10kSB [and also summarized by Brimfire], IDNW has 87 million shares
outstanding and a float of approximately 37 million shares; insiders hold a majority of the float. The data regarding Idnw’s shares on the Yahoo and CNBC boards is outdated based on the
information from the company’s 10k filed on 4/3/01.
Also, there are approx. 2,723 shareholders as of Dec 31, 2000. Now, that is good! From the way this trades I believe they are holding onto their shares and the trading float is considerably smaller than 36 million.
The increase in o/s & float [from that reported on Yahoo] is due in part to the company’s 2:1 split on 11/22/00 and shares paid to acquire Whoofnet.com.
10ksb says (B) HOLDERS. Management calculates that the approximate number of holders the
Company s Common Stock, as of December 31, 2000 was 2,723.
best said by-Jerome..Jackson $$$$
All shares are common
100 million authorized
87,969,856 Outstanding as of Dec 31, 2000
37,003,204 Directors and Officers
16,054,710 total held by 3 individuals named Stein, Lasarow and Lifson
36,000,000(approx.) float (by my reckoning)
However, on Page 1 it says:
"the aggregate number of shares held by non-affiliates was approximately
50,966,652."
So, the ~51M here would be ~87M minus the ~37M held by the companies management, must be restricted. The float of ~36M would be the ~51M minus the ~16M held by those three individuals, I'd guess held tightly.
I also like that the insiders have not sold a single share yet. Here are their holdings:
-------------------------------------------------------------------
Mark T. Wood, Chairman of the Board . . 18,100,000 20.7%
19009 Preston Road, Suite 215 PMB #236
Dallas, TX 75252
Carl K. Battie, Vice Chairman
7771 W. Oakland Park Blvd, Suite 217
-------------------------------------------------------------------
Sunrise, FL 33351. . . . . . . . . . . 13,100,000 15%
-------------------------------------------------------------------
Klaus Scholz, Director and COO. . . . . 3,040,000 3.5%
19019 Preston Road, Suite 616
Dallas, TX 75252
-------------------------------------------------------------------
Thomas G. Seifert . . . . . . . . . . . 1,463,204 1.7%
1211 S. Parker Road, Suite 201
Denver, CO 80231
-------------------------------------------------------------------
Edward J. Janusz, Director. . . . . . . 100,000 .01%
7 Lacewing Place
The Woodlands, TX
-------------------------------------------------------------------
Gerald Lesher . . . . . . . . . . . . . 1,200,000 1.4%
1555 Palm Beach Lakes Blvd., Suite 1510
West Palm Beach, FL 33404
-------------------------------------------------------------------
All Directors and Officers Total. . . . 37,003,204 42.31%
****Read about the potential of Whoofnet.com --- some verbatim excerpts from IDNW’s 10k SB, filed 4/3/01:
“In August 2000 we acquired 100% of the stockof Whoofnet.com, Inc. ( Whoofnet.com ) in exchange for the issuance of 10 million new investment shares of common stock. Whoofnet.com is a next generation Internet Company designed for direct selling. That company was formed under the laws of Florida on March 6, 2000. Its major product is an Internet portal for use by the general public. That Company has recently completed its field-testing and Management plans to begin sales within the next several months. All costs associated with the startup phase of the organization have been expensed in the current period as per Statement of Position 98-5.
Whoofnet.com also formed 6 subsidiary Delaware Corporations between the
months of March and May 2000, and 2 foreign subsidiary corporations for the
operations of various aspects of its business.
1) Whoofbiz, Inc. organized in March 2000 is planned to provide small
business services, which includes a 24-hour customer service center, product
fulfillment, merchant account fulfillment, and low cost high quality
telecommunications services.
2) Whoofhealth, Inc. sells its own homeopathic herbal branded products to
the general public. The product is market through various media including TV,
Direct Sales and the Internet. It was organized April 28, 2000.
3) Whoofmail, Inc. was organized to provide free multilingual email service
to be offered to the general public in order to build the customer base. It was
organized April 28, 2000.
4) Whoofmall, Inc. will provide a shopping mall on the Internet, whereby
other vendors can advertise and sell their the Internet. It was organized May 2000.
6) Whooftelco, Inc. will be a low cost high quality telecommunications
provider to the European and Asian wireless community and to the low cost
domestic and international calls customer in the United States. It was organized
March 2000.
7) Whoofnet.com AC is a Swedish corporation formed on January 16, 2001. The
purpose is to act as the European call center for Whoofnet.com.
8) Whoofstore.Co AB formed on January 16, 2001, which is also a Swedish
corporation operating as a duty free sales center Management estimates that the
licensure granting the Company a tax-free status has a market value between $5
to 10 million US dollars.
As of the dated of our financial statements none of the subsidiaries were active or funded.”
Think of the future revs when Whoofnet.com and its subsidiaries become active [some in the near future based on my read of the 10k filing].
posted by-brazentrader $$$, IDNW
more from the 10k
As of December 31, 2000, we had 18 full-time and 10 part-time
employees. None of our employees are represented by a labor union. We have not
experienced any work stoppages and consider our employees relations to be good.
We derive our revenues from 2 different sources,
through the direct sales of our products over the Internet and through our own
direct sales force and secondly through the wholesale of our products and
services through independent retail and wholesale channels of distribution.
REVENUE. Revenue increased to $2,173,581 million for the year ended
December 31, 2000 from $1,575,826 million for 1999 as a result of the growth of
our network and retail customer base. This represents a 38% increase over 1999
as a result of this growth.
RECENT DEVELOPMENTS. As part of an ongoing Company restructuring program,
the Company has merged its Dallas operations with its operation in Denver, Los
Angeles and Ft. Lauderdale. The Company expects to save $250,000 in 2001 from
this merger. The Dallas facility was closed on February 28, 2001.
Sales The Company expects to increase its sale over the coming months
dramatically. This increase in sales will lower our overall costs associated
with carrier costs due to higher discounts available with our increase in volume
from carriers.
The Company issued 9,893,500 share of common stock in August 2000 for 100% of
the outstanding stock of Whoofnet.com Inc., which had a market value at the time
of $8,100,000.
In October 2000, the Company issued 4,199,998 shares of common stock for the
acquisition of 2Sendit.com, Inc. The market value of the stock at the time of
acquisition was $1,968,959.
posted by-BrimFire $$$ post 2820 IDNW
More from the 10KSB
Sorry this has taken me so long, busy weekend etc.
Let me begin by saying that I decided to read the filing because I have become very skeptical, essentially I was looking for warning signals. I can truthfully say I found none. Instead, this company looks squeaky clean and 100% legitimate.
I checked Woodcomm and Desert Springs on FreeEdgar.
I could find no information on Woodcomm there, it was an LLC so possibly it was an English (European) company?
There was no link between Desert Springs and iDial with respect to officers etc. In other words they were not selling to themselves. According to the last 10K filed by Desert Springs their officers were:
Current Position in Age at
Name Marriott Desert Springs Corp. December 31, 1997
------------------ ----------------------------- -----------------
Bruce F. Stemerman President and Director 42
Robert E. Parsons, Jr Vice President and Director 42
Christopher G. Townsend Vice President, Director, and Secret 50
Earla L. Stowe Vice President and Chief Accounting
Officer 37
With regard to financials, on paper it looks like they made a loss of approx. 7.5 million last year, or (0.22) per share. This included a cash cost for the acquisition of 2sendit and Whoofnet. In practice, they paid for these with shares so the actual loss was closer to (0.07) per share.
Additionally, they anticipate to be profitable in 2001, perhaps as soon as Q2.
The accompanying financial statements have been prepared assuming that the
Company will continue as a going concern. As discussed in note 1 to the
financial statements, the Company's history has reflected significant losses.
Management has instituted a cost reduction program that included a reduction in
labor and fringe costs. In addition, the Company has consolidated several of its
operations, increased marketing efforts on its product lines, adjusted sales
prices of certain products to bring them in line with costs and negotiated more
favorable contracts to provide services at a more efficient cost. As a result of
these efforts, 1st quarter 2001 sales have improved significantly and Management
believes that profitability will be achieved in the near future.The financial
statements do not include any adjustments that might result from the outcome of
this matter.
Management looks great too!
Mark Wood, CEO..
Prior to iDial, Mr. Wood held several
executive positions at international telecommunications companies, which
included Vice President and General Manager of Loxcomm America, Inc., Chief
Operating Officer of WorldQuest Networks (NASDAQ:WQNI), and Vice President of
International Sales at Intellical, Inc. (AMEX:ICL).
Klaus Scholz, COO and director...
Mr. Scholz joined iDial in
1999 and has been responsible for the network operations of company. A native of
Germany, Mr. Scholz has held several senior management positions in
international technology companies. He served for 10 years as Country Manager,
Southeast Europe for Hewlett Packard before moving to Asia in 1987. In
Thailand, he became Managing Director of Semiconductor Ventures International
LTD, a publicly traded company. In that capacity, he worked with the Chinese
government to improve quality and safety standards for the Taiwanese
semiconductor industry. Mr. Scholz also served as Vice President, Business
Development for Loxley Public Companies, Ltd., a publicly traded international
conglomerate based in Bangkok, Thailand.
The were only 3 items which could be regarded as being mildly negative:
1. They are currently in a dispute with one of their telecom carriers, they believe thay are being charged between 20% to 30% too much. The company "took the conservative approach" and recorded the full liability in the books.
Personally, I have no problem with this, I know that I have been billed incorrectly (about every second month) by, guess who? Sprint!
2. Their CFO resigned, he has been replaced by Thomas Seifert.
3. Normally I wouldn't even include this but someone brought this up before so I will....they closed one of their offices as a cost cutting measure because they didn't need it!
By: brazentrader $$$ post 2823,24,25,26,34 IDNW
More on stemerman if it's the same guy.
http://www.secinfo.com/dNUa8.8a.htm
http://www.secinfo.com/dUqVk.8b.htm
http://quicktake.morningstar.com/Stock/ownership.asp?Country=USA&Symbol=CLJ
http://markets.forbes.com/forbesrpt/Vickers_Insider_Trading.html?Symbol=CLJ
and mark wood.
http://www.secinfo.com/d11Mkj.52v.htm
buried recent article.
http://buffalo.bcentral.com/dallas/stories/2001/03/05/focus2.html
an interesting thread.
http://buffalo.bcentral.com/dallas/stories/2001/03/05/focus2.html
http://www.wecarenews.com/2tier/iphone.htm
http://creditcardsmagazine.com/managearticle.asp?c=130&a=172
The newly appointed cfo, seifert, is a co-founder of 2sendit.com
do you suppose they brought an expert on board to turn this thing around? hmmmmm.
IDNW owns its own marketing sources:
In November 2000, we acquired 100% of the stock of 2sendit.com, Inc. in exchange for the issuance of 4,199,998 new investment shares of the common stock of the Company. 2sendit.com provides a marketing service by advertising the products and services through a variety of media with a primary focus on the use of fax mail, and email. With fax and email servers located in Dallas, TX and Denver CO, 2sendit.com is able to offer high capacity, low cost services. In addition that company maintains a small company attitude, allowing it to assist other small companies in need of our services. On November 15, 2000 we declared a 2 for 1 forward split of the outstanding shares of our common stock.
2SENDIT.COM INC. is an established fax-messaging provider for the information dissemination market. Due to today s desire for immediate delivery of information, fax messaging has become a popular means to deliver information quickly.
FAX MESSAGING. Fax Messaging has emerged as a low cost source of communication for companies to get a message out, where messages range from newsletters to restaurant menus. Fax messaging has proven to a less expensive than traditional mail. Traditional mail remains as a popular choice for getting a message out, however, with costs of postage, envelope and printed material all necessary pieces, today s budget constraints find that these expenses limit the number of recipients. Fax messaging provides a low cost, high volume method of getting the same material out of the recipients. An underlying benefit is that the results are almost immediate. While a traditional mail piece may take up to a week to deliver, fax messaging usually takes less than an hour to reach the same audience. Fax messaging also has a cost related only to completed messages. 18 With traditional mail, the cost is paid up front and there are no refunds for lost mail, unused postage, or damaged material.
GROWTH STRATEGY. While several fax messaging companies have emerged in the recent years, many others have been unable to sustain volume and have subsequently merged with competitors. We have chosen to maintain a slow growth cycle by adding customers through new advertising and marketing. We offer highly competitive rates along with the capacity to complete jobs in a timely manner. We use the following websites as a primarily method of advertising
a) www.2sendit.com
b) www.2faxit.net
c) www.2faxitnow.com
d) www.mailing-solutions.com
e) http://www.sendacall.com/
2sendit.com is also researching the possibility of merging with competitors as a method of growing the business.
As a company with unique marketing resources and innovative vision, Whoofnet delivers the two things that matter most: Reach and Revenue.
TECHNOLOGY. 2sendit.com uses licensed software along with both Dialogic and
Brooktrout fax cards. These cards are connected to third party high capacity
digital lines. This technology allows the mass transmission of faxes through
each fax server.
Post 2841 by-arabianfrancine $$$
Pardon me for this,but what I am seeing here,is interest in a company that all of us longs have believed in,and for,IMO,good reason.One very good reason is spelled out in post #248
And here it is
By: DocTX $$$ IDNW
Reply To: None Friday, 24 Mar 2000 at 2:43 PM EST
Post # of 2851
Before anyone sells idnw, I'm compelled to offer a few thoughts to help round out their perspective:
Despite the recent price drop, this stock has quite a bit of momentum working in its favor. There are several reasons why I'm very excited (and very long) about this stock.
1. Management team: Consider the speed and success (primarily experience) of the firm in rounding out its management team recently.
2. Market Cap vs. Market Opportunity: If my math is correct, the market cap on this company is still less than $20mm. Conversely, the market size is projected to be $20 -$60 billion in four years.
3. Competitive pressure: As far as I can tell the Voice over IP market has maybe 6 players bigger than idnw. Clearly, IDNW has lost any opportunity for a first-mover advantage. On the other hand, the combined market caps of all competitors are roughly $5B -- $4B of which is IBAS and ITXC. This leaves a vast amount of room for appreciation on these six stocks combined. In my view, I have to believe the firm who builds the strongest brand will perform favorably vs. the competition. NO ONE has had any time to build a strong brand YET. I'd put my money on a couple of guys from Hallmark any day (one of the strongest global brands in the world).
4. It is EXTREMELY early in this company's life cycle. IDNW doesn't even have investor relations packets created yet (they will be ready next week). Talk about being undiscovered. Look at this message board - limited attention yet. While some would view these observations as a disadvantage, I'm more inclined to think it's a pretty exciting opportunity to be into a stock this early. $20mm market cap in a $40B brand new, emerging category? Gimme a break -- sounds like the opportunity of a lifetime.
I've been curiously reading people's posts worried about the 2-pt drop in price. I've bought some more. In my view, this is certainly not a reason to sell. IDNW is just a baby. Who knows, this company could have a $2B market cap in 4 years (with only 5% market share!) Could be a 100-bagger! Certainly the first I've ever had. I'm in, and I'm staying in.
I imagine the reasons cited above are the same reasons for IDNW's success in recruiting talent. Keep it up! I have a couple years to wait for a 100-bagger.
Anyone care to discuss further? I can watch for a few minutes before it's back to my day job.
Stock Price History - 1 Year Table
http://www.financialweb.com/mkthistory.asp?Symbol=IDNW&StartDate=9/2/00&Format=3&Submit=...
MM-Monthly Share Volume Report
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=i&Issue=IDNW&SortBy=v&Month=2-1-2001&a...
Cut and past-- Highlight in blue, right click,select copy-move to where text will be pasted, left click once for curser bar, right click,select paste.
This is a copied version of many dd posts. Thanks to all who helped.
Followers
|
1
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
36
|
Created
|
04/30/01
|
Type
|
Premium
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |