Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
In December 2001, the Company initiated a lawsuit against Airborne Express, seeking damages of $2,000,000 to recover losses to the Company resulting from delivery services that were allegedly supplied by Airborne as a shipper of the Company's products. In its lawsuit the Company claims that Airborne failed to timely deliver products to the Company's customers and failed to implement a package tracking system it had designed for the Company. Losses to the Company may have occurred due to duplicate shipments and consulting time expenses, as well as damage to the Company's reputation.
In January 2002, Airborne filed a counter claim against the Company in the amount of $20,000 to recover charges for delivery services that may have been provided. Although the Company intends to challenge Airborne's claim, the amounts claimed by Airborne have been reflected on the Company's financial statements.
As of September 30, 2004 the Company's litigation with Airborne is still pending.
As Seen On TV offers 100% Pure Hoodia worldwide. Publish Date : 11/19/2004 10:25:00 AM Source : Onlypunjab.com Team
Imagine an organic pill that kills the appetite and attacks obesity. It has no known side-effects, and contains a molecule that fools your brain into believing you are full. Deep inside the African Kalahari desert, grows an ugly cactus called the Hoodia. It thrives in extremely high temperatures, and takes years to mature. The San Bushmen of the Kalahari, one of the world's oldest and most primitive tribes, have been eating the Hoodia plant for thousands of years, to stave off hunger during long hunting trips. When South African scientists were routinely testing it, they discovered the plant contained a previously unknown molecule, which has since been christened P57.
A license was sold to a Cambridgeshire bio-pharmaceutical company, Phytopharm, who in turn sold the development and marketing rights to the giant Pfizer Corporation. Pure Hoodia, Inc. the worlds largest manufacture of all natural Pure Hoodia Gordonii Diet Capsules announced today that their all natural product "Pure Hoodia" is the newest Diet product to be offered on the worlds largest internet superstore "As Seen On Tv"
AsSeenOnTv.com has over 500 of the Hottest products available on their website including the most popular diet products CortiSlim, TrimSpa and now Pure Hoodia. AsSeenOnTv.com receives over 41 million hits per month because they are constantly adding more and more products that people are looking for.
For more information you can visit their website at www.AsSeenOnTv.com or call their toll free number at 1.866.277.3366
The sacrifice by the CEO is pretty interesting in this day and age of corporate greed. Seems to be putting shareholders first. Hopefully we all get rewarded. Capital structure is amazing for a .04 stock.
I think that ONTV is a very good mid-long term play.
I don't think it will go un-noticed down here for long with given both the sector and the revenue growth. It'll be interesting to see the numbers that they come out with from the holiday season. My guess is 1.7M-1.9M for the quarter to be filed this month.
The quarter ending Sept 30th is the latest and most dramatic increase in the past year. If that growth would flow over into the quarter ending Dec. 31, my revenue prediction would be way off on the low side.
The fact that there hasn't been any dilution for about 4 years is impressive as well.