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Their financials show they have some cash at the end of their year
http://finance.yahoo.com/news/Microholdings-US-Inc-iw-2803458176.html?x=0&.v=1
Now my question is how can a company that has no assets, no monies of any kind come out and be a sponsor on the super stock circuit. The last time I checked, this takes a ton of change!
Feb 06, 2011 Annual Report Just Out
MBOT
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=43612
It has been rather quiet since Wheeler announced they had "signed" a deal to promote there new acquisition. I was still wondering why they have not announced the name of who will be handling this for them, and also since they appear to have no operating funds, just curious as to how they will pay for this.
Just courious as to why the name was not given of this "media" company that is supposed to run these commercials? Normally I would not question it, but this being a Wheeler venture there are a whole lot of reasons to raise doubt.
More News today.... looking to see this over .10 within a couple weeks imo.
Microholdings US, Inc. Announced Today It Has Signed a Deal With a National Media Company to Promote The Racers Edge Pain Chips
VANCOUVER, WA, Jan 25, 2011 (MARKETWIRE via COMTEX) -- Microholdings US (PINKSHEETS: MCHU) announced today that they have signed a deal with a National Media Direct Response Company to promote and advertise The Racers Edge Pain Chips. Under the conditions of the agreement the media company shall produce a 60 second commercial which shall start airing in 5 major metropolitan areas and expand into a National advertising campaign as sales grow. We will start scripting and production of the commercial immediately and commercials should start airing sometime in March.
James Wheeler, Chairman/CEO, stated: "We are pleased that we were able to get this deal done so quickly. This is the 1st major advertising campaign ever done for The Racers Edge Pain Chips and we are expecting a large volume of sales to begin when the commercials start airing." Wheeler continues: "This Media Company does not take on all products. They are very selective about the products they work with and the success rate with product marketing is extremely high. I'm pleased that they feel The Racers Edge Pain Chip has what it takes to be successful in a Direct Reponses Marketing program."
News today.... and Nice uptick, looks like it may gap up ask was at .38 at close.
Microholdings US, Inc. Announced Today It Will Be Presenting at the Financial Services Exchange, Inc. This Week in Atlanta, Ga.
VANCOUVER, WA, Jan 24, 2011 (MARKETWIRE via COMTEX) -- Microholdings US (PINKSHEETS: MCHU) announced today that James Wheeler will be speaking at the Financial Services Exchange, Inc. (FSX) this week in Atlanta. Mr. Wheeler will present MCHU and its new acquisitions The Racers Edge and ConnectIT Networks at the conference to expose each of the companies to more individuals and companies in the financial community for new investments and retail support opportunities.
James Wheeler, Chairman/CEO, stated: "We are seeking to raise awareness of MCHU and its new acquisitions of The Racers Edge and ConnectIT Networks. The conference will have a wide variety of broker/dealers and we hope to raise their attention to the new activities of MCHU, in order to gain support and possible new investment interest. We feel at the current time that the MCHU trading does not adequately reflect the new changes in MCHU since the 1st of the year and are striving to improve that for our shareholders."
Maybe with a tiny bit of volume will break 5 today
NEWS
Microholdings US, Inc. Completes Agreement to Purchase ConnectIT Networks Inc.
Microholdings US New (USOTC:MCHU)
Intraday Stock Chart
Today : Monday 10 January 2011
Microholdings US (PINKSHEETS: MCHU) announced today that it has completed its agreement to purchase ConnectIT Networks Inc., as scheduled. Microholdings US is a Public Holding Company positioned for new mergers and/or acquisitions.
ConnectIT Networks, Inc. is an innovative business Information Technology Support and Service Company based on the belief that a Managed Service Provider can provide quality outsourced IT support, network system monitoring and service.
James Wheeler, Chairman/CEO, stated: "We are pleased to announce we have completed the agreement to purchase ConnectIT Networks Inc. This is our second completed acquisition and we feel that this will increase the revenue of Microholdings in the upcoming year; management also believes it will bring additional shareholder value to MCHU." The purchase closed on January 1, 2011.
About Microholdings US, Inc.
Microholdings US, Inc., incorporated in the state of Oklahoma, has been in operation since October 1998. It is currently a publicly traded OTC company, trading under the symbol: MCHU. For the latest information on Microholdings US Inc. contact investor@microholdingsus.com or visit our web sites www.microholdingsus.com, http://premierstocks.tv/images/company_links/mchu.pdf
About ConnectIT Networks, Inc:
ConnectIT Networks, Inc. is an innovative business Technology Support and Service company based on the belief that a MSP (Managed Service Provider) can provide quality outsourced IT (Information Technology) support and service to SMB companies who operate or need to operate their business electronically. ConnectIT Networks, Inc. provides real-time network and systems monitoring, reporting and technical support for its customers, as well as remote help desk support and on-site support services.
ConnectIT Networks, Inc. has strong technology partnerships with industry leaders such as Cisco Systems, Dell Computers, and Microsoft Technologies.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of MCHU officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
Contact:
Premier Media Services
Kelly Black
President
Office: 1-480-649-8224 or 866 216-8814
Oh your so right Penny! It sounds like we both could start a reality show staring these two...who knows it might be a hit!
And was president of MCHU when it was held under NWTT. That's what I mean about not even trying to hide their scam.
Neiberger was originally with Wheeler at Skybridge Wireless Inc. (Las Vegas)That business ripped off hundreds of investors before finally shutting their doors in June 2005. Wheeler and Neiberger both live in the Vancouver Washington area and are joined at the hip in most ventures
What do you mean "former" partner in crime. Neiberger moved to Washington with Wheeler. Although according to the Nevada SOS Wheeler still maintains a Nevada address listed on some of his other "ventures". ConnectIT was originally Desert Sky Networks. Really, I expected better than this, to be able to poke holes through this deal with only the slightest DD, Must be losing his touch. Glad i didn't get in this one.
I forgot to mention this post. I was reading microholdings website and the comment that states: Mr. Wheeler has raised $250,000 up to $65,000,000 depending on the needs and quality of different companies.
I must question the part that says Wheeler has raised up to $65,000,000... Having known Jim for quite some time I have never been aware of him being involved in that size of capital. If there is anyone out here that can provide additional information on this, it would be greatly appreciated. Thank You.
Well since ConnectIT is owned by Jason Neigberger, Jim Wheelers former partner in crime from Las Vegas, this little venture should prove to be very interesting to all those that invest into this POS.
GREAT news! Microholdings US, Inc. Completes Agreement to Purchase The Racers Edge, Inc.
Press Release Source: Microholdings US On Monday January 3, 2011, 11:29 am
VANCOUVER, WA and PORTLAND, OR--(Marketwire - 01/03/11) - Microholdings US (Pinksheets:MCHU - News) announced today that it has completed its agreement to purchase The Racers Edge, Inc., as scheduled.
Microholdings US is a Public Holding Company positioned for new mergers and/or acquisitions. The Racers Edge Company is in Performance and Pain management for everyone from Pro Athletes to the average person with chronic pain. Microholdings US, Inc. will seek to expand the marketing and sale of The Racers Edge Products through mass media marketing in 2011.
James Wheeler, Chairman/CEO, stated: "We are pleased to announce we have completed the agreement to purchase The Racers Edge, Inc." Mr. Wheeler continues: "We are excited about The Racers Edge products and feel that this will increase the revenue of Microholdings in the upcoming year; management also believes it will bring shareholder value back to MCHU." The purchase closed as scheduled on January 1, 2011, MCHU received assets and inventory in the transaction with a retail value of over $500,000. For more information visit our company web-sites at www.microholdingsus.com or www.theracersedge.us.
About Microholdings US, Inc.
Microholdings US, Inc. incorporated in the state of Oklahoma and has been in operation since October 1998. It is currently a publicly traded company, trading on the Pink Sheets under the symbol: MCHU.pk.
For more information on Microholdings US, Inc. contact investor@microholdingsus.com or visit www.Pinksheets.com (http://premierstocks.tv/images/company_links/mchu.pdf) for the latest available company information.
About The Racers Edge, Inc.:
THE RACERS EDGE Products were created out of a need for a safe alternative to "over the counter" or prescribed medications to provide energy, stamina, and pain relief for athletes.
The Pain Relief / Pain Management Hologram Patches, circular in appearance, are designed to reduce aches and pains of those suffering from minor everyday aches to chronic discomforts from injury.
The Energy / Performance Hologram Patches are roughly half the size of a standard postage stamp and have all the energy of a sugar and caffeine-laden energy drink without any harmful ingredients or chemicals entering the body and without the crashes.
Just took over as mod....lots of work to do so will be updating soon!
A little buying pressure and this will go up fast imo!!! I am looking forward to the weeks ahead.
New acqusitions all over the place...new website...LOW Float = NO BRAINER!! Happy to be here!
Microholdings US, Inc., a Publicly Traded Pink Sheets Company, Announced the Launch of Its New Web-Site
Press Release Source: Microholdings US On Thursday December 30, 2010, 11:28 am
VANCOUVER, WA and PORTLAND, OR--(Marketwire - 12/30/10) - Microholdings US (Pinksheets:MCHU - News) announced today the launch of its new web-site, which incorporates all of its latest activity in regards to acquisitions and most current financial information. The new site is www.microholdingsus.com. The new web-site features MCHU two new acquisition companies: The Racers Edge and ConnectIT Networks.
James Wheeler, Chairman/CEO, stated: "We are pleased with the launch a new web-site to bring our investors the most current information regarding acquisitions and our most recent financial information. We have filed our financials with PinkSheets.com. This will give our customers and the investment community the most up to date information regarding the direction of the New Microholdings US."
About Microholdings US, Inc:
Microholdings US, Inc. Incorporated in the state of Oklahoma and has been in operation since October 1998. It is currently a publicly traded company, trading on the pink-sheet under the symbol: MCHU.
The company is a Public Holding Company positioned for new mergers or acquisitions. The company has currently has signed agreements to purchase two diverse companies. One is in the Technology field and the other in Performance and Pain management for everyone from Pro Athletes to the average person with chronic pain. Microholdings US Inc. will continue to seek out new acquisition candidates with the intent to eventually create new public entities to bring value to MCHU shareholders.
For more information on Microholdings US Inc. contact investor@microholdingsus.com or visit www.microholdingsus.com, www.theracersedge.us, www.connectitnetworks.com and http://premierstocks.tv/images/company_links/mchu.pdf or Pinksheets.com for the latest company information.
About The Racers Edge, Inc.:
The Racers Edge Products were created out of a need for a safe alternative to "over the counter" or prescribed medications to provide energy, stamina, and pain relief for athletes.
The Pain Relief / Pain Management Hologram Patches, circular in appearance, are designed to reduce aches and pains of those suffering from minor everyday aches to chronic discomforts from injury.
The Energy / Performance Hologram Patches are roughly half the size of a standard postage stamp and have all the energy of a sugar and caffeine-laden energy drink without any harmful ingredients or chemicals entering the body and without the crashes.
About ConnectIT Networks, Inc:
ConnectIT Networks, Inc. is an innovative business Technology Support and Service Company based on the belief that a MSP (Managed Service Provider) can provide quality outsourced IT (Information Technology) support and service to SMB companies who operate or need to operate their business electronically. ConnectIT Networks, Inc. provides real-time network and systems monitoring, reporting and technical support for its customers, as well as remote help desk support and on-site support services.
ConnectIT Networks, Inc. has strong technology partnerships with industry leaders such as Cisco Systems, Dell Computers, Microsoft, Barracuda Networks, Acronis, VMWare, Panterra Networks & N-able Technologies.
Microholdings US, Inc., Announced Today That It Has Signed Its Second Definitive Agreement in as Many Days to Purchase ConnectIT Networks, Inc.
Press Release Source: Microholdings US On Thursday December 30, 2010, 9:45 am EST
VANCOUVER, WA and PORTLAND, OR--(Marketwire - 12/30/10) - Microholdings US (Pinksheets:MCHU - News) announced today that it has signed a definitive agreement to purchase ConnectIT Networks, Inc. in addition to its announcement yesterday to purchase The Racers Edge, Inc.
ConnectIT Networks, Inc. is an innovative business Technology Support and Service Company based on the belief that a Managed Service Provider (MSP) can provide quality outsourced IT support and service.
James Wheeler, Chairman/CEO, stated: "We are pleased to announce our due diligence is complete and we have signed a definitive agreement to purchase ConnectIT Networks." This is the second acquisition for MCHU this week and management feels confident that ConnectIT Networks will also increase shareholder value going into 2011. Mr. Wheeler continues: "We are excited that we are closing out 2010 with two new acquisitions and are looking forward to a very successful 2011 for MCHU as well as our faithful shareholders." The closing will take place on January 1, 2011 to make the financial reporting easier on both companies. For more information visit our company web-sites at www.microholdingsus.com, www.connectitnetworks.com or www.theracersedge.us.
About Microholdings US:
MICROHOLDINGS US, INC. IS INCORPORATED IN THE STATE OF OKLAHOMA AND HAS BEEN IN OPERATION SINCE OCTOBER 1998. IT IS CURRENTLY A PUBLICLY TRADED COMPANY, TRADING ON THE PINKSHEETS UNDER THE SYMBOL: MCHU.PK.
Microholdings US, Inc. is committed to diversifying our portfolio of companies with synergistic business opportunities that will allow us to grow exponentially.
About ConnectIT Networks, Inc.:
ConnectIT Networks, Inc. is an innovative business Technology Support and Service company based on the belief that a MSP (Managed Service Provider) can provide quality outsourced IT (Information Technology) support and service to SMB companies who operate or need to operate their business electronically. ConnectIT Networks, Inc. provides real-time network and systems monitoring, reporting and technical support for its customers, as well as remote help desk support and on-site support services.
ConnectIT Networks, Inc. has strong technology partnerships with industry leaders such as Cisco Systems, Dell Computers, Microsoft, Barracuda Networks, Acronis, VMWare, Panterra Networks & N-able Technologies.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of MCHU officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
Just keeps coming!
Now all MCHU has to do is go up another 500% & i'll be at my break even point.
Merger News:
http://ih.advfn.com/p.php?pid=nmona&article=45809834
Microholdings US (PINKSHEETS: MCHU) announced today that it has signed a definitive agreement to purchase The Racers Edge, Inc.
Microholdings US is a Public Holding Company positioned for new mergers and/or acquisitions. The company has currently signed a definitive agreement to purchase The Racers Edge, Inc. The Racers Edge Company is in Performance and Pain management for everyone from Pro Athletes to the average person with chronic pain. Microholdings US Inc. will seek to expand the marketing and sale of the Racers Edge Products through mass media marketing in 2011.
James Wheeler, Chairman/CEO, stated: "We are pleased to announce our due diligence is complete and we have signed a definitive agreement to purchase The Racers Edge Inc." Mr. Wheeler continues: "We are excited about the Racers Edge products and feel that they will increase the revenue of Microholdings significantly in the upcoming year, management also believes it will bring shareholder value back to MCHU." The closing will take place on January 1, 2011 to make the financial reporting easier on both companies. For more information visit our company web-sites at www.microholdingsus.com or www.theracersedge.us.
About Microholdings US, Inc.
Microholdings US, Inc. is incorporated in the state of Oklahoma and has been in operation since October 1998. It is currently a publicly traded company, trading on the pinksheets under the symbol: MCHU.pk.
For more information on Microholdings US Inc. contact investor@microholdingsus.com or visit Pinksheets.com (http://premierstocks.tv/images/company_links/mchu.pdf) for the latest available company information.
About The Racers Edge, Inc.:
THE RACERS EDGE Products were created out of a need for a safe alternative to "over the counter" or prescribed medications to provide energy, stamina, and pain relief for athletes.
The Pain Relief / Pain Management Hologram Patches, circular in appearance, are designed to reduce aches and pains of those suffering from minor everyday aches to chronic discomforts from injury.
The Energy / Performance Hologram Patches are roughly half the size of a standard postage stamp and have all the energy of a sugar and caffeine-laden energy drink without any harmful ingredients or chemicals entering the body and without the crashes.
Certain Information
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of MCHU officials are "Forward-Looking Statements": within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.
Contact:
Premier Media Services
Kelly Black
President
Office: 1-480-649-8224 or 866 216-8814
What an overpriced pos this stock is.
If you don't believe it, check out the filings that came out today at Pinksheets.
So ConnectIT networks is the first merger. There's a shock. Apparently they are not even going to disguise their "activities" Next will be Nationwide Transport Services, or maybe Energyquest International?
I'll be honest, not in MCHU, yet. Waiting for my entry. I have made a lot of money on other JW stocks though, and you're right, it's all about timing.
your trades must have been very well planned, as the majority of MicroHoldings (Very Appropriate Name) shares deflate immediately after arrival...
my hats off to you, as you must be one of very few.
MCHU.....wheelers back therefore a pat on my back
Say what you will about their business practices, I've made a lot of money off those two over the years.
Well I would not say that, I know personally Jim and Jason and the other two that have been hired, if its like his past ventures I think I will keep my pennys! Lol
Yep, should be a moneymaker!
Your right. I already know that they have already started hiring some people in plans for this. Thia should prove to be very interesting
He and Neiberger have 4 different "private" companies that I figure will be the merger candidates.
Post Unavailable
Hey RSECman, was wondering how long it would take you to find this one. I know you're a JW fan. Just waiting to see what's cookin'. Waiting for this .018 paint job to wear off. LOL.
Very true. I have known Jw for many years and he seems to be keeping very quiet these days.. Do you have his correct contact information?
It's been a week now, no reply from Mr. Wheeler. Some things never change I guess...
Emailed Mr. Wheeler today, hoping to add some new info to the iBox.
I would like to welcome our new moderator, Me! GLTY
1.9 billion A/S
109 million O/S
Float 17 million
News today, get ready for the next run.
Website updated looks like this will rise from the dead soon.
MCHU.....my bad
Post Unavailable
Why is this running today?
good find.... cant find any info tho' ...dead website, dead phone to CEO, but charts say consistent 400k buys every 4 wks for last 6 months......
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COMPANY PROFILE:
Microholdings is incorporated in the state of Oklahoma and has been in operation since 1998. It is currently traded under the symbol MCHU.PK. The company currently has no assets and conducts no business. It is in the process of acquiring two separate companies to bring under the MCHU umbrella.
WEBSITES:
www.otcmarkets.com/stock/MCHU/company-info
finance.yahoo.com/q
CONTACT INFO:
MicroHoldings US Inc.
Mr. James Wheeler
4603 NE St. Johns Rd, Suite B
Vancouver, Washington 98661
Current Share Structure:
As of August 24, 2010
A/S 1,900,000,000
O/S 109,927,803
Float 16,917,600
Company Outlook:
James Wheeler has a long history of growing business, as senior vice-president of 1-800-RECONEX he helped build that company from <1m to over 25m in revenue with certification in 35 states. With the right merger candidates this shell should become a viable income producing company. Looking forward to big things in MCHUs future!
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