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I don´t know. I really have not much experience dealing with these things.
Is there something we can do, apart from waiting? Is there some random even to expect that could make this thing move a bit at least from time to time?
derrickno1, what would you tell the SEC?;
"I read the SEC filings but bought the stock anyway".
Good luck.
Aren´t we going to contact the SEC, do something? Anything...
Thanks flaflyersfan...
Even though I don´t know how to predict the immediate implications of that PR, I think the price can´t get worse than it´s now.
So I guess that if it can´t get worse it could stay the same or maybe even go up a bit. Or maybe the RS attracts some attention. Just hoping...
Cheers!
Newport Digital Technologies Provides Update to Shareholders
Newport Digital Technologies, Inc. (OTC: NPDTE) announced today that they have formally discontinued efforts to compete in the wireless, interactive digital
signage solutions business but will continue with its previously announced corporate restructuring. The Company plans to complete its restructuring and explores several business opportunities. To preserve cash, the Company has elected to become a non-reporting but will trade under the symbol NPDTE and then will revert to and trade under the symbol NPDT.
Today : Monday 2 April 2012
The Company attempted to enter the highly competitive wireless, interactive digital signage marketplace under a partnership with Convergent Holdings, but
was unable to attract the capital necessary to compete with much larger, better funded competitors in this space. It became clear to management and to the NPDT board that the Company could not profitably execute and that to continue to spend time in a market that is growing more competitive and dominated by major players would not be in the best interests of the company and its shareholders.
To that end, the Company will move forward to complete a reverse split of its common stock, eliminate all debt from the balance sheet and continue to explore an array of business opportunities that could create value for the stockholders. The company has nominal fixed operating expenses and will save tens of thousands of dollars in expenses by becoming non-reporting until it has defined its business model.
"We have worked very hard over the past few years, with limited resources and attempted to exploit potential niche markets in the digital signage space," said NPDT CEO Donald Danks. "The reality of competing against existing, established competition, a nominal balance sheet and limited human resources dictated that we make the moves that we are announcing today. We are actively exploring a number of business opportunities that we feel can add value given the current market conditions. We will keep shareholders apprised as we explore these options."
Newport Digital Technologies, Inc.
Safe Harbor: This press release contains certain forward-looking statements with respect to NPDT and its business. Statements that are not historical facts are identified as "forward-looking statements." The words "estimate," "project," "intend," "expect," "believe," "plan," and similar expressions, particularly when used in the "future tense," are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Information on potential risk factors that could affect the Company's business plans and financial results can be found in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Newport Digital Technologies, Inc. has its headquarters located in Newport Beach, California, with a branch office in Australia. If you would like more information about this press release, please contact Donald Danks at +1.949.230.8323 or email at ddanks@newportdt.com.
Contact:Newport Digital Technologies, Inc.620 Newport Center Drive, Suite 640Newport Beach, CA 92660 (800) 671-9582
SOURCE Newport Digital Technologies, Inc
Angry Hank: Thanks for post. (Wish that I could disagree with you.) It puts npdte in perspective for those who only occasionally follow it yet might naively harbor some interest in acquiring shares.
______________________ _________________________
Company seems to have abdicated its responsibility to report to shareholders. Previous news releases over the years did not materialize. Furthermore, it hasn't been able to secure a partner of any putative merit to advance company's interests in marketing a product. Now npdte websites are going dark, too. Given the dim propects of this firm, the inability of the directors to project he company's interests, the scant experience of its management in operating a successful business and the huge overhang in outstanding stock, there is little here to follow and almost nothing to commend this venture whose viability declines by the hour. The dissolution of this company isn't so much tragic as it is predictable.
The road ends here.
NPDT needs to file something soon or the "E" will go away and They will be doomed to Pinksheet purgatory.
Good luck
And what´s going on with the E? Is it going away after they fill the 10-Q? Any idea when that would happen, if ever?
At least I have seen SOME volume here... Just some thoughts.
GLTA!
donaldflynn, and they got the "E" for not filing the 10-Q or even the notice that it would be late.
Nice post.
Good luck.
Looks like it's all over for this company: No business model yet, no plan of execution, little coherent corporate structure, no significant partners to speak of, a vague, sketchy technology product, no potential revenues, and no known prospects. Pretty bleak, even in the best of circumstances.
Add to this a superfluence of outstanding stock on the order of 1.7 billion, a massive future dilution in the works, a history of not following through on news releases and you have a recipe for ruin.
Nice to see someone still checks in on this board....anybody know anything?
Okay, folks. The latest news was back in November. It's time to roll out another year. I say we shoot up from here.
I have been on this board for three years, and watched my stock go from .03 down to .0003. I only pray their is some silver lining up Donald Danks shirt but sfar it has been nothing but lies,and more lies I own 3 million shares, and have owned for 2.5 yrs. At this point there is nothing I can do either Danks fake pumps the company bringing it back to .03 or this pos just dies. I will write it off against real gains it is a shame I had high hopes but once Isaac Cruz left the company. I knew in my heart this is a dead deal.There are 1.8 billion shares so unless it starts trading in the hundred of millions it is going down like the Titanic.Good luck to all of you survivors I imagine there will be a reverse split giving me 300 or so shares worth a .05. And then the end will come to close it down. These are just my thoughts Happy Holidays.....ANGRY HANK
looks like this board is as dead as this stock....
afandor
Chart setting up nicely...if you like to LOSE money!! After a/s is increased npdt will see .0001..... Maybe even no bid!! IMO
That is a nice chart set up there imo... NPDT
~ $NPDT ~ Friday's gainers: 23 chart fix and 10 shots of DD!!
Barchart: http://barchart.com/quotes/stocks/NPDT?
Pinksheets: http://www.otcmarkets.com/stock/NPDT/company-info
Google Finance: http://www.google.com/finance?q=NPDT
Yahoo! Finance: http://finance.yahoo.com/q/ks?s=NPDT+Key+Statistics
Finviz: http://finviz.com/quote.ashx?t=NPDT
BusyStock: http://busystock.com/i.php?s=NPDT&v=2
CandlestickChart: http://www.candlestickchart.com/cgi/chart.cgi?symbol=NPDT&exchange=US
Investorshub Trades: http://ih.advfn.com/p.php?pid=trades&symbol=NPDT
Investorshub Board search: http://investorshub.advfn.com/boards/getboards.aspx?searchstr=NPDT
MarketWatch: http://www.marketwatch.com/investing/stock/NPDT/profile
Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=25&y=5
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=36&y=14
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=8&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=2&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=28&y=15
Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=39&y=17
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=35&y=12
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=6&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=23&y=19
Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=38&y=6
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=30&y=11
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=&symb=NPDT&time=18&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=8&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=35&y=14
Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=39&y=14
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=20&y=16
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=3&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=46&y=6
Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=42&y=20
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=36&y=11
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=6&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=46&y=11
Volume, MACD, ADX 3 EMA Par sar - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=16&lf=1&lf2=4&lf3=1024&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=31&y=14
RSI, Money Flow, Volume Accumulation, 3sma, Bollinger bands - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=4&maval=9&uf=8&lf=2&lf2=512&lf3=4096&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=23&y=15
Price Channel, Momentum, Volatility Slow, P/E Ratio - http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=True&insttype=Stock&symb=NPDT&time=1&startdate=1%2F4%2F1999&enddate=11%2F21%2F2011&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=6&maval=9&uf=128&lf=65536&lf2=16384&lf3=16777216&type=4&style=380&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11&x=22&y=15
Are we really up 200% Wow that sounds like alot I am only down now 5400.00 with this company whoopie.
NPDT Provides Update on New Business Model
In a recent online shareholder conference call, Newport Digital Technologies, a specialist in digital signage, had an opportunity to go over a major shift in the company’s strategy, with a new business model centered largely around their growing partnership with Convergent Holdings. Convergent is known for delivering total solutions in the field of guest and customer experience technologies for businesses worldwide.
The presentation was given by Don Danks, Newport’s CEO, together with Brooks Pickering, the founder and CEO of Convergent. In particular, the presentation discussed how Newport has chosen to move away from competing in the increasingly discounted hardware market, where major producers and distributors are able to offer below-cost pricing, and partner with Convergent in their deployment and management of content on digital signage networks. Newport, over the course of their work in digital signage, has established contact with a range of customers requiring advanced digital signage solutions, needs which Convergent, with its proprietary technologies, is in an excellent position to meet.
One of the keys to Convergent’s unique technologies is their proprietary control software and wireless hardware capabilities, which allows the control of thousands of digital signage screens, with multiple and complex content schedules, to be handled across the nation by a limited staff. Originally targeting the hospitality market, helping hotels with the design, implementation, and management of complex electronics in guest rooms and public areas, Convergent is now focused on marketing and content management and associated system services for a wide spectrum of businesses. Convergent targets include supermarkets, sports venues, health care operations, convention facilities, retail, education, and gaming. In 2009, Convergent identified a significant piece of middleware software that was very unique in its capabilities, able to operate across multiple operating systems, and also able to speak to virtually any kind of software and control any remotely controlled device.
The arrangement calls for NPDT to be vendor neutral when it comes to hardware, requiring the company to move away from its earlier position as an authorized LG reseller. In addition, it requires the financial restructuring of NPDT, eliminating all balance sheet debt and increasing the authorized stock. A shareholder meeting will be held on 12/11/11 to finalize the approval for the issuing of new shares. NPDT and Convergent are now in discussions regarding having a more seamless relationship, where NPDT could acquire an exclusive license to some of Convergent’s proprietary technology.
Since the initial announcement of their joint venture in September, and the addition of Brooks Pickering to the NPDT Advisory Board, NPDT and Convergent have been working with major clients (currently undisclosed) as the first step in building a consistent pipeline of business for future revenue.
Sure it can hurt more....raise the a/s, dilute the s@$t out of it again and your left with even less than you have today!! Always something to look forward to....can't wait for tomorrow's CC!!IMO,gl
I'll do the same Hank....can't hurt anymore can it?
I am going to vote yes on the 10 billion shares as the company only has 500.00in cash. I figure why not maybe company can sell to other bagholders and we can get something out of this pos.
I'm with you, I own shares, but bought a looonnng time ago.
It'll never get where I need it to be, but sure would like to see a little less red in my acct.
Maybe they will produce some more income.
Npdt Conference call in 3 days....the anticipation is building... I'm so excited to see how the vote goes on raising the a/s!!
Btw-I guess I'm the only one looking at npdt trading this week !!IMO,glta
I guess no one notice the 10q ...or they don't care!! Doesn't matter anyway, the focus should be on the upcoming coference call and vote to raise the a/s to make room for some good old fashioned share selling by npdt!!!IMO,glta
http://ih.advfn.com/p.php?pid=nmona&article=49936617
This company spends more energy on trying to keep shareholders believing in them... then actually digital signage. GLTUA
Npdt...wow this could easily see .0001 before the conference call!! Should make for a very interesting cc and vote on raising the a/s!!IMO
I for one am going to vote to increase the a/s!! How else is the company supposed to dilute?? Not to mention, how can they continue to pay their IR such an exorbitant amount for the cut and paste jobs they do for them?? All in my opinion...gl
Can't wait for the conference call, I wonder if they are going to dilute into that as well?? IMO
NPDT Upcoming Shareholder Conference Call to Provide Update on Recent Business Developments
Today after the closing bell, Newport Digital Technologies, Inc. announced that they will conduct a live shareholder conference call on Monday, November 21, 2011 at 1:30 pm PST (4:30 pm EST) to update shareholders on recent business developments, offer details on the progress of the recently announced restructuring plan and encourage stockholders to vote their shares in favor of increasing the number of authorized common stock.
The call in number for the conference call is 480-629-9664. An archived recording of the call will be available on the Newport Digital website (www.newportlg.com) shortly after completion of the call. NPDT’s CEO Donald Danks will host the call. He will be joined by Convergent Holdings CEO Brooks Pickering. NPDT announced this past September that it has entered into a strategic business agreement with Convergent Holdings, a technology driven company with expertise in wireless, interactive digital signage solutions.
“I look forward to providing an update to our shareholders on our progress,” Danks said. “Given our position as an early stage technology company with limited financial and human resources, we have had to work hard to develop strategic opportunities in the highly competitive wireless and digital signage markets that can propel NPDT to eventual profitability. We have been working with several clients, but have been impacted by limited capital budgets and long sales cycles. However, we do have promising opportunities in development through our new relationship with Convergent Holdings, and I look forward to sharing greater insight into those opportunities with all of our shareholders.”
“As part of our restructuring plan, it is also paramount that shareholders vote their shares to increase the authorized shares of the corporation,” he added. “As I mentioned in the press release announcing our restructuring, this increase in shares is essential in order to attract capital to execute our business plan with Convergent. I will provide more details during our shareholder call on November 21st.”
derrickno1, that would be your proxy to vote to raise Authorized Shares from 1.8 Billion to 10 Billion per the DEF 14A on Oct 14th.
NPDT released their 10-K Annual on Halloween and nobody noticed;
http://www.sec.gov/Archives/edgar/data/1019216/000109181811000577/npdt1031201110k.htm
First revenues ever of $9,400 for the entire year and spent just short of $1.5 million to get them.
Good luck.
I just received a notification to vote by mail. This looks like a rather legit thing... GLTA!
Great news is coming by Friday as the Petco deal looks to bring in real revenue. Danks is really going to finally shine stock is up 125% today....Keep your eyes on NPDT
QualityStocks, I guess the only question left is how much you were compensated for that copy and paste job?? Exactly how much did it cost shareholders besides their entire investment in npdt, 5k,10k??how much of shareholders money did that cost??IMO
QualityStocks, what a lovely worded Press Release detailing how every current shareholder's investment is about to be destroyed.
Good luck.
NPDT Announces Restructuring Plan
Today before the opening bell, Newport Digital Technologies, Inc. announced a comprehensive restructuring plan that includes seeking shareholder approval to increase its authorized shares in order to raise the capital necessary for the full execution of the Company’s business plan. Newport Digital will be holding a shareholders meeting on December 5, 2011, to request approval. Shareholders will be able to vote via the Internet for their convenience. The Company intends to complete a private placement and a reverse stock split to create a more suitable capital structure if shareholders approve an increase in authorized shares.
NPDT CEO Don Danks said, “For the past year our team has worked diligently with limited resources to increase revenues in the digital signage market. We have communicated these plans as well as business developments to our shareholders. In addition to last year’s 85% reduction of fixed costs, we further reduced our expenses to enable the Company to continue developing business opportunities with PetCo Park, a major retail marketing firm, become an authorized commercial display dealer, and partner with Convergent Technology to accelerate these projects and develop new channels of business by leveraging Convergent’s state-of-the art interactive technology solutions.
“Our team believes it is in the best interest of our shareholders to increase our authorized shares and execute a reverse stock split, which will allow us to create a more normalized capital structure. We will also be able to raise additional capital, while simultaneously lifting our stock price out of the sub-penny category and providing a solid foundation for building shareholder value. If we fail to increase the authorized shares or raise the needed capital, we will be unable to achieve our business goals or realize revenues from business opportunities already in development.
“To emphasize our commitment to NPDT and its shareholders, as well as significantly improve the Company’s balance sheet, management has agreed to convert all of the current debt, approximately $1.2 million, into equity at $.005 a share, which is currently approximately a 1000% premium to the current bid. Shareholders should also note that management does not and has not taken any cash compensation. Management is incentivized entirely through equity, and as a result, has our interests aligned with shareholders.
“Although we have faced considerable challenges bringing our technology solutions to market due to limited cash and human resources, it has not stopped management from developing promising opportunities. As previously announced, we have entered into a strategic business agreement with Convergent Holdings to advance our projects with the San Diego Padres PetCo Park as well as accelerate the deployment of retail in-store digital signage networks currently under development. Convergent founder and CEO Brooks Pickering joined as an advisor to provide added design and deployment experience and expertise of the most advanced solutions.”
In conclusion, Danks stated, “I recognize that NPDT shareholders are disappointed in the decline of our stock price. However, our comprehensive restructuring plan will allow us to capitalize on the business development opportunities that could lead to significant revenue growth and future earnings. This restructuring is critical and I ask for the support of all shareholders as these moves will provide the resources needed to seize these business opportunities.”
NPDT share price cut in half. Ugly. EOM
Not going anywhere but down- Qualitystocks promoted....enough said!!
NPDT Sees Boom in Digital Signage
Newport Digital Technologies, specializing in digital signage solutions for a growing range of commercial applications, expects a boom in the market over the coming years, with digital signage establishing itself as the single best way for advertisers to tap the growing world of consumer data technology.
All of those new digital signs you see along roadways, in and around sports complexes, and increasingly in all manner of retail environments, are only a precursor of things to come. Digital signage, with its unique ability to instantly change and control messaging, is starting to be recognized as a key building block for what some believe will be an advertising sea-change. Until now, the advertising message has been largely disconnected from the consumer, a limited and singular attempt to grab and communicate before the viewer disappears. Advertisers now see a creative new potential, merging digital signage with other technologies, allowing a carefully structured set of communications to essentially follow the consumer, gently reinforcing the message right up to the point of purchase.
It’s just part of a new appreciation for the potential of digital signage as a remarkably powerful interface to the growing world of communications technology. The flexibility of its display options are unmatched, and are bolstered by the ability to be instantly updated based upon fully independent outside parameters. In other words, digital signage, itself a developing technology, can be an ideal front end to virtually any other developing technology.
It’s one of the reasons that digital signage is seen as one of the fastest growing markets, especially in the retail sector. In June, IMS Research released a report forecasting 40% growth worldwide for digital signage through 2013, to over $7 billion, citing its increasing acceptance in advertising. Shane Walker, Director of the Consumer Electronics Group at IMS, stated, “The tools are available today to create a consistent campaign that can reach an audience multiple times while in transit through billboards, street furniture, metro displays, video walls and in-store kiosks, all the while becoming more targeted through mobile device interaction.” Walker also envisions a time “in the not too distant future where it will be common for a digital signage installation to have the majority of its nodes (displays) individually IP addressable, touch-enabled and tied to a logistics service – such as UPS – which can handle order fulfilment, return requests and other types of customer service.”
Some shares being scooped up. Anybody got any news?
Well the good news here is IMO 1 person is making money off of NPDT giving them free shares, might be a good idea to ask the IR for NPDT who that might be and why the sp has declined so much!!
IR for NPDT is Quality stocks!!IMO doubt they will respond ,yet they know the answer!
For $32 worth or trading, I would say "nothing".
NPDT Video Chart 9/9/11
http://www.videocharts.qualitystocks.net
yawn - that is like the 4th time those same words have been posted here in the past couple of days - exactly what are you basing this on?
afandor
so the petco project is still on - coolness -
afandor
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Corporate Headquarters Newport Digital Technologies, Inc | Taiwan Newport Digital Technologies, Ltd.,(Taiwan Branch) 12F, No.866-7, Zhongzheng Rd., Zhonghe City, Taipei County 235, Taiwan, R.O.C. Tel: +886-2-2221-0339 Fax: +886-2-2221-3806 | Austrailia |
IR Contact:
3370 N. Hayden Rd., Suite 123-591
Scottsdale, AZ 85251
www.QualityStocks.net
480-374-1336
Editor@QualityStocks.net
Corporate Profile:
Newport Digital Technologies, Inc. (NPDT) is focused on its core competencies in digital signage networks with emphasis on targeted marketing, content media management and managed system services. The company is determined to fully utilize partnerships with key contractors/installers to deliver the optimal in-venue advertising platform that not only allows specific brands to achieve unprecedented market saturation, but also get high fidelity returns on that effort.
The plan to bring to market a total integrative solution for digital signage networks is a powerful one, whether it is an immersive hotel/casino network that boasts interactive content management with targeted marketing powered by user-centric software, or interactive screens at retail point of sale. The ability to offer a valuable service while getting to know the client better and forming a longterm relationship is attractive to both customers and business owners.
A large network of digital screens, using targeted, intelligent marketing with point-of-sale-friendly immediacy, creates a feedback loop within the venue that can be remotely administrated with minimal on-site support. A recurring revenue stream tied to a dynamic service envelope, with a distributed network of screens serving managed content and backed up by a full-spectrum approach to site-specific solution design, frames both the physical and remote service offering.
Newport Digital aims to exploit the evolving technologies in this space to deliver solutions to a variety of markets from retail venues like supermarkets and sports stadiums, to hotels/casinos, corporate, healthcare, educational markets, and the like. These solutions will allow disparate systems to be molded together into one user friendly environment, bringing products and services to the consumer, in the right place, at the precise moment to increase sales.
Latest News: http://finance.yahoo.com/q/h?s=NPDT.OB
Partnership with Taiwan's Premier R&D Powerhouses
NDT's technological edge comes from a synergistic and exclusive partnership with Taiwan's premier technology incubators, III and ITRI, under which the company works with them to develop and customize their advanced technologies to meet the needs of customers in global markets.
These R&D powerhouses have a pool of over 7,900 high-caliber engineers and scientists, and have built up cutting edge capabilities in fields such as Information Communications Technology (ICT), electronics, and nanotechnology..
In addition to forging world class R&D capabilities in fields such as RFID and WiMAX, III has built up an unrivaled track record in the design and implementation of large scale information systems, such as Taiwan's highly successful e-Government project, and has also built up close strategic relationships with the island's world-beating IT manufacturers.
ITRI has a stellar record in nanotechnology, materials and chemical technologies, advanced manufacturing systems, electronics and opto-electronics, information and communications technologies, and biomedical technology.
NDT co-owns all the intellectual property rights that are co-developed with III and ITRI and has exclusive worldwide distribution rights for these technology products, solutions, and applications.
NPDT Corporate Executives
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