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They sure will..
There is another stock I am looking at that is very cheap. A company that's going to report over $144 million profit and still trading at a ridiculous low price. The symbol is APRO
APRO Predicts Gross Billings to Exceed $144 Million in Calendar 2009; Changes Fiscal End Year to December 31 05/03 07:30 AM
MARLTON, N.J., May 3 /PRNewswire-FirstCall/ -- Allegiant Professional Business Services, Inc. (APRO:$0.0060,$0.0010,20.00%) said today that it is poised to report projected gross billings of $144 million for calendar year 2009. In accordance with GAAP and subject to audit, APRO projects reportable revenues of $47 million.
The company has also changed its fiscal year end to December 31.
CEO David Goldberg said that he is pleased with the preliminary figures on the 2009 performance and that 2010 also looks robust in sales and operations.
In other news, APRO announced today that it has completed its financial records audit for the three-month period ending December 31, 2008. Allegiant will report revenues of $1,162,838 and a net loss of $1,558,499. Due to the late filing of its Form 10K for this reporting period, workers' compensation liabilities were included through April 25, 2010, as such amounts were known as of the date of this release. This resulted in a charge to earnings of $1,064,000. The charges would not have been reportable as of the timely date for the conclusion of audit work. The resultant net loss would have been $494,499. Allegiant expects to file its Form 10K within three weeks.
Management is now working on closing the subsequent quarters of 2009 and hopes to be caught up with all financial filings by August 14, 2010.
Regarding the 2008 results, Goldberg said the problems of start up and consolidation of systems and procedures has been completed and looks forward to continuing improvement in the Company's performance in the future periods.
Allegiant Professional Business Services, Inc. (APRO:$0.0060,$0.0010,20.00%) provides staffing and PEO services to small and medium-size businesses, relieving our clients from many of the day-to-day tasks that negatively impact their core business operations, such as payroll processing, human resources support, workers' compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing -- staff leasing, temporary staffing and co-employment. We not only provide core services but a wide selection of employee and employer benefits and aftermarket products.
They will be surprised to get EXSA at a more expensive price later.
EXSA great time to get in. Going to be a good one to hold....many bags will come.
FDA calendar
05/07 CYTX Clinical Trial PLAY OF THE MONTH **
05/12 NICXF FDA Advisory Committee meeting
05/23 PUMD Estimated FDA Decison for 510k device clearance
5/27 THTCF FDA Advisory Committee meeting
05/29 PTXRF Clinical trial
06/04 SNTS FDA Decision
06/04 CLDX Clinical Trial
06/04 OXGN Clinical Trial
06/04 IMMU Clinical Trial
06/04 MYRX Clinical Trial
06/04 PGNX FDA Decision
06/04 CYCC Clinical Trial
06/06 PKNGF FDA Decision
06/06 SNSS Clinical Trial
06/09 MELA FDA Decision
06/11 QCOR Clinical Trial
06/30 ABIO Clinical Trial
06/30 ANTH Clinical Trial
06/30 YMI Clinical Trial
06/30 GENT FDA Filling
06/30 ANDS Clinical Trial
06/30 NBY Clinical Trial
06/30 DARA Clinical Trial
06/30 ATHX Clinical Trial
06/30 SQNM Clinical Trial
06/30 RNN Clinical Trial
06/30 INO Clinical Trial
06/30 CBMX Clinical Trial
06/30 OMER Clinical Trial
06/30 AVNR FDA Filling
06/30 KERX Clinical Trial
06/30 CYTR Clinical Trial
06/30 ACCP Clinical Trial
06/30 BIEL 510K clearance
06/30 SNTA Clinical Trial
06/30 RPRX FDA response
06/30 PVCT Clinical Trial
06/30 ARRY Clinical Trial
06/30 SNGX Clinical Trial
06/30 TTHI Clinical Trial
06/30 ZIOP Clinical Trial
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XPRT merger play
LECG Corporation Completes Merger With Smart Business Advisory & Consulting
EMERYVILLE, CA -- (Marketwire)
03/10/10
LECG Corporation (NASDAQ: XPRT), a global expert services firm, today announced the closing of its merger with SMART Business Advisory & Consulting, LLC (SMART), a privately-held provider of business advisory services. With the addition of SMART, LECG increases its talent pool of premier consultants and expands its client base to include SMART's Fortune 200 customers. The combined company is expected to generate improved financial performance, with incremental revenues from cross-selling opportunities and SMART's financial advisory and business consulting practices including technology, business process improvement, compensation and benefits, accounting, actuarial and tax.
"After months of planning, we are excited to realize our shared vision of creating one of the leading business advisory services companies in the industry," said Steve Samek, former CEO of SMART, who will become CEO of the combined company. "Together, our broadened service portfolio will help our clients navigate through the dynamic industry changes and impending market recovery."
"We have already begun working aggressively to integrate the companies and expect to implement a number of organizational efficiencies and recognize associated cost synergies. As the market returns, we should be well positioned to capitalize on the complementary nature of our businesses and growth opportunities that lie ahead," added Samek. "I would also like to thank the employees of both firms for their exceptional efforts and commitment during this merger process. Their contributions to our current clients are the foundation upon which the combined company will continue to create value in the marketplace."
"Today's completion of this important merger will help allow us to deliver substantial value to our stockholders, customers and employees," said Garrett Bouton, Chairman of LECG's Board of Directors. "The shared knowledge and expertise of these two firms brings together an exceptional team with proven experience in many areas of the professional services industry. With the closing of this transaction, I believe we have built a stronger, more diversified company, and I look forward to working with the combined team to help realize LECG's full potential."
Under the merger agreement, LECG issued approximately 10.9 million shares of common stock to acquire all of SMART's outstanding shares. Concurrently, LECG issued approximately 6.3 million shares of a newly created Series A Convertible Redeemable Preferred Stock at a purchase price of $3.96 per share in exchange for a $25 million cash investment in the combined company by Great Hill Partners. The company anticipates these transactions will be accretive in 2010 and expects to realize business and margin improvements in 2010, including at least $6 million in annualized operating savings.
Part of the anticipated cost savings will include the consolidation and move of the combined company's corporate headquarters to the suburban Philadelphia area, where SMART is currently based. The move, which is scheduled to be completed by the end of the third quarter, is intended to position the combined company for future growth by creating a unified platform from which to build common practices and capitalize on growth opportunities, while streamlining and leveraging its infrastructure
stocks on watch list. SKGO, CDOI, HCOIQ, MDBS and NEOM
report on EOUT
http://markets.ft.com/ft/tearsheets/analysis.asp?s=US%3AEUOT
ADLS and NEOM are good buy at this level
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Shorts On your Stock?
20 GOLDEN RULES FOR TRADERS
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Useful Links (_bbb_)
Tips for successful longterm investing
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Short Interest Data
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Institutional buys adds and sells
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SEC filings
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Death spiral financing definitions.... 3 Versions (be very careful with stocks which have convertible debentures)
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NASDAQ OMX, NASDAQ Options Market and NASDAQ OMX PHLX Holiday Schedule
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10 Ways To Spot A Pump-And-Dump Scam
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