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I think I am going to follow you, this is getting ridiculous.
rwkxxx..Because the stock is still being shorted..Take a look it's on the SHO list still..When it gets off this list then normal trading will resume.
I am currently in SVMI, XKEM...I bought JKRI at .009 and sold around .015, to get into XKEM and SVMI
GLTY
GO JKRI
Notification of the 10 KSB, with all the significance business transitions associate with the mergers, Company needs additional time to complete the audit of the Company's financial statement is understandable. Eom
Found this one:
JKRI -- Jackson Rivers Co. (The)
Com ($0.0001)(New)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
JACKSON RIVERS CO files Form NT 10-K, Notification of Late Filing
Commission File Number: 333-70932
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
(Check one): |X| Form 10-KSB |_| Form 20-F |_| Form 11-K |_| Form 10-QSB
|_| Form N-SAR
For Period Ended: DECEMBER 31, 2005
|_| Transition Report on Form 10-K
|_| Transition Report on Form 20-F
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10-Q
|_| Transition Report on Form N-SAR
For the Transition Period Ended: _______________
Read Instruction (on back page) Before Preparing Form. Please Print or Type. Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:________________________________
PART I - REGISTRANT INFORMATION
Full Name of Registrant: THE JACKSON RIVERS COMPANY
Former Name if Applicable:
Address of Principal Executive Office
(Street and Number): 402 WEST BROADWAY, SUITE 400
City, State and Zip Code: SAN DIEGO, CA 92101
PART II - RULES 12B-25(B) AND (C)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
|X| (b) The subject annual report, semi-annual report, transition report on
Forms 10-KSB, 20-F, 11-K, Form N-SAR, or portion thereof, will be
filed on or before the 15th calendar day following the prescribed
due date; or the subject quarterly report or transition report on
Form 10-QSB, or portion thereof, will be filed on or before the
fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-KSB, 11-K, 20-F, 10-QSB, N-SAR, or the transition report portion thereof, could not be filed within the prescribed time period.
There will be a delay in filing the Company's Annual Report on Form 10-KSB for the period ended December 31, 2005 because the Company needs additional time to complete the report and its auditors need additional time to complete the audit of the Company's financial statements for the period ended December 31, 2005.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification:
JEFFREY FLANNERY (619) 615-4242
--------------------------------- ---------------------------------
(Name) (Area Code) (Telephone number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for such shorter) period that the registrant was required to file such reports) been filed? If answer is no, identify report(s): |X| Yes | | No
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof: | | Yes |X| No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
THE JACKSON RIVERS COMPANY
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: MARCH 30, 2006 By:/s/ Jeffrey W. Flannery
------------------------------- -----------------------
JEFFREY W. FLANNERY,
CHIEF EXECUTIVE OFFICER
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.
ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission files.
3. A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered.
4. Electronic Filers. This form shall not be used by electronic filers unable to timely file a report solely due to electronic difficulties. Filers unable to submit a report within the time period prescribed due to difficulties in electronic filing should comply with either Rule 201 or Rule 202 of Regulation S-T (ss.232.201 or 32.202 of this chapter) or apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T (ss.232.13(b) of this chapter).
End of News Created by: EDGAR Online Pro
People are not awarding the big changes in our news company. Consider this one is a hiding germ. In the past JKRI is a POS bad image. I hope in time this will all change eom
I understand, it is to bad we can not do something to stop that. I will just hold. I am surprised we do not have a little more action on this board.
Unfortunately the conditions we all concerned here is naked short selling and stock manipulations. Loftwerks, Inc. (LFWK) same circumstances trading at .002 to .003 for months before it rocket to it news high.
I have $4500 invested in it and am going to hold on looking for a big return. It does look and sound good to me. But I have not understood why it is holding so still at this price.
Low volume and PPS fluctuations drive everyone nuts, including me. It is always difficult when there is no news. But if we look at the potential, we may derive a little more patience.
I believe there will be continue growth, contracts and earning growth should be very impressive over the next 90 days. JMHO.
I hope you are correct on the information. I have been holding and am down about 40% so would like to see some price increase.
Remember the diverse network merge is only took place since December1, 2005. Since then JKRI have made some very good progress, they laid out a solid business plan for building our company.
They assembled an experienced management team with the professional’s dedication experience desire to succeed.
They changes made to the Series A Preferred Shares of the Company.
They signs Master Services Agreement With Camvera Networks, Inc.
They signs Agreement to Pursue Oil and Gas Projects in Nigeria,
They announced two pending acquisitions Camvera Networks and UTSI International.
I believed the merges transaction all are coming in the very near time frame. We now must remain optimistic. We must show we have the intelligence and patience. We need to give the company more time to execute that plan.
Good question
So is this company still alive?
I still have about 6M free shares I'm holding onto just in case life is exerted back into the company.
GLTA!
I am sincerely sorry to withdraw the email offering, because I feel is not appropriate to past out the company‘s information. Basically I can sum it up to the points at this time regarding the merges is they are a work in progress. Some are further along than others but all are still proceeding. As far as the stock manipulation issue is concerned, they are well aware of the situation and are considering all options at this time.
Received email from the company. Drop me a note if u likes to read it huongv@sbcglobal.net
Update on UTSI acquisition ...
http://www.jacksonrivers.com/dev/letters/JF20060327.htm
good morning all. I'm hearing will be a pr up date on the merge. Chart look very good, we are still holding right at 200dma. I hoped today will be a great green day for all of us eom
Thank you very much. This one is my long term player. As of today I'm holding over 5.6 mil shares and haven’t flipped a single share yet. I truly believe in a company and their leader ship, I'm hopefully in a year from now my patience will be well reward eom
powerbattles, I made you an assistant for this board, I will try to update it this week. I just bought some shares yesterday on the drop, will be buying more...
Letter to the Shareholders
Thursday March 20, 2006
By Dennis Parker, Chief Technology Officer of Diverse Networks
I have been asked to introduce myself to the shareholders and discuss my background in machine-to-machine (M2M) communications. I guess I’ve spent most of my career in M2M, we just never called it that until recently. I don’t like to think of myself as old, either, but I guess if you measured my age in “computer years,” I’m almost a dinosaur. I have written assembly (machine) code for several architectures, programmed computers using punch cards and “paper” tape (really Mylar), and worked on computers with, honest to god, “blinking lights” on the front panel. I don’t miss coding in assembly, but I really do miss those blinking lights.
I graduated from Texas A&M University with a degree in Computer Science in 1984. While there, I learned a lot about computers and programming. My first computer, in 1977, was a Commodore Pet 2001, which I used to teach myself Basic programming. I used many different computers while at A&M, including an old analog feedback computer which ran on pressure and valves rather than electricity and chips.
My first job out of college was at Control Applications (eventually acquired by Telvent, now the leading provider of industrial supervisory control and business process management systems). This was my introduction to Supervisory Control and Data Acquisition (SCADA). While there, I learned a lot about master stations, Remote Terminal Units (RTUs), protocols, and telemetry. The systems I was assigned to support included a SCADA system in Denmark, and Alyeska (the Alaskan Pipeline). Both systems ran on 16-bit Data General Eclipse computers with 64K of memory and a 5MB hard disk (removable), and were completely written in assembly (machine) code.
SCADA systems sit at the upper end of the M2M space, communicating with end devices every few seconds or minutes and have a low tolerance for latency (the time it takes to get a response from a device). Low-end M2M applications, such as asset monitoring, may only communicate with a device once a day, week, or even month, and generally have a very high tolerance for latency. Notably, it was at Control Applications that I first met Jim Nelson (President of Diverse Networks), and Dan Nagala (President of UTSI), among others, who would have a significant impact on my development and career.
In 1985, I left CA to join UTSI, where I was to stay for the next 14 years. Most of the projects I worked on while at UTSI involved some aspect of the M2M solution. One significant project was to develop, from scratch, a Front-End Processor which used a PC with an embedded ARTIC communications card to collect data from remote flow computers via dial-up lines and store the data until retrieved by a mainframe. This is a great example of an M2M application.
Another great project was working at an Independent Research and Development (IRAD) lab for IBM, researching protocols for high-speed networks. I learned a lot of different protocols on this two-year project, and wrote device drivers for DOS, Windows, and UNIX. It was at IBM that I first had access to the Internet in the late 80’s.
My next project was a three-year contract with WilTel’s (acquired by WorldComm) Advanced Technology Group. Here I worked with a team to design and develop a Network Management System (NMS) for the ATM [a network protocol, not the devices that give you money at the bank] network they were deploying. An NMS is another example of an M2M application. Like SCADA, a central system monitors and control remote devices, collecting and storing data about these devices. It is interesting, however, because almost everything else changes: the control system, the protocols, the devices monitored. Basically both systems are just collecting, storing and presenting information, but rather than measuring barrels, cubic feet, or watts; an NMS measures bytes and packets. While at WilTel, I learned a lot about high-speed wide-area networks and protocols, including Sonet, ATM, and Frame Relay.
My next assignment was to Metricom, which had developed the very first spread-spectrum wireless mesh network for consumer use. Again, I was tasked with designing and developing an NMS for their nationwide network. The major difference this time was that the network included wireless networks and devices in addition to a wired backbone. Wireless networks are a very different animal to manage. While the primary goal of managing wired networks is to maintain availability, the goal of managing wireless networks is to maximize availability. Wireless networks have many challenges that are of little or no consequence to wired networks. Once a wired network is up, they are normally quite stable unless someone accidentally digs up one of their lines or human error leads to an accidental disconnection. But a wireless network must contend with issues such as radio and electro-magnetic interference, roaming, oversubscription, weather, line-of-sight, reflection, and many other issues that work against it. Sometimes it is amazing that it works at all.
One important lesson that I learned from Metricom was that wireless data networks are difficult to manage, but they are manageable given the right expertise. I saw an opportunity in that many companies might need to communicate over wireless networks, but would not have the expertise on staff to operate these communications smoothly. With that, I left UTSI and joined Diverse Networks, a company that provided consulting and operational support for wireless data networks.
It was the summer of 1999, and the dot-com boom was in full swing. Wireless networks and services were popping up everywhere, and there were plenty of opportunities for Diverse to provide this expertise. We managed services for companies such as SkyRiver, another company much like Metricom, Palm.net and OmniSky. But everyone knows what happened a year later. With the bust, many of these companies were forced to scale back or went under. Most of our business dried up, with Palm being one of our few successful clients. We were forced to change our business model.
While at Metricom, Jim Nelson had come up with an idea for an “Industrial Internet.” Basically, this was the concept of providing M2M data services. He continued to contemplate the idea and, in 2002, Diverse began the research and development into providing just such a service. This has become our M2M Platform.
So, what is M2M, exactly? In theory, the concepts for M2M are very simple, but in practice they are far from it. Basically, a user has some “thing” that has information the user needs or wants. Usually, this “thing” is not already able to communicate the data back to the user (if it does, it is usually expensive to do so). So this information needs to be converted into a format usable by a computer and then communicated back to a server. This server may process the data, store it and/or pass it along to another server, and then convert it into a presentable format (reports, web pages, etc.). The picture below is worth more than all those words:
The devil, of course, is in the details. Communications is the hardest part of the equation. What carrier do you use? What modem? What protocol(s)? Is a wired connection better, or is wireless? What are the costs of each of these options? I can tell you from experience that wireless networks can be much easier to set up, but much harder to maintain, while wired networks are usually harder to set up, but easier to maintain. Most users are not prepared to answer these questions. What is most surprising to me is that this data, if it is collected at all, is being collected by people in trucks. You’re probably familiar with the “service call.” Someone comes by periodically to check some piece of equipment to make sure it is still functioning correctly. Why do companies send these people all over in trucks to check these things? Because they don’t know any other way to do it. It’s not that they wouldn’t like to just sit back in their offices and have the devices tell them when they need to be checked, they just haven’t been offered an easy, cost-effective alternative.
M2M is about to change all of that. It is about to change the way many businesses work, change their business models, and ultimately improve their bottom line.
All my experience up to this point has led me to be in the right place at the right time. For M2M, I now have all of the pieces I need, in terms of experience, to put the puzzle together. I have worked on all of the components, at one time or another, which make up an M2M solution and can readily see the big picture as well as understand the smallest details.
Not a week goes by when I don’t talk to at least one person who has a need for the type of service we plan to provide. I often talk to people about what we do and find that they could use our service, but don’t even know that such capabilities were within their reach. This reminds me very much of fifteen years ago when the Internet was just about to become commercially available. There were many businesses and people who could have made good use of it then, but they had no idea it was even coming or what it was really about. I think we’re in exactly that same position now with M2M.
In closing, I would like to relate this story. In 1993, the government decided to commercialize NSFNet, the Internet. I had first gained access to the Internet while at IBM in 1989. It had proven itself incredibly useful as a research tool. But back then, you had to have some type of government approval to get access to it. When I heard that it was going to be commercialized, I immediately saw the huge potential. I told anyone who would listen that this would become more important to business than the fax machine (can you believe that?) and that everyone would eventually have it in their homes. I was consulting to WilTel at the time, and went to their executive management with the idea to create a R&D program based around the Internet to research ways to enable eCommerce [not my term, but in common use now]. My proposal was to create a “Xerox PARC” for the Internet. Unfortunately, my ideas fell on deaf ears. I then tried to start my own Internet venture, but did not have the expertise to start and fund a new business in 1994. So I had to sit by the sidelines and watch the explosion that became the “dot-com” era.
At the time, I felt that such an opportunity would come along once in a lifetime, and that I had missed my big opportunity. I swore to myself that if I ever did get another opportunity, I would not let it slip away from me again. Little did I realize that my own field, M2M, would become the next “big opportunity.” I sincerely hope this time my ideas will not fall on deaf ears. I am certain that M2M is the next big technology wave to sweep the globe. And this one promises to be even bigger than the last. While there may be hundreds of millions of Internet users out there, there are literally billions of devices that have useful information that someone, somewhere, needs access to. I hope you’ll ride this wave into the future with us.
Dennis Parker,
CTO, Diverse Networks
PMP, CISSP
In theory, there is no difference between theory and practice.
In practice, there is.
-- Yogi Berra
Possible long term play?
Absolutely!
We do not know much about how The capitalization is going to turn out, but I feel that this will come together quickly and include Camera and UTSI to round out the M2M package. Traders will take quick profits and many of us will be going for bigger gains at a long term tax rate. Many traders will not get back in unless it is driven back down to previous support levels. I expect new support levels at .03 and .05 to develop after this move and the next news and the 10K. The 10K will be the first true DD for us to evaluate. GLTA
Hal
This board is so dead, raging bull is alive but so many people pushing agendas it can be hard to sort through it all. Jkri is alive and has held above a cent. I take that as a good sign I don't think that it will go much lower than that. I doubt we will see a big run soon (but maybe, I was wrong on cnes). I am in this and spzi amolst entirely. After there is news of the Usti meger being complete and a good 10k I think we could make a decent amount of change out of this stock. It is a penny stock yeah, but way better than most I have played. I am actually thinking of staying really long with this company, I am still unsure though.
Chart look great for an other upleg...
http://stockcharts.com/h-sc/ui?s=jkri
Letter to the Shareholders (posted on website}
Thursday March 9, 2006
By George Wren, President of Data Services
As the new president for Diverse Network's Data Services Division, I thought it might be helpful to discuss my insights into the machine-to-machine (M2M) market, my vision for Diverse Networks, Inc., and what new products and services we're developing for applications within this extensive market.
First, let me start by saying that I, like many analysts that follow the M2M space, believe the market, and need, for M2M products and services truly is enormous, its applications in all industries are far reaching, and that we're just beginning to see what M2M technology and business processes can do.
From a simplistic standpoint, M2M is about data flowing between untold billions of devices, and between those devices and people that need information to help them make better decisions. The information can be anything from monitoring the environment inside remote greenhouses, gathering data about traffic flow and thermal stresses on a bridge, to sending daily electricity usage information to you on a display in your home. Though some of this type of information exchange has been done for many years, especially within the energy industry, today's new technologies allow us to apply it to an even greater number of uses, especially where expensive and aging infrastructure exist. When determining which applications this could be used for, it all comes down to this: is there is a compelling need for it, is there a way to do it, and can it be cost justified.
Compelling Need
One subject that much has been written about recently is the aging infrastructure of the electric utility grid in the US. The extent of its detoriation is debated but the need to make it last longer and operate better is not. For that reason, many utility companies are gathering information concerning the health of the infrastructure "assets" they have installed. Obtaining data is one step toward implementing M2M technology, but there are many processes or services beyond that which allow them to better utilize and manage their assets. Some of those can include detailed analysis of the data, conditions based maintenance programs based on that analysis, real-time work orders for service technicians, automated programs embedded in equipment to determine where an outage may occur and preventing it, interactive programs between customers and energy providers to better match demand, etc. It all starts with obtaining data but once that is done, new processes and procedures are set in motion to use it.
This is one example of what the M2M market is all about but the need for gathering information and utilizing it for both decision-making between machines, and between people, is everywhere. It's already done in automobiles, in manufacturing facilities, in refineries and many other industries. Many well-known companies are addressing those applications and improving the technology. However, one area where implementing these techniques has been difficult to do has been over city-wide or large geographical areas, for large multinational companies with assets all over the world or for equipment or infrastructure in very remote locations.
The Means To Accomplish
For many years both oil & gas companies and the electric utility industry have used what's called a SCADA system (Supervisory Control And Data Acquisition System) to control the flow of gas, liquids or electricity from its production or generation facilities to its intermediate processing or distribution points. However, the flow from the major distribution locations to the point-of-sale, like your home, has been relatively unmonitored or controlled. The reason for that is one of scale. SCADA, or other types of data gathering methods, simply weren't designed to gather or manage the data from the hundreds of thousands or millions of points associated with end-users. One reason was communications availability and cost. Until recently, communication networks weren't available to transport large amounts of data over widely dispersed areas. Also, low cost electronic sensors or meters that create the data didn't exist, software systems were expensive, and management hierarchy to control such a vast acquisition network hadn't been developed that one could cost justify. I guess one could say it's been an opportunity waiting to be addressed. Well now we can.
Since the late 90's, a convergence of events has taken place that makes addressing this and many other types of applications possible. Paramount to this has been the proliferation of wide area data communication alternatives, advanced sensor, metering and short-range wireless technology, processor-controlled devices and the Internet. It's all of these components that allow a new generation of connected, or networked, devices that enables the M2M market and will change how we conduct business. On a macro level, I've called the results of these efforts the Industrial Internet but another term widely used and discussed is from Harbor Research www.harborresearch.com who calls it the Pervasive Internet.
However, all the technology in the world is useless unless someone can put all the pieces together to make it work, implement it for a wide-range of applications, manage it, and make available, and useful when people need it.
New Services To Offer Cost Justification
This brings me to Diverse Networks and why I believe we have such a great opportunity to address the M2M market. I've worked in this industry for over thirty years and have watched many companies enter with new products and ideas, promote those for a time and then leave after much effort to get those ideas adopted. It takes patience, timing, the right people and the ability to execute. And, in my opinion, in the M2M business, it also takes a services-oriented company to capitalize on the opportunity.
Whenever disruptive technology is implemented, it takes someone to take complete end-to-end responsibility to make sure it works well, is easy to use, and provides the service that's expected from it. If not, the effort stumbles, customers become disillusioned, and adoption slows down. Our service will be a complete end-to-end, data acquisition and delivery service designed to offer our customers the ability to obtain data from wherever they want and deliver to any place they want for a price that's less than they can do it themselves. It's also a platform for offering additional analysis and data presentation services for the applications we're already familiar with or through the acquisitions we make or alliances we form.
In the coming months we will be updating our current generation service, which has been field tested for some time now, and implementing a more versatile architecture that will allow us to address more applications and needs based on the customer input we've collected. In addition, as we re-initiate marketing and sales efforts, we'll be working with different customers to trial applications within our initial target markets for energy, municipalities, water/wastewater and selected equipment manufacturers. As we get closer to launch, you'll see our website change and more information about our M2M services will become available as we complete each stage of commercializing our new business.
I am very excited to be here at Diverse Networks, Inc. We intend on being a market leader in M2M services and with the experience, focus, people and the plan we're bringing together, I believe we can achieve that. In my career, there has only been one other time when so much "buzz" has existed about changes occurring in the energy industry. That time was in the late 70's and it was due to the 73' and 79' gas crises, the creation of the Energy Department and PURPA, a utilities policies act. The changes today are occurring for a list of similar reasons, and where there's change there's also tremendous opportunity to be a part of implementing new ideas. That's what makes this the right time to be here.
George Wren,
President, Data Services Division
Diverse Networks
(Voluntary Disclosure: Position- Long; LT Rating- Strong Buy)
Diverse Networks, Inc. Signs Master Services Agreement With Camvera Networks, Inc.
Wednesday March 8, 6:00 am ET
SAN DIEGO, March 8 /PRNewswire-FirstCall/ -- The Jackson Rivers Company (OTC Bulletin Board: JKRI - News) announced today that its wholly owned subsidiary, Diverse Networks, Inc., has signed a Master Services Agreement (MSA) with Camvera Networks, Inc., an established provider of wireless data services to municipalities and utility markets in the Southern United States. Under the terms of the agreement Diverse will provide Camvera with network management and operational support services associated with the building and operation of the wireless networks.
ADVERTISEMENT
Camvera designs, engineers, installs and supports state-of-the-art Non- Line-of-Sight fixed wireless broadband systems primarily for small municipalities, utility companies, and ISPs in under-served rural markets throughout the United States. The typical coverage "footprint" often exceeds 300 square miles and integrates effectively with current fiber optic networks. To date, Camvera has installed over 12 networks primarily in the southern regions of the United States.
Diverse Networks, Inc. intends to support Camvera's operations through one of the hardened Network Operations Centers (NOC) at its Houston facility. Diverse originally built these facilities to manage and operate networks for Palm.net and OmniSky and has more recently used the operation centers to provide services for other wireless network providers. The NOC also serves as the host and management center for Diverse's M2M platform.
"Camvera is the leading provider of municipal wireless broadband systems in the U.S.," noted Carl Peede, President of Camvera Networks. "We've built a solid reputation for building cost effective, turn-key wireless networks for underserved rural communities. This agreement with Diverse allows us to expand our offerings to include carrier grade management and operational support to our clients and their networks."
Added Peede, "We feel that by leveraging the facilities and broad wireless operational experience of Diverse Networks, we create a much greater value proposition for our customers."
"Diverse Networks feels privileged to be able to help serve Camvera and their clients," stated Jim Nelson, President of Diverse Networks and Jackson Rivers. "We see a high level of synergism between our two companies as we move forward in building a M2M solutions company. We anticipate using transport services from the many Camvera designed and operated wireless networks as we implement M2M solutions in the municipalities served by Camvera."
Camvera has offices in Atlanta, GA. Additional information on Camvera Networks, Inc. can be found by visiting the company's Web site at www.camvera.com. Information relating to Diverse Networks, Inc. can be found at www.diversenet.com. The Jackson Rivers Company is a publicly traded corporation on the OTC Bulletin Board. The company's ticker symbol is JKRI. Information on The Jackson Rivers Company can be found at www.jacksonrivers.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of JKRI and Diverse officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future JKRI and Diverse actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and JKRI has no specific intention to update these statements.
Source: The Jackson Rivers Company, Inc.
News
http://biz.yahoo.com/prnews/060308/law068.html?.v=47
lawtell
I noticed this, I sincerly hope that they change things sooner rather than later. The float may be small now but....thats potentialy alot more shares. So far they have given intentions of becoming a real and serious company, lets hope it all works out for us. In the short and long games. The 8k today seemed like at least a step in the right direction.
powerbattles
From the last 10Q
RECENT CHANGES IN OUR CAPITAL STRUCTURE.
Effective July 25, 2005, we amended our articles of incorporation to increase the number of our authorized common shares to, par value $0.00001 per share, to 990,000,000. The number of our authorized preferred shares, par value $0.00001 per share, remained at 1,000,000,000.
If you look through other filings you will see we have 80m preferred B shares the rest are Preferred A which were converted at 1000 to 1
Now they are all onverted at 1 to 1
1b preffered
990m common equals 1.9 billion AS
Davidam I saw you’re posted on ragingbull. Please kindly explain how do you come up with 1.9 Billion in the AS common and preffered combined Thank you in the advance eom
I'm still holding to all my shares and waiting for the UTSI merge news. good time is ahead eom
Is JKRI related to AXIGE, since both companies share the same mailing address?
'Just wondering.
SOON!
And it will cycle and breath as MMs cover on higher bids.
Watch out for a quick upside move with any news!
I would like to hear the answer to this also. I am holding, waiting for it to go up.
I bought 1,088,000 shares of JKRI on Friday. Everytime I bought they brought the ask down. Does look like shorting is going on? Does anyone know when we could see a pr? thanks christine
The general consenus is that the MM's are short no one is selling thus shares are tight. If that is the case we could be sitting pretty, who really knows though.
Letter to Shareholders - 26 February 2006
With the completion of the audit of Diverse Network Inc, our wholly owned subsidiary, and the filing of the Amendment to our 8-K statement to the Securities and Exchange Commission, I guess we can now say that Jackson Rivers Company is officially a new company. And that is true in many ways. We can boast of new management, the best in our business I believe, professionals with dedication, experience and the desire to succeed. We have a defined vision that looks upon a new horizon in information management. We have created a direction for the company that points to we believe are endless possibilities and opportunities.
Diverse Networks is a small but, I believe, a strong and exciting company. The people who founded it nearly eight years ago are some of the most dedicated in the business, high in integrity and committed to success. The company itself has done relatively well since its inception, and as the recent audited financial statements indicate, achieving revenues above $6 million a year until 2005. What the audited financial statements do not immediately reveal is that Diverse was in effect investing a considerable portion of its potential profits into the development of a new platform for M2M services, a platform that has been tested with major companies and proven itself over years of use. It is this platform for M2M that will be one of the foundations for our future growth.
As we have stated in previous announcements, Jackson Rivers Company is being developed to compete as a leader in the Machine- to- Machine or M2M industry. What that means is that we specialize in using devices to collect data from other machines, transmit this data across a network, then process this data into some kind of meaningful information for our client or end user. Our world is always looking for ways to increase productivity, efficiencies and monitor results. M2M services enable companies to better control their environment and improve results.
Industry analysts talk about the M2M space as representing hundreds of millions if not billions of dollars as more companies seek information. Some in the industry talk about how the need for data and information is insatiable and we are just beginning to see what will be massive efforts and dollars spent to harness this information. Many companies have jumped into one part of the M2M industry or another and for the most part it is comprised of many smaller companies specializing in niche areas. Our goal is to be a total services provider, to be able to work with a customer from one end of the system to another, from the collection of data to the processing of information. We believe that this ability to work end to end for our customers is what will differentiate us from much of the competition.
Our vision, our goals and the paths we are pursuing are the result of years spent working in the information and network management business. The employees of Diverse Networks have developed or managed data and information systems for major companies such as Ricochet, Palm.net, BP, Chevron and General Dynamics. Our state of the art facilities in Houston, Texas are equipped to handle the largest of customers as well as many smaller customers.
To be a major participant in the M2M space, however, we believe we will have to move decisively as the industry itself is changing rapidly. One important decision we made was to become a public company through the merger with Jackson Rivers. Another decision has been to divide the company into two business units: the consulting unit and the M2M services unit. At the same time, we have identified four key areas of opportunity for the Company: Oil, gas and pipeline industries; Water and wastewater management; Municipalities and utilities; and Original equipment manufacturing.
Although we began assembling the plans for a new company nearly a year ago, our work here at Jackson Rivers has really just begun. The company is , we believe, undercapitalized and we expect that it will take some time for the market to recognize that what was once an underperforming company now has a solid and substantial business at its core. At the same time, we are prepared to go forward aggressively and advance our goals through partnerships, joint ventures and strategic acquisitions.
We have already announced two pending acquisitions, Camvera Networks and UTSI International. Both of these intended acquisitions came after long discussions among the principals and careful evaluation of how we could join these companies together. While I am not in favor of announcing nonbinding “Letters of Intent,” these acquisitions are key to our development and I wanted shareholders to begun to see and understand the path we are trying to build here at Jackson Rivers.
UTSI and Diverse Networks actually share a history and already have precedence for working together over the years. I am extremely excited about bringing Dan Nagala, the CEO of UTSI, into a more formal working relationship with Diverse as between the two companies, we have arguably the finest and most experienced data and information management teams team in the petroleum industry among others. UTSI provides great support to the consulting side of the Jackson Rivers’ business plan, as well as great experience in many parts of the world.
Camvera is an exciting young company that has, I believe, developed a strong and successful business plan for providing wireless networks for municipalities and in developing countries. The networks they deploy can become the backbone on which many M2M applications can be supported, M2M applications such as automated meter reading, emergency response systems, and resources management. As the need for network services in many of these areas is growing, so are the opportunities to provide many new and valuable applications across these networks.
We are working diligently earnestly to complete the due diligence on the proposed acquisitions we have announced. This can be a lengthy process taking months before we are completed. Meanwhile, we will need to bring capital into the company to support our planned growth and those financing efforts will depend to some extent on our being able to achieve a more representative market cap and share price of the company’s stock.
There is a lot of information to share with you and we will do our best to provide regular updates on our progress. At the same time, I will be asking others within Jackson Rivers to share some of their views on the M2M industry and their perspectives on how we will grow as a company. Soon, we hope to have our web sites upgraded and be better able to to interact with our shareholders.
We are a new company, and we have a lot of work to do both in terms of growing the business as well as in improving our communications with you. I appreciate all those who share our enthusiasm and who are supporting our efforts. I look forward to our working together.
Jeffrey Flannery, CEO
R/S, what are they going to R/S, there is barelly any Float left to divide. ?????
Just went through a big R/S with JKRI not all that long ago.
Was 5-9-05
Did 3 big reverse splits about 3 months apart.
http://www.pinksheets.com/quote/company_profile.jsp?symbol=JKRI
.0245 It's getting exciting to see it break 200DMA.
Awesome day! closed .0168 up 68% should gapper tomorrow. eom
MORE NEWS...
George Wren to Join Diverse Networks, Inc. as President of M2M Data Services
Feb 28, 2006 9:46:00 AM
SAN DIEGO, Feb. 28 /PRNewswire-FirstCall/ -- The Jackson Rivers Company, Inc. (OTC Bulletin Board: JKRI) announced today that George Wren will join its Diverse Networks, Inc. subsidiary as President of the M2M Data Services Division. Wren has more than 30 years experience in the utility and high tech industries, with international experience in developing and marketing new products and services. Jackson Rivers Company is a developer and provider of Machine to Machine or M2M solutions for the oil and gas, pipeline, utility and communications industries. Through the recent acquisition of Diverse Network JKRI now manages software and engineering services for companies such as Chevron and BP.
Jim Nelson states that, "We're extremely fortunate to have an experienced leader like George directing our efforts in the emerging M2M business. His background in developing and launching electronic metering products and wireless services is vital to our bringing to market the new types of M2M data acquisition services we've been developing over the past 2 years."
Wren's background includes ten years at Schlumberger's Electricity Management Division, now owned by Itron, Inc., in various sales and marketing management positions. While there he was responsible for launching the Quantum(R) meter product line, one of the first electronic meters in the electric utility industry. Prior to joining Diverse Networks he served as VP Product Marketing for Metricom's Ricochet(R) consumer and industrial services and the UtiliNet(R) fixed network products. George started his career with General Motors' Electromotive Division as a field services engineer directing the installation of large peaking generator units. He is well known and respected for his insight and vision for recognizing new business opportunities in the energy industry, especially in emerging technologies and products.
Upon acceptance of his new management position, Mr. Wren issued the following statement, "The M2M industry is an exciting and rapidly changing sector of data management with the potential to truly change the way information is used. For those of us with a history in the energy industry, we see that M2M really crosses a wide range of applications including traditional areas such as automatic metering reading, load management and SCADA. With the proliferation of inexpensive wide area communication alternatives, short-range wireless mess networks and new sensors, Diverse Networks is positioned to deliver new and less expensive ways of obtaining data that was impossible or cost prohibitive to do before. I'm happy to be a part of this opportunity."
More information on Diverse Networks, Inc. can be found on its web site, www.diversenet.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of JKRI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future JKRI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and JKRI has no specific intention to update these statements.
SOURCE The Jackson Rivers Company, Inc.
----------------------------------------------
Janet Whitehead of The Jackson Rivers Company
Inc.
+1-619-342-7443
Possible R/S,, "bring capitol into the company depends on the market cap and share price"?
HOLDING TIGHT! FLOAT IS GONE. Very few selling, MMs they are in big trouble and they know it, mark my word...you are about to watch a major short squeezes eom
Diverse Networks, Inc., a Subsidiary of the Jackson Rivers Company, Inc., Signs Agreement to Pursue Oil and Gas Projects in Nigeria
Monday February 27, 9:00 am ET
SAN DIEGO, Feb. 27 /PRNewswire-FirstCall/ -- The Jackson Rivers Company, Inc. (OTC Bulletin Board: JKRI - News) announced today that Diverse Networks, Inc., a wholly owned subsidiary of the Company, has signed a Memorandum of Understanding (MOU) with MPA Services, Limited, an indigenous registered Nigerian company. The MOU established Diverse Networks, Inc. as a technical partner of MPA for providing a wide variety of information technology and telecommunication services to the oil and gas industry in Nigeria as well as several other neighboring oil and gas producing nations within Western Africa.
Diverse was notified on February 21, 2006 in a letter signed by the managing director of the Nigeria Gas Company, that the Company has been pre-qualified to provide SCADA system design and specification and special application programs such as leak detection, gas quality monitoring and tracking. It is expected that the final contract for services will be released by third quarter 2006 if not earlier.
Diverse and MPA Services have teamed with UTSI International based in Houston, Texas, to bid on a solicitation issued by Nigerian Gas Company (NGC) for engineering consultancy services for the NGC pipelines within Nigeria. The MPA/Diverse Networks team has also tendered a quotation for services associated with the development and deployment of special project tracking and management system for the use of the National Petroleum Investment Management Services (NAPIMS) group within the Nigerian National Petroleum Corporation (NNPC). NAPIMS has the responsibility of overseeing the Federation's investments in oil and gas projects within the country.
"I view these initial projects as indicative of the many opportunities within the oil and gas industry of Nigeria and all of Western Africa. We chose to launch our efforts to offer such technology focused services on the African continent in Nigeria because they are one of the largest exporters of oil to the U.S. and they have expressed a strong desire to upgrade the technology used within the industry in the country," said Jim Nelson, President of Diverse Networks, Inc. He also stated that, "We are truly fortunate to have teamed with such a quality company as MPA Services, Limited. I have had the opportunity to meet and get to know Obie Mbakwe, Managing Director of MPA Services and have great respect for both his integrity and business ability."
More information on Diverse Networks, Inc. can be found at: www.diversenet.com. Information on The Jackson Rivers Company can be found at www.jacksonrivers.com.
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of JKRI and Diverse officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future JKRI and Diverse actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and JKRI has no specific intention to update these statements.
--------------------------------------------------------------------------------
Source: The Jackson Rivers Company, Inc.
http://biz.yahoo.com/prnews/060227/lam060.html?.v=36
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