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.
Here's a question for all the folks who stop by or post here: What do ya think about GSPG...Goldspring Inc.???
I just purchased some shares and I'd like to get some other opinions. I think...or rather it looks like the pps for this co. is reversing/going up.
Thoughts??? Thanks.
Here's the link to the iHub GSPG board I've just set up.
http://www.investorshub.com/boards/board.asp?board_id=4007
OT Question:
Sorry...Should've read:
Have you ever bought/used analyst reports like "Pechala's Reports".
OT Question:
Have you ever buy/use analyst reports like "Pechala's Reports".
Are they any good? or just waste of money?
Any info appreciated.
GLTA,
gapped up 10%...
http://www.investigatethesec.com/
If any of you would like to make your feelings known about naked shorting, check out the above link. I hope you have a great week ahead!
Rocko! Where ya been hiding eh?
Your 100% right on your post...
...there's no VISIBLE reason it should gap up tomorrow.
i c no reason y we would gap up unless the overdue pr's come out pre mkt.
If we "gap up" Monday morning...........
the chart watchers will be standing in line to "Buy"
7 day average directional indicator says: "Buy"
20 day moving average vs. price says: "Buy"
50 day parabolic time-price says: "Buy"
Candlesticks patterns say: "Buy"
"basher meter" says: "Buy"
Just read the last two posts here, a true jeckyl and hyde we have. Which one will it be?
Pender - a penny stock that shouldn’t be a penny stock
From the inaugural issue of the Hidden Gems newsletter, we read that “a classic hidden gem is a great, but as of yet unknown company just waiting to be discovered. These are typically small companies, which by sheer virtue of their smallness haven’t yet garnered Wall Street’s attention”. I’m starting with this quote not because I think Pender International qualifies as a Hidden Gem. It doesn’t. (For one thing, it doesn’t yet generate cash.) Rather, I want to stress the point that when looking for investments, small can be a very good thing.
They don’t come much smaller than Pender International (OTC BB:PNDR.OB). It’s a penny stock with a market cap of $5.5 million at today’s close of $0.095. While The Motley Fool does not encourage investing in penny stocks (with good reason), I’m going to show that Pender’s real value is on the order of $200 million. That is, it’s a penny stock that shouldn’t be a penny stock.
If you look Pender up on EDGAR, you’ll see that its SIC code is 5020 – Wholesale-Furniture & Home Furnishings. That’s because the business plan developed in 2002 was to import high-end furniture from Mexico for sale in the United States and Canada. But that didn’t work out and in July 2004 the Company entered business as a merchant bank, with the objective of acquiring undervalued small-to-medium size advanced stage companies that require strong management and capital to bring their operations to profitability. (If this sounds weird, it gets even weirder.)
Pender is registered in Delaware, but it’s run by Canadians and its business address is in Markham, Ontario. (Herein, dollars are United States dollars unless noted with CAD for Canadian dollars.) The company, now a merchant bank, began a program to delineate acquisition targets in mid-2004 with a plan to build a broadly diversified portfolio of core holdings. On July 9, 2004, the Company acquired 100% of the stock of IMM Investments, an Ontario corporation, from KJ Holding, also an Ontario Corporation, by issuing unregistered common shares of Pender in exchange for 100% of the issued and outstanding stock in IMM. IMM owns approximately 14.4% of the stock of Armistice Resources, a Canadian gold mining company. IMM also holds warrants that (if exercised) would increase IMM's position in Armistice to approximately 25.2% of the outstanding stock of Armistice. The fair value of IMM assets at the time of the acquisition was $1.5 million, but PNDR paid only $600,000 (meaning there was negative goodwill —an interesting concept).
This gold property is located in the Virginiatown area 40 km east of Kirkland Lake, in northeastern Ontario. The identified mineral resource (see the geologist’s report via the link at the bottom of this post) is approximately 201,001 tons at 0.378 oz. of gold per ton (assuming a dilution factor of 10% and a cut-off of grade of 0.20 oz. Au/ton). At $420 per ounce, the currently identified gold resource of 76 thousand ounces is potentially worth about $32 million. The report also indicates that it is probable that other mineralized lenses will be found on the Armistice property. The property is immediately adjacent to the former Kerr Addison Mine, which produced approximately 12 million ounces of gold during its 58-year operating life. Underlying the Armistice property at a depth of 2,200 feet below surface and extending to a depth of at least 5,600 is the Kerr formation, which it is geologically identical to, and is of similar length and width and attitude to the exposure on the Kerr Addison mine property.
Sounds like a good deal for Pender. The problem, however, is that the vertical production shaft that extends to a depth of 2,290 feet below the surface, and approximately 6,000 feet of underground workings, were filled with water. At the time, Pender did not have sufficient capital to further develop the project and so the stock sat at $0.30 until October 14 last year.
Then something strange happened. In the absence of any news whatsoever, the share price took off, peaking at $11.35 on November 18. The full story is documented in the Ontario Securities Commission’s Statement of Allegations (see the link below). What happened was the CEO — now the ex-CEO — teamed up with a guy who had already been convicted of at least 103! counts of fraud to pump the stock using four different bank accounts that the two of them controlled. (The ex-CEO’s partner in crime took steps to conceal his true identity when dealing with the accounts, including using the alias “Michael Douglas”!) Their plan worked just great, except that they got caught. Their hearing is scheduled for June 29.
Those guys are gone and a new CEO was appointed on January 16. Things have now changed and this is no longer a sleazy Canadian gold mining stock. Trust me.
When Pender acquired IMM, the owner of IMM, Kalano Jang, became a 36% owner of Pender and Jang’s son, Karlson Jang, became Chairman of Pender. Karlson Jang is the Chief Operating Officer with Trillion Financial Group, one of the largest financial and investment agencies in North America. He oversees a business with over 900 agents across Canada and with written business of over CAD $5 billion in 2003. He has also acted as an Internal Analyst with ABNAMRO Asset Management. Jang is a financial heavyweight in the Asian community in Canada (a big community) and last month he raised new money for Pender. Read the press release via this link — this is the most important document in this story.
http://www.penderinternationalinc.com/news/?link=3&doc_id=25&doc_type=0&PHPSESSID=a71c7e...
What Jang managed to do is arrange an equity line of financing for $250 million with five investor groups. From the press release: The terms of the agreement permit the drawdown of funds upon five days notice, on an as needed basis by Pender. Each drawdown amount is to be converted into registered common shares at a conversion price of not less than $4.00 per share. The agreement is non-cancelable and provides the syndicate with first right of refusal on all financing required by the Company up to $250 million. If the equity line is fully drawn, Pender will be required to issue approximately 62.5 million shares.
The current share price is $0.10, yet the syndicate will have its funds converted to shares at $4.00 per share. There are currently 57.5 million shares outstanding. If Pender uses the full $250 million, it will issue an additional 62.5 million shares, so the number of diluted shares outstanding is 57.5 + 62.5 = 120 million. At $0.10 per share, the value of the company based on diluted shares outstanding is currently $12 million. But it has $250 million in equity financing, which, fully diluted, represents $2.08 per share.
(Brief pause for this to sink in.)
What this means is that in terms of value alone — i.e., regardless of the return on investments that the company is able to achieve with the $250 million — this is a twenty-bagger. Well, not quite. The company has estimated its operating expenses for 2005 to be $8 million, so the amount available for investments in 2005 is really $242 million.
This estimate of value is based only on assets and ignores Pender’s potential for growth. The syndicate has currently assigned a value to Pender of $4.00 per share. This value is equivalent to Pender achieving an annual return on investment of about 12–15% and the share price having a PE that reflects the ROI — e.g., investments of $242 million * ROI of 14% * PE of 14 / 120 million shares = $3.95. Applying the range of ROI to the value of Pender’s investments at the end of each year and a PE will give a range of estimates of the potential share price in future years. Suffice it to say that on the basis of the projects that have been developed by Pender since mid-2004, the syndicate expects the share price to appreciate well beyond the $4.00 level in due course, which is why it agreed to the deal in the first place.
(Another brief pause.)
So, what is Pender going to do with the $250 million?
First, they’re going to spend $3 million in 2005 to dewater the Armistice mine, and according to the press release of April 18, this should be completed by the end of May, after which they will contract for bulk sampling and additional mine development work.
Here’s what someone on the PNDR board at Market Millionaires (see link below) stated about the mine: “As mentioned earlier, i've lived with the gold mine since conception, been to the bottom several times, touched the veins... if anything juices PNDR it will be the mine; it is already built and it will be in limited production when de-watering and rehab is completed (end of summer?)...”
On February 16, Pender announced that it has entered into an agreement to purchase 100% of the issued and outstanding shares of Montebello Development in exchange for restricted common stock. Montebello Development is developing Salchi Bay Development -- a 25-acre ocean front resort in Huatulco, Mexico. Pender intends to begin construction next week and anticipates completion of 12 private villas by the end of this year. Thereafter, we anticipate an additional 48 units to be completed in 18 months. The property is located on a 1.5-mile private beach on a secluded bay less than 20 minutes drive from Huatulco International Airport. Huatulco is one of the newest and fastest growing resort areas in Mexico. Pender will spend about $30 million to develop Salchi Bay.
On April 7, Pender announced that it has entered into a definitive agreement to purchase the Sheraton Fallsview Hotel and Conference Center, and adjacent undeveloped land, for a purchase price of $116 million. The complex is located in Niagara Falls, Ontario and was purchased because of its significant upside potential and the opportunity for Pender to add significant value. Pender is considering the addition of a second hotel tower consisting of 500 rooms as well as a 35,000 sq. ft. convention centre. The Company has contracted SF Partnership to complete a feasibility study on the proposed expansion. Furthermore, discussions are underway with two major contractors for the construction of the new tower and convention centre. The John Daly designed eighteen hole, championship golf course is scheduled to commence operations on May 1. Pender anticipates that the opening of the golf course will attract a significant number of golfers and their families, which are anticipated to substantially increase hotel occupancy. Adjacent to the golf course is substantial undeveloped land capable of supporting the development of 200 residential building lots. Pender expects to develop these lots over the next several years. See the link to the hotel’s website below.
And here’s what someone else on Market Millionaires had to say about the hotel and the deal with Pender: “Well, my curiousity got the best of me. I was over in Canada yesterday and today buying a race horse (I train them) and since I have watched my investment in PNDR fall from .15 to .09 or so, i thought before I picked up the horse I would swing over to the Sheraton Fallsview Hotel & Golf Complex, stay the night, and check things out. Ya never know with penny stocks. Btw here is their website for the hotel including pics. So I pulled in and wow!!! It was beautiful. I mean just beautiful. Very impressed with the outside viewing. Great area, luxury accomadations, beautiful golf coarse, nice homes and condos all around it, just breathtaking to say the least. So me being a skeptical person decided to see if anyone around there had heard of Pender and about the purposed sale. First person i talked to was the guy at the front desk, and he didnt offer too much except to say that he knows it is in the process of being sold. Talked to a baggage guy next and he offered up all kinds of info about the hotel, the amenities etc. In his words he said " for the money you won't find a better place to stay with the luxuries you get" or something to that effect. Very nice and chatty guy. So I got checked in and had dinner at Stanleys pub and grill located inside the hotel. Had a great burger and 3 beers , and started hitting on the server lol. Hottie. By the time I left the grill I not only had her digits, but she told me that her mom also worked at the hotel as a manager of some type and she called her up and asked a few questions about which I wanted answered. She 100% verified that it is Pender buying the hotel and surronding land area, and that there were rumors of a bunch of new hirings going around due to the fact that they were going to build a new tower and conference room. Sounded VERY excited about things and her job. When I checked out I asked the lady at the desk how business was going and she said that things are picking up now bigtime now that the weather is warming, (in fact they are already booked solid for half the summer) and that even the winter was good due to the influx of skiers. Sounded very happy that the golf course was going to be opening soon and had a bunch of converntioners coming in just for that…”
On April 21, Pender announced that it has entered into negotiations and expects to enter into an agreement within the next 10 days to purchase additional property located approximately ten minutes from the Sheraton Falls View Hotel. The additional property includes an 18-hole, professional golf course designed by Reese Jones. Approvals are also in place for 350 condominium units as well as a 350-suite hotel facing the Wetland River.
So, in addition to the Armistice mine, they’re spending the $250 million primarily on large real estate development projects. The current management is well placed for these activities. The new CEO founded and sold a successful construction company, with over 100 employees. Now he’s sitting on the other side of the table, representing the developers when they hire the contractors to build the hotel tower, convention center, the residences, the villas on the beach, etc. The new CFO is from De Havilland and Bombardier, both well-known Canadian companies.
Now, the questions remains, Why is the stock still trading at a price that reflects only a part interest in a flooded gold mine? There are a few possibilities.
First, this being a penny stock, one has to consider that the announcement of the $250 million in non-cancelable equity financing is fraudulent. This is conceivable. But this is a public company operating under procedures established by law. If this announcement turns out to be fraudulent, then investors (myself included) will be unleashing their lawyers on these guys. At the least, Jang, Sr., risks losing his interest in the Armistice mine, which is worth several million dollars.
But, in this case, fraud is extremely unlikely. Read the press releases, and the posts on the Raging Bull message board (see link below) from people who have done their own due diligence, and you will see that the Fallsview Hotel deal is indeed happening, that the SF Partnership is indeed doing a feasibility study to further develop the hotel, that the mine is being dewatered, etc. Pender has access to the $250 million and is now spending it.
There is some concern that the Fallsview deal has not yet been finalized. Pender announced that it would close by May 1, but it would appear that they were too optimistic. This is a big transaction and each party has to do their due diligence, then the lawyers get involved, then if there are any issues, it goes back to the parties, then back to the lawyers, etc. Still, while the delay was not entirely unexpected, it is nonetheless worrisome. Once finalization of the deal is announced, which may be a matter of weeks (or even days), we can expect that the share price will pop.
Another factor to consider is that when Pender has issued the 62.5 million shares in return for the $250 million, the syndicate will own 52% of the company. The 36% share currently owned by Jang, Sr., will be reduced to 17%. Together, Jang and the syndicate will own 69% of the company and will be able to do what they want with it. But even if they decide to take it private, they will still have to pay market value to the other shareholders, so this eventuality, in itself, isn’t impacting the share price.
The most likely reason for the current share price is that almost nobody knows about Pender. Or, if they know about it, this being a penny stock, they trade it solely on the basis of technicals, regardless of fundamentals. Or, if they know about the fundamentals, they’re still spooked by the pumping scam that happened last November. In this regard, the following email from the company was posted on Market Millionaires on April 14: “Primarily, there is a lack of market awareness in the success that Pender International, Inc. is having. Our company is working very hard to create the necessary market awareness to support shareholder value. We anticipate significant news will be out with regards to Armistice and our other investment projects over the next 4-6 weeks.” So the company is aware of the problem and it even hired two private analysts to publish reports. (The reports are objective summaries of the facts, but paying analysts to give buy recommendations may have done more harm than good.)
The $250 million equity line of financing was only announced on April 13, just over a month ago, so this is still a new story. If the story is true, then, as a value play, it’s a no-brainer and there’s a good chance that this will be a multi-bagger in the near term.
But then again, it is possible that we might inadvertently be ignoring something important, so there’s also a chance it will be worth zero. The facts indicate otherwise, but that’s the risk you take with penny stocks.
Vixpix, if you call the numbers on the PNDR website, 905-415-5016 for the corporate HQ, and 905-415-5017 for their fax number, youll see that both have been disconnected. Again, those are straight of the PNDR website. I dont know much clearer that could be. Something has happened here, and its not good.
diamondhappy1414 = islandecho = OnePaidLoser
GLTA,
ICULOOKING, I C YOUR WRONG. Check the numbers for yourself. I did. It's just bashers wanting to start another rumor to force sp down. Don't get in to a tizzy folks. Nothing about this is true. These bashers have been full force the last 2 days and that means something good is up. Maybe not the news we want but for sure they know a run is coming. Vic
Both the corporate HQ phone number and their fax number have been disconnected. Is the party over here? Thought it might have been to good to be true.
Wise advice indeed, Vic. Have a great weekend.
Too bad I'll be in Atlanta stuck in mettings all of next week :(
But I'll put some shares up for sale in case you are right ;)
B
Your right without news many will leave. But many chart watchers will return. Even on companies that are total crap the stock takes pops. This one is due for another. I was hoping today but it's most likely going to be Monday. If we end somewhere around .085 or above .098 we will we will have a nice reversal candle. Don't go to any meetings on Monday Tanail and you can get your blankie. I'll be getting mine too. Try to sell your investment and keep the profit in shares. That way no matter what you'll win. Vic
I wasn't being a smart alec to Chuck, Tanail. I think you figured that out. I was just saying that if the news didn't come soon, the penny flippers would bail on PNDR and take away the current support level. One thing about penny flippers; they have no patience. I sold because we weren't able to confirm the deal. The old saying, "a bird in the hand is better than two in the bush." I hope you have a great weekend!
yea... i missed the .16, because i was in a meeting.... since I bought at .11 it wasn't worth selling by the time I got back..... so no reward for me unfortunatelly...
B
Who says I need my "blankey" as you put it? I am proud to say that I was rewarded quite well last week for my investment in this company. I just merely stated that the share price would probably continue to fall without proof of the deal being confirmed. What happened last week when the rumor circulated that the deal was done and was going to be announced? It ran from .08 to 16 cents. Now that there has been no confirmation, it has retraced from 16 to 8 cents.
We are all entitled to our opinions and I believe that if we don't see news soon that Pender will be trading closer to a nickel than a dime in the future. If confirmation comes soon, PNDR will be trading at 20 cents or more pretty quickly. As I stated earlier, just my humble opinion based on the facts. That's what message boards are for anyway. Happy trading to you.
I WANT MY BLANKEY !!!
Remember,
This Company is fully reporting and fully compliant with the SEC.
Why would they want to spend the time and effort to keep it that way??
They must have something big to say, imo.....or they would let things lapse.
PNDR is not on my timetable or your timetable.....they are a business and business is done on ITS timetable....don't forget on all the deals and negotiations going on there is "the other sides" timetable and big negotiations are a multi-dimensional thing, with many factors weighing in.
Be realistic, think like business people....NOT like a sensitve little child that needs its "BLANKEY" (PR) to keep it satisfied and comfy.
NEWS WILL ARRIVE WHEN IT IS READY TO...NOT JUST CAUSE YOU WANT YOUR 'BLANKEY' NOW!!!!!
chuckrmon
I can't help but think people will get disgruntled and start to dump. You know how the penny flippers are; always moving on to the next big thing! No patience whatsoever. JMHO
don't know about that nickle .... last time we kindof went into a slow slide below .10 and there is quite a bit of support down here.
the whole market cap is only 5 million right now, that seems low considering that they have condiderable assets and funiding
... but then again, since when do fundamentals matter with these pinks ...
B
Looks like I was a day late with my prediction. We will be closer to a nickel per share a week from now without a press release confirming the deal. JMHO.
sub dime range once again by Friday without news. JMHO
Tanail, I have just accepted the fact that it is normal for this stock/company to act strange. What would be strange was if it acted normal.
it's strange. they were supposed to close that deal over a month ago. the date came and went and there was no selloff. I was expecting it. I was also fully expecting it to pull right back when it turned out thtat the recent rumor wasn't right.
.. we'll see... I think there will be a PR coming up updating us on the dewatering project. I sure am still hoping that second hotel deal will come through.
B
The share price has risen over 50% on the rumor that the hotel deal is done. If we don't get confirmation we will begin to see a big sell-off toward the end of the week as investors will lose their patience. JMHO
Lets hope you are right ! (I think you are)
we all know this thing is seriouly undervalued (additional hotel deal or not)
shares O/S: 57,498,000
at the current primce that figures out to be ca. 7.5 million
some things to consider :
Pender International Cancels 339,000,000 Restricted Shares to Enhance Shareholder Value
Pender International Executes Agreement for $250 Million Equity Line Financing Agreement With a Syndicate of Five Private Equity
Pender International Announces Definitive Agreement To Purchase The View Hotel and Golf Course Complex Located In Niagara Falls
Pender International, Inc. Acquires Montebello Development to Develop $30 Million Ocean Front Mexican Resort
Pender International Inc. Announces Completion of Acquisition
of the previously announced Private Placement of US $1.6 Million at US $0.50 per share. The funds were used to acquire 100% of the issued and outstanding shares of IMM Investments Inc. ("IMM") which now becomes a wholly owned subsidiary of Pender. IMM owns approximately 30% of Armistice Resource Ltd. ("Armistice") with the rights to purchase up to 55% for an additional US $10 Million.
B
http://www.americanbulls.com/StockPage.asp?CompanyTicker=PNDR&MarketTicker=OTC&TYP=S
Technical analysis on PNDR. Have a great weekend.
I called the number below and spoke with a lady who told me that she did not show that Starwood owned the Fallsview Sheraton at Niagara Falls and that it must be one of their franchised properties.
("YES" I know the Fallsview Sheraton is on their site)
If you e-mail them from the reservation site...
that IS NOT the corporate office
and they WILL NOT know about "corporate matters"
...however they will answer you the best they can and will be very nice and polite.
Their corporate office doesn't have a public email access and
can't be reached directly through their reservation site.
The corporate office CAN be reached directly at the following address, telephone number or fax number:
Starwood Hotels and Resorts
1111 Westchester Ave.
White Plains, NY 10604
Telephone: 914/640-8100
Fax: 914/640-8310
If you contact them (like I did) you will find that they
were not the ones to contact about this anyway!
Between now and Tues. morning you will see a tidal wave of "investors" spreading lies and rumors trying to bring down the price so they can jump in and ride the wave.
Please don't fall for it!
...also...
Please don't expect the reservation specialist at the Hotel
to know anything about these negotiations.
Thanks for reading my post. Kevin Lewis
We're on new ground now..................................
7 Day Average Directional Indicator: says 'Buy'
10 to 8 Day Moving Average Hilo Channel:says Buy'
20 Day-- Moving Average vs Price:says 'Buy'
20 Day-- Bollinger Bands:says: 'Buy'
40 Day-- Commodity Channel Index: 'Buy'
50 Day-- Parabolic Time/Price: 'Buy'
It's getting hot on the boards
The chart watchers now have reasons to buy
thanx for the info ....
hmmm...... well, it spiked on a rumor yesterday, that didn't turn out to be true. So I'm very happy that it didn't retract today (it did early in the day).
I bought at .11 so I've made some money at this point.... still hoping for more :)
B
No problem - anytime!
I still believe it is going way up, up, up.
GLTY,
I don't know but I'm doing a happy soft shoe today. Little bit quieter but still happy!
Darn those candles Gielda! They had me so excited. Thanks for haven my back at RB.
Market News (PNDR)
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com HMNS, LLLI, PNDR, CCEL
FRIDAY , MAY 27, 2005 08:14 AM
Rochester, NY, May 27, 2005 (M2 PRESSWIRE via COMTEX) --OTCStockExchange.com's "Stock Watch Alert" this morning are Human Science Systems (Pink Sheets: HMNS), Lamperd Less Lethal, Inc. (OTCBB: LLLI), Pender International Inc. (OTCBB: PNDR), Cryo-Cell International Incorporated (OTCBB: CCEL).
Sign-up for our FREE Stock Alerts at http://www.otcstockexchange.com !
Human Science Systems, Inc. (Pink Sheets: HMNS - http://finance.yahoo.com/q?s=HMNS.PK )
Human Science Systems, Inc. (Pink Sheets:HMNS - News), a contact center consulting and software development firm, today issued a correction to its May 24, 2005 press release entitled Human Science Systems retains South Florida Based Developer. The original release stated that developer & entrepreneur Norman Katz graduated from the University of Florida in May 1995. Mr. Katz graduated a decade earlier, in 1985.
The release introduced Katzscan, Inc. as the firm selected to spearhead the ongoing development of the company's flagship product, Central Authority(TM). In the original release, Lou Mandic, Human Science Systems President & CEO, stated, "Many know that we have been evaluating development firms for the past several weeks. Katzscan seems like an unlikely choice due to the fact that their core strengths lie in barcode applications. However, Norman Katz, founder and President of Katzscan, is an amazing and well rounded developer with a rich background that is well suited to our development efforts. Norman brings an outstanding skill set to the table, which encompasses among other things, experience in database design and development, in-depth knowledge of data migration & integration, and Electronic Data Interchange (EDI) processes & technologies."
Mandic continued, "One of the key factors in our selection of Katzscan is Norman's rapid development capabilities. We are already driving a very aggressive development schedule, and Norman has proven himself capable of reducing our time to market by months."
Speaking today about the selection of Katzscan, Inc., Mandic added that based on Katz's expertise in radio frequency identification and wireless technologies, the company will also be researching the merits of accelerating development of Central Authority Mobile(TM), currently scheduled for release in late 2006.
Norman Katz graduated from the University of Florida in May 1985 with a Bachelor degree in Business Administration majoring in Computer Information Sciences. Norman is also trained and certified in radio frequency identification (RFID) technology. During Norman's career, he worked at the corporate headquarters of some of the country's most recognized consumer product companies, including Fotomat, Tropicana Products, Hanes, and Gitano Manufacturing. Norman's career advanced quickly, moving him from programmer, to Information Technology Manager, to entrepreneur. Using his technical skills, Norman continues to drive Katzscan's success by addressing project needs at the finest level of detail, the data itself, and globally at the business enterprise operations level. With both technical and operational experience & expertise, Norman has successfully implemented creative, innovative, and cost-efficient "surgical strike" solutions to solve his clients' significant business problems with short-term return on investment (ROI) results.
About Katzscan, Inc.
Katzscan, Inc. was founded in January of 1996. Katzscan's clients are typically corporations and education institutions in the range of $20M to $1B annually. Individually, Katzscan's clients are well-recognized as leaders in their respective industries, both in the nation and worldwide. In April 2004, Katzscan was selected as the supply chain consultant to the National Marine Manufacturers Association. Through this on-going relationship, Katzscan will continue to help define the barcode label, packing list, electronic business-to-business, and general business guidelines to enable the industry's accessory manufacturers, distributors, and retailers to better communicate and more efficiently transact day-to-day business. For more information visit http://www.katzscan.com .
About Human Science Systems, Inc.
Human Science Systems is a next generation developer of software for the contact center industry. Its flagship product, Central Authority(TM), will help contact centers collect, administer and optimize the use of all data generated within the contact center operation. The product will provide all levels of staff with accurate, real time information on the four most critical resources within the contact center: employees, technology, physical capacity, and clients. Human Science Systems is a State of Nevada corporation headquartered in Coral Springs, Florida.
For more information visit http://www.humansciencesystems.com or call 1 (954) 603-0495.
Lamperd Less Lethal, Inc. (OTCBB: LLLI - http://finance.yahoo.com/q?s=LLLI.OB )
Lamperd Less Lethal, Inc. announced today the receipt of a letter of intent from Taylor's & Company, Inc. of Winchester, Virginia to establish non-exclusive U.S. sales and distribution of the Lamperd Less Lethal Defender and MPK firearms and ammunition system, including Lamperd's patented WASP(TM) less-lethal blunt impact round.
The letter of intent specifies that Taylor's & Company plans to market Lamperd Less Lethal products through its nationwide network of over 6,000 firearms dealers and distributors, targeting its existing and future law enforcement and military clients.
Taylor's & Company currently distributes products from a variety of well-known, well-regarded firearms manufacturers. Lamperd's products will be the first less-lethal/non-lethal arms the company offers. The decision to begin marketing the Lamperd Less Lethal system was made after product tests satisfied company officials that the efficacy and versatility of the Defender firearm and WASP round had strong market potential in the United States.
Taylor's & Company has indicated that it holds in good standing the necessary FLL license to import and distribute firearms in the United States and will be applying for additional licenses needed for the full range of marketing opportunities it will pursue with the Lamperd Less Lethal system. First shipments of Lamperd Less Lethal products are expected to take place in the next 30 to 60 days.
Barry Lamperd, President of Lamperd Less Lethal, reports that, "Taylor's & Company should become an important part of our export plans to U.S. law enforcement and military markets. Over the last few months, we've made significant progress ramping up to large scale manufacturing of the Lamperd Less Lethal system. Distributors with well established networks like Taylor's & Company will help us achieve the growth we forecast in the coming months and years."
Pender International Inc. (OTCBB: PNDR - http://finance.yahoo.com/q?s=PNDR.OB )
Pender International Inc., located in Markham, operates as a merchant bank for small to medium-sized undervalued companies that require capital for growth or financial restructuring. In addition Pender provides experienced, highly qualified senior management in support of existing management of investee companies. Investment instruments include subordinate debt with warrants or conversion privileges and equity securities. Pender will invest in management and leveraged buy-outs, recapitalizations and financial restructurings, mezzanine financings and the purchase of real estate portfolios. To date, Pender has completed, or committed capital to concerns engaged in real estate and resort ownership and development, and gold mining located in Canada and Mexico. Pender's investment strategy is driven by the quality of underlying asset values, realizable upside potential, the potential to add substantial value and the timing of value realization, and is not limited by industry or geography.
Cryo-Cell International Incorporated (OTCBB: CCEL - http://finance.yahoo.com/q?s=CCEL.OB )
Cryo-Cell International Incorporated is engaged in cryogenic cellular storage and the design and development of cellular storage devices. The Company's focus is on the processing and preservation of umbilical cord blood stem cells for autologous and sibling use. The Company believes that it is the fastest growing commercial firm currently specializing in separated umbilical cord blood stem cell preservation. The Company has pioneered several technologies that allow for the processing and storage of specimens in a cryogenic environment. The Company's original mission of affordability for U-Cord blood preservation remains in effect. These technologies include a process for the storage of fractionated U-Cord stem cells and the development and patenting of the first computer controlled, robotically operated cryogenic storage system.
About OTCStockExchange.com
OTCStockExchange.com (OTCS) is a leading investor relations firm whose primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small and micro-cap companies. OTCS is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. OTCS's goal is to feature equity investments in micro or small capitalization companies that have the potential for long-term appreciation. OTCS provides all investors with the latest news, press releases, investment opinions, and research reports for all the companies highlighted on the site. OTCS offers a free financial newsletter. To subscribe or get more information, visit our home page located at http://www.otcstockexchange.com .
OTCStockExchange.com (OTCS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by OTCS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OTCS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.otcstockexchange.com or mentioned herein. OTCS has been compensated by third party shareholders or with cash from the company on behalf of one or more of the companies mentioned in this opinion.
OTCS has been compensated by third party shareholders or with cash from the company on behalf of HMNS. OTCS has been compensated 4,000,000 shares on behalf of HMNS for dissemination of this opinion and other professional services.
OTCS's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event of a rise in value. OTCS will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and OTCS undertakes no obligation to update such statements.
CONTACT: e-mail: info@otcstockexchange.com WWW: http://www.otcstockexchange.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2005 M2 COMMUNICATIONS LTD
I would've loved to have seen that! Hopefully, you'll get a chance to dance some more today too.
somthing to consider ( this is from an older PR) :
>Pender International Inc. ("Pender" or the "Company") announced >that it expects dewatering the Armistice mine shaft down to the >2,250-foot level will require approximately four to six weeks, >with expected completion at the end of May 2005.
... end of May.....
B
Looking Gooooood!!!!!!!!http://www.americanbulls.com/StockPage.asp?CompanyTicker=PNDR&MarketTicker=OTC&TYP=S
who is your source ?
The deal is NOT closed. I got the impression today that they are no longer even pursuing it, but maybe that was just my source being coy. Anyway, it is not closed.
i hate being a spoilsport.... but if the deal was closed, why wasn't there a PR today ??.....
otherwise GO BABY GO !!! .... to infinity and beyond !!!
:) today was a good day for my portfolio !
B
Can you see me doing the "Happy Dance" here? See it, see it. My feet are all over the place. Sorry Sparex that you had to miss it all today. I was thinking about you the whole time. .13 WOW! Let's see it gap up in the a.m.!
Followers
|
1
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
447
|
Created
|
02/25/05
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |