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JBII HAD A STRONG DAY TODAY MORE TO COME!!!!!!!!!
JCDS <> EFLN <> JBII
VisualMED Resumes Marketing Its Paperless Clinical Information Systems to Acute Care Facilities
Visual Healthcare Cp (USOTC:VSHC)
Intraday Stock Chart
Today : Friday 1 April 2011
Click Here for more Visual Healthcare Cp Charts.
VisualMED Clinical Solutions Corp. (The "Company") (PINKSHEETS: VMCS) (FRANKFURT: VA6.F) announces today that it is launching a new initiative in the marketing of large scale automated smart hospital Electronic Health Records (EHR) in the U.S. market, after a 2-year interruption.
The VisualMED Clinical System is a fully integrated clinical management system designed for helping acute care hospitals implement a paperless environment for improved patient treatment. These smart EHRs provide time tested solutions for the full automation of medical and nursing acts including electronic prescriptions, unique decision support functionalities based on over 8,000 use cases and over 20,000 decisional algorithms and help reduce the incidence of adverse drug events, estimated to kill some 300,000 patients a year, the third highest cause of death in the U.S. after heart disease and cancer.
The system is being used on a daily basis by over 1,000 clinicians in both small and large hospital facilities in the US and Canada. It was first developed at the McGill University Health Center by the Department of Medicine of the Royal Victoria Hospital.
"The 2008 financial crisis left many institutions without the resources to implement complex million dollar clinical systems, and in many cases, all decision making was entirely suspended," says Chairman Gerard Dab. "Now with the recovery under way and government incentives being ushered in, we thought the time was right for re-launching a marketing campaign for our acute-care system."
The company has been seeking new distribution partners and has recently signed an agreement with a hospital advisory group that will represent its hospital product line to large provider organisations and HMOs.
The company continues to focus on the marketing of its suite of scalable clinical modules to private provider clinics, especially in the South-east and New York Tri-State area. We are involved in many joint ventures and co marketing agreements with other medical software providers including our own license holders. Our current sales funnel comprises a number of private healthcare providers who have been using antiquated systems and are under immediate constraint to upgrade and modernize their services. The company intends to provide cost effective services to the largely untapped market of small-medium sized private, doctor-owned clinics as the basis for an immediate and permanent expansion of its client base. It will be proactive in assisting small facilities to qualify for ARRA dollars and other government subsidies for meaningful use EHRs.
ABOUT VISUALMED
VisualMED markets smart Clinical Information Systems (CIS) with EHR and Computerized Physician Order Entry that are at the core of the new regulatory environment ushered in by the American Recovery and Reinvestment Act of 2009 and the Health Reform Act of 2010. We offer medical facilities and physicians a broad array of clinical applications with rich embedded clinical data, both scalable and interoperable, and whose high level of usability has been tested by over one thousand clinicians over many years in tertiary care and ambulatory environments.
Our solutions help medical facilities increase provider efficiency, bring down operating costs, demonstrate meaningful use for ARRA grants and subsidies, and reduce mortality and morbidity. The Company's Suites of Medical Solutions operate on state of the art proprietary software platforms with advanced analytical capabilities provided by Visual Healthcare Corp. (PINKSHEETS: VSHC).
Detailed information on our company and its products is available on our web site at www.visualmedsolutions.com
FORWARD-LOOKING STATEMENTS
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
For further information, please contact:
Frederick Berlin
Sales Manager
Tel: 514 836 1212
CHDT Corporation Surpasses Record Q1 Revenue Projection
Chdt Corporation (OTCBB:CHDO)
Intraday Stock Chart
Today : Friday 1 April 2011
Click Here for more Chdt Corporation Charts.
CHDT Corporation, a Florida corporation (OTCBB: CHDO), ("Company"), with operating subsidiaries focused on designing and manufacturing consumer products for the North American and Latin American retail markets, reports today that the Company surpassed its projected Q1 revenues with $2,500,000 in sales and a record order backlog of over $3,000,000. Revenues increased $2,146,964 or 608% over the 1st Q of 2010.
In 2010, the Company successfully launched and has placed the eReader-Lite and eBook-Lite -- an LED adjustable light for eReaders, Light Ringers -- LED desk lamps and C-Lites -- wireless motion sensor lights in various retail channels. These products, along with continually growing sales in the Eco-i-Lite line, have resulted in record revenue growth in the 1st Q of 2011. The Company will enter Q2 with order backlog commitments of over $3,000,000 with ship dates in Q2 and Q3.
The Company will not provide earnings information at this time other than to say management expects to show a profit, which will be the first Q1 profit in Company history. The 1st Q is historically the slowest sales quarter of the year.
"As I mentioned in our year-end conference call, the future for CHDT Corporation has never been brighter. Revenues are strong and growing, profits are expected and we have a significant order backlog coming into Q2. We had a positive show last month at the International Home and Housewares Show and expect more products and additional retailers to come on board," said Stewart Wallach, CEO of CHDT Corporation.
About CHDT Corporation
CHDT Corporation (www.chdtcorp.com) is a public holding Company that engages, through its wholly owned subsidiaries, in the development, manufacturing, logistics, and distribution of consumer products to retailers and distributors throughout North America and Latin America. See www.chdtcorp.com for more information about the Company and also www.capstoneindustries.com for information on our current product offerings. Reference of URLs in this press release does not incorporate said URLs or any of their contents in this press release.
FORWARD-LOOKING STATEMENTS: This press release, including the financial summary above, contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended. Such statements consist of words like "anticipate," "expect," "project," "continue" and similar words. These statements are based on the Company's and its subsidiaries' current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the forward-looking statements. CHDT undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release and risks associated with any investment in CHDT, which is a small business concern and a "penny stock Company" and, as such, a highly risky investment suitable for only those who can afford to lose such investment, should be evaluated together with the many uncertainties that affect CHDT's business, particularly those mentioned in the cautionary statements in current and future CHDT's SEC Filings.
The Evermedia Group, Inc. Retains The Olibri Group as Investor Relations Representative
Evermedia Group, (USOTC:EVRM)
Intraday Stock Chart
Today : Friday 1 April 2011
Click Here for more Evermedia Group, Charts.
The Evermedia Group, Inc. (PINKSHEETS: EVRM) (www.evrm.us) a service-disabled, veteran owned holding company of Evermedia Biometrics Corporation (EBC) and System Technology Solutions (STS), announced today that The Olibri Group has been retained to provide investor relations services on behalf of the Company.
The initial term will be for one year to provide support and service to investors' queries in addition to any other strategic communications needs the Company may have in the future. The transition to a new investor relations firm came as the previous provider's contractual term ends today.
"Briggs Smith was highly recommended by one of our shareholders, and was the case with our previous provider," said Jonathan Sym, CEO of The Evermedia Group. "I am confident that Briggs will continue to provide outstanding service and build on the successes of his predecessor."
"I am delighted to have the opportunity to work with the Evermedia team. I hope to continue to provide timely feedback to our shareholders as well as to improve our communications efforts through the development of sound metrics, use of other viable forms of strategic communications and to develop quality assurance protocols so that we may better provide service to current and prospective shareholders," commented Briggs Smith.
Please direct all telephone and email inquiries regarding The Evermedia Group to:
Briggs Smith
The Olibri Group
Tel: 813.438.5225
Email: info@olibrigroup.com
About The Evermedia Group, Inc.
The Evermedia Group, Inc. is a Service Disabled, Veteran Owned Small Business (SDVOSB) providing defense and security solutions for government agencies and private entities. In federal contracting, this allows the Company to pursue opportunities available only to companies with this designation under the Veteran's Benefit Act of 2003. Evermedia Group's wholly-owned operating subsidiaries include defense contractor System Technology Solutions, Inc. and biometric technology developer Evermedia Biometrics Corporation. The Evermedia Group, Inc. is headquartered in Boston, Massachusetts.
System Technology Solutions, Inc. (www.sts-corporation.net) provides information technology, engineering, security and logistics services, with operational offices in San Antonio Texas in addition to business development offices in Washington D.C.
Evermedia Biometrics Corporation (www.evermediabiometrics.com) develops proprietary biometric applications to enhance physical, logical and e-commerce security using iris recognition technology.
Briggs Smith
The Olibri Group
Tel: 813.438.5225
Email: info@olibrigroup.com
lhpt ta update
as of march 15th this is what i got from the ta
e-mail from ta.. they only give the o/s out so we dont know how many shares are free or restricted.
Authorized 10,000,000,000
Outstanding 342,366,426
u can get updates by calling or sending e-mails to info@madisonstocktransfer.com or calling
tel: 718-627-4453
fax: 718-627-6341
$$PRPM:Acquisition Criteria
What we are looking for are small focused software companies preferably at the next stage after start up, who are looking either to sell their business or aggressively expand and are seeking equity capital.
The market for raising capital has changed dramatically as there are 10x more companies chasing 10x less money. You must throw everything you have at raising capital.
Here is how we work : Upon initial receipt of a company’s due diligence materials, The ProTek Capital team will typically come to a decision as to whether or not to extend an invitation to engage further within a week to 10 days time.
In order for us to be the most effective, we prefer companies who can supply us with as many tools as possible. The tools usually range from a terrific business plan to a company that is audited to having a CEO who speaks great to large audiences just to name a few. We don’t require all the tools as passion for one’s own company can be enough on its own but we make it very clear that if you want us to do the best job possible, the more tools provided the better.
If you wish to contact us please e mail us at : info@protekcapital.com.
watch list
JCDS <> IFUS <> EFLN <> JBII
GM everyone!
watch list
JCDS <> IFUS <> EFLN <> JBII
goooooooooooooooooooood night everyone
watch list
JCDS <> IFUS <> EFLN <> JBII
IFUS SS
Shares Outstanding 245,685,381 a/o Jan 04, 2011
Float 73,218,173 a/o Jan 04, 2011
Authorized Shares 250,000,000 a/o Dec 30, 2010
JUNP NEWS OUT Juniper Shareholder Update of NIR Litigation
Juniper Group, Inc. NEW Common Stock (USOTC:JUNP)
Intraday Stock Chart
Today : Tuesday 1 March 2011
Juniper Group, Inc. (OTCQB:JUNP) has received several inquiries from shareholders concerning the status of the litigation involving a related group of companies that will be referred to as the NIR Group. The main concern expressed by these holders is whether NIR Group can convert its convertible notes into shares that can be sold into the open market. Juniper believes that the answer to this inquiry is no. Specifically, we have been advised that NIR Group cannot convert any of its notes into shares of common stock of Juniper while the litigation is pending.
Although court schedules are difficult to predict, and the outcome of this action is not assured, we believe that it will be a long time before the case is resolved. As such, we understand that NIR Group will not be able to sell any Juniper stock into the open market for the foreseeable future. Furthermore, numerous reports in the financial press confirm that NIR is being investigated by the Securities and Exchange Commission and the United States Attorney's Office. In the event that any kind of government action is taken against NIR, it is possible that all current claims that NIR may have against Juniper could be turned over to a Court-appointed receiver, which could also delay and hinder NIR's efforts to prosecute any claims against Juniper.
The litigation by NIR occurred in part as a result of Juniper's refusal to convert more than 1% of Juniper's total issued and outstanding shares at a time to each of several NIR Group companies. Based upon advice of counsel, Juniper has taken the position that releasing 4.9% of its total issued and outstanding common shares to multiple companies controlled by Corey Ribotsky at the same time and in succession would be a potential illegal distribution of shares based upon NIR's potential status as an affiliate of Juniper Group.
In addition, Juniper alleges that NIR has violated its financing agreements with Juniper and unlawful previous short selling has, in turn, damaged Juniper's market and its shareholders, which give rise to substantial defenses and counterclaims in favor of Juniper against NIR Group.
Vlado P. Hreljanovic, Chairman and CEO, stated, "We intend to stand firm against any further conversions by the NIR Group based on their violations of the financing agreements and potential violations of securities regulations."
About Juniper Group, Inc.
Juniper Group, Inc. (OTCQB:JUNP) conducts wireless infrastructure services through its operating subsidiaries which primarily focus their activities in the Eastern and Central United States. Our intention is to be able to support the increased demand in the deployment of wireless infrastructure services with leading wireless telecommunication companies in providing them with maintenance and upgrading of wireless telecommunication network sites, site acquisitions, site surveys, co-location facilitation, tower construction and antenna installation to tower system integration, hardware and software installations.
Safe Harbor
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," or variations of such words are intended to identify such forward-looking statements. The forward-looking statements contained in this press release include, statements regarding the expected growth trend. All forward-looking statements in this press release are made as of the date of this press release, and Juniper assumes no obligation to update these forward-looking statements other than as required by law. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements and include the risk that our growth will not continue as anticipated and the factors discussed in the Business and Management's Discussion and Analysis sections in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings are available at www.sec.gov.
CONTACT: Juniper Group, Inc.
Investor Relations: 516-829-4670
monday is a holiday people! just a reminder
TEMN more news today...TEAM Nation Renews Revenue Generating Vendor Services Agreement With CCTN; Allows for $500,000 Additional Revenues for 2011
Team Nation Holdings (OTCBB:TEMN)
Intraday Stock Chart
Today : Tuesday 15 February 2011
TEAM Nation Holdings Corporation ("TEAM") (OTCBB: TEMN) is pleased to announce that it has renewed its agreement with Calcounties Title Nation Company ("CCTN"), to provide HR, IT, Accounting, Compliance and production services to CCTN at increased fees per transaction. Effective January 3, 2011 fees in the Amended and Restated Vendor Services Agreement were increased an average of $20 per transaction to account for increases in volume, data costs and employees. While still incredibly competitive for their client, the increases have the potential to drive an additional $500,000 in revenue to TEAM during fiscal year 2011. Administration expenses were also increased by $10,000 (per month) to $50,000 total.
Dennis R. Duffy, Cofounder and Board member of TEAM, stated, "We are pleased and excited to continue our relationship with CCTN and are confident that the recent adjustments to our contract will allow us to continue to provide the excellent service CCTN expects from its production partner while supporting our revenue goals. Paired with our recently announced plans to expand into 12 additional states, this renewed contract will drive revenues up and make our balance sheet much easier on the eyes in the months to come."
About Calcounties Title Nation Company: Calcounties Title Nation Company, a California corporation, fka California Counties Title Company ("CCTN") is a full service underwritten title agency providing title, escrow and settlement services. Established in 1973 and in continuous operation since 1974, CCTN operates in Orange and Los Angeles counties, California and has applications pending for expansion into surrounding counties.
About TEAM Nation Holdings Corporation: TEAM Nation Holdings Corporation, a Nevada corporation ("TEAM"), is a management and services company specializing in title insurance and escrow services through our affiliate title agency(ies). TEAM Nations Holdings Corporation also services the provision of management, production services, HR administration, IT support, and accounting administration for title insurance companies and related real estate ventures. For more information please visit: http://www.teamnationholdings.com/
Team Nation Holdings, a Nevada Corporation ("TEAM"), is also a holding Corporation for Team Settlement Solutions, (fka Team Nation Holding Corporation, a California corporation) ("TSS") along with TSS Escrow, Inc., a California Corporation. TEAM Nation Holdings, Corp. also includes Mortgage Nation, Inc., a California Corporation, and TEAM Title, Inc., a national settlement services agency as part of their company.
This news release contains forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks described in the company's filings with the SEC.
For more information contact:
Violet Shockley
713-444-0924
GLUU - Breakout in play on daily chart on increased volume. Analyst upgrade w/ $6 price target out + $8 billion valuation.
With earnings out of the way now this stock can trade off the charts and momentum from analyst upgrades with big upside target at $6.00 and $8 billion valuation. Will this stock get to these targets? Who knows, probably not, but it should be good for a breakout play to 4.50 tomorrow and the next day because this close above the breakout point on strong volume. The first breakout day usually gets some selling as scalpers take their profits but as long as the stock closes in the green and the top 50% of it's range, like GLUU did, it's a good sign that there will be continuation in a stock. It may consolidate a day or 2 before continuing or lot's of 9-5's will see the news and come home and place their orders as nobody wants to miss this move. Downside risk is $.30, short term upside potential $.50-.75. Good risk/reward. I will enter this stock long on the open with 5000 shares.
http://finance.yahoo.com/q/ud?s=GLUU
chart looks good
How so? Any PR or data you can share? Thanks.
HNSS look ready to make a serious move, just a heads up...
XNRG NEWS OUT..Xun Energy to Participate in Oil and Natural Gas Drilling Program
Xun Energy Inc. (OTCBB:XNRG)
Intraday Stock Chart
Today : Thursday 20 January 2011
Xun Energy, Inc. ("XNRG") (OTCBB: XNRG) Xun Energy, Inc. announces the Company will participate in a planned 15 well drilling program with Global Energy Acquisitions, LLC and its affiliates ("GEA"). GEA is a Florida limited liability company. GEA intends to drill 15 oil and gas wells on a 416 acre parcel located in Adair County, Kentucky. Each well will be drilled to a depth of up to 2,000 feet in order to reach the Murfreesboro or Knox Formations. The targeted date for the completion of the $2,550,000 funding requirement has been set to February 28, 2011.
Upon the success of the drilling program, GEA will pay to XNRG up to 12.5% gross royalty on revenues generated from the drilling program. XNRG's participation will be based upon XNRG's investment in GEA's 15 well drilling program. XNRG's participation interest has not yet been established.
Peter Matousek, the Company's president, commented, "The agreement with GEA provides the Company with an opportunity to participate in an oil and gas program which would provide the Company with steady cash flow."
About GEA
GEA is in the business of investing in oil and natural gas exploration programs.
About XNRG
Xun Energy, Inc. is a development stage company with limited assets. The Company's prospects will be subject to securing financing and the success of the drilling program.
This Press Release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining to the oil and gas operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in our recent filings. Under no circumstances does this Press Release constitute an offer to sell or a solicitation of an offer to buy the securities of the company described in this Press Release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction.
For Further information on this news release or on XNRG, please visit http://www.xunenergy.com/ or contact XNRG's Investor Relations Department, telephone: 1-775-200-0505, e-mail address: investor@xunenergy.com.
Xun Energy, Inc.
Investor Relations
1-775-200-0505
Email Contact
http://www.xunenergy.com/
SavWatt Moves to OTC Bulletin Board
SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the Green revolution, announced today that the Company's common shares are now trading on the OTC Bulletin Board Exchange www.otcbb.com. The new symbol is SAVW.OB.
About SavWatt
SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt's product families include LED fixtures, bulbs, Street Lights and Parking Lights. For additional product and company information, please refer to www.savwatt.com. To hear Recorder updates on the company Text SAVW to 46800.
This press release contains forward-looking statements involving risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those indicated. Actual results may differ materially due to a number of factors, including the risk we may encounter delays or other difficulties in ramping up production of our new products; the rapid development of new technology and competing products that may impair demand or render SavWatt's products obsolete; and other factors discussed in SavWatt's filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2009, and subsequent filings.
SavWatt is a registered trademark of SavWatt USA, Inc.
Contact:
SavWatt USA, Inc.
Email Contact
1-307-399-2507
happy new year everyone! and be safe!
p.s dont drink and drive!!!!!!!!1
SEC Charges Former Carter's Executive With Fraud and Insider Trading
FOR IMMEDIATE RELEASE
2010-252
Washington, D.C., Dec. 20, 2010 — The Securities and Exchange Commission today charged a former Executive Vice President of children's clothing marketer Carter's Inc. for engaging in financial fraud and insider trading. The SEC alleges that Joseph M. Elles's misconduct caused an understatement of Carter's expenses and a material overstatement of its net income in several financial reporting periods.
The SEC also announced that it has entered a non-prosecution agreement with Carter's under which the Atlanta-based company will not be charged with any violations of the federal securities laws relating to Elles's unlawful conduct. The non-prosecution agreement reflects the relatively isolated nature of the unlawful conduct, Carter's prompt and complete self-reporting of the misconduct to the SEC, its exemplary and extensive cooperation in the investigation, including undertaking a thorough and comprehensive internal investigation, and Carter's extensive and substantial remedial actions. This marks the first non-prosecution agreement entered by the SEC since the announcement of the SEC's new cooperation initiative earlier this year.
Additional Materials
* SEC Complaint
* Non-Prosecution Agreement
"Elles's trickery in secretly awarding excessive discounts deceived and damaged Carter's investors," said Robert Khuzami, Director of the SEC's Division of Enforcement. "While that was the wrong thing to do, Carter's did the right thing by promptly self-reporting the misconduct, taking thorough remedial action, and extensively cooperating with our investigation, for which it received the benefits of a non-prosecution agreement. In such circumstances, incentivizing appropriate corporate response to misconduct through the use of non-prosecution agreements is in the best interest of companies, shareholders and the SEC alike."
William P. Hicks, Associate Director of Enforcement in the SEC's Atlanta Regional Office, added, "Elles deceived accounting personnel at Carter's and caused financial misstatements to investors. After his misconduct inflated the company's earnings, Elles exercised options for the purchase of Carter's common stock and sold the resulting shares for his personal gain."
According to the SEC's complaint filed in U.S. District Court for the Northern District of Georgia, Elles conducted his scheme from 2004 to 2009 while serving as Carter's Executive Vice President of Sales. The SEC alleges that Elles fraudulently manipulated the dollar amount of discounts that Carter's granted to its largest wholesale customer — a large national department store — in order to induce that customer to purchase greater quantities of Carter's clothing for resale. Elles then concealed his misconduct by persuading the customer to defer subtracting the discounts from payments until later financial reporting periods. He created and signed false documents that misrepresented to Carter's accounting personnel the timing and amount of those discounts.
The SEC further alleges that Elles realized sizeable gains from insider trading in shares of Carter's common stock during the fraud. Between May 2005 and March 2009, Elles realized a profit before tax of approximately $4,739,862 from the exercises of options granted to him by Carter's and sales of the resulting shares. Each of these stock sales occurred prior to the company's initial disclosure relating to the fraud on Oct. 27, 2009, immediately after which the company's common stock share price dropped 23.8 percent.
After discovering Elles's actions and conducting its own internal investigation, Carter's was required to issue restated financial results for the affected periods.
Under the terms of the non-prosecution agreement, Carter's agreed to cooperate fully and truthfully in any further investigation conducted by the SEC staff as well as in the enforcement action filed against Elles.
The SEC's complaint alleges that Elles violated Section 17(a) of the Securities Act of 1933, and Sections 10(b) and 13(b)(5) of the Securities Exchange Act of 1934 and Rules 10b-5 and 13b2-1, and aided and abetted violations of Sections 13(a) and 13(b)(2)(A) of the Securities Exchange Act of 1934 and Rules 12b-20, 13a-1, 13a-11 and 13a-13. The SEC is seeking permanent injunctive relief, disgorgement of ill-gotten gains with prejudgment interest, financial penalties, and an officer and director bar against Elles.
The SEC appreciates the assistance of the U.S. Attorney's Office for the Northern District of Georgia and the Federal Bureau of Investigation in this matter. The SEC's investigation is continuing.
# # #
For more information about this enforcement action, contact:
William P. Hicks
Associate Director of Enforcement, SEC Atlanta Regional Office
404-842-7675
Lorin L. Reisner
Deputy Director, SEC Division of Enforcement
202-551-4787
http://www.sec.gov/news/press/2010/2010-252.htm
SEC Charges Former Law Firm Partner in Multi-Million Dollar Scheme
FOR IMMEDIATE RELEASE
2010-248
Washington, D.C., Dec. 16, 2010 — The Securities and Exchange Commission today charged Jonathan Star Bristol, attorney for former financial advisor Kenneth Ira Starr, with aiding and abetting Starr's multi-million dollar fraud by allowing Starr to use his attorney trust accounts as conduits when Starr stole money from advisory clients.
Additional Materials
* SEC Complaint
* Litigation Release No. 21782
The SEC alleges that more than $25 million belonging to Starr's clients flowed through Bristol's attorney trust accounts. Without his clients' authorization, Starr would transfer their funds into the attorney trust accounts, and then Bristol would transfer the stolen funds to Starr and his two companies for personal use.
The SEC alleges that Bristol never disclosed the existence of the attorney trust accounts to the prominent international law firm where he worked at the time. Monthly account statements clearly listing the names of Starr's clients as the source of the incoming transfers were sent directly to Bristol's home address instead of the law firm. Meanwhile, Bristol touted his relationship with Starr to his colleagues and others, claiming that Starr managed $70 billion in assets. In fact, Starr managed only a fraction of that amount.
"Bristol had a legal and professional responsibility not to assist Ken Starr in conduct that he knew was unlawful," said George S. Canellos, Director of the SEC's New York Regional Office. "Bristol crossed the line from lawyer to conspirator when he failed to safeguard funds entrusted to him, helped Starr steal client money, and lied to the victims to perpetuate the scheme."
The SEC previously charged Starr, Starr Investment Advisors LLC, and Starr & Company LLC with violating securities laws pertaining to custody of clients' assets and misusing client funds to buy a multi-million dollar luxury condominium on Manhattan's Upper East Side among other things.
The SEC's amended complaint, filed today in federal court in Manhattan, adds Bristol as a defendant, alleging that beginning around November 2008 and continuing until Starr's arrest in May 2010, Bristol repeatedly allowed Starr to use his attorney trust accounts to funnel money stolen from Starr clients. Notwithstanding his personal role in the scheme, Bristol represented Starr and his companies throughout the SEC's investigation and in an investment advisory examination by SEC staff.
According to the SEC's amended complaint, Bristol was confronted by one of Starr's victims about an unauthorized $1 million transfer from the victim's account. Bristol lied to the victim that the funds were being bundled with other clients' funds for an investment with UBS Financial Services. In fact, Bristol had already used the misappropriated funds to pay a multi-million dollar legal settlement with one of Starr's former clients. Bristol subsequently sought to represent that same victim after the victim was contacted by SEC staff in its investigation. In addition to the fact that such representations violated the ethical obligations of lawyers, Bristol's clear intent was to obstruct and undermine the SEC's investigation in order to conceal the wrongdoing.
The SEC's amended complaint charges Bristol with aiding and abetting the Starr Parties' violations of Sections 206(1) and 206(2) of the Investment Advisers Act of 1940. The SEC is seeking permanent injunctions, disgorgement of ill-gotten gains with pre-judgment interest and financial penalties. The SEC also will seek an order barring Bristol from practicing before the Commission pursuant to Rule 102(e) of the Commission's Rules of Practice.
Sanjay Wadhwa, Maureen F. Lewis, Timothy Casey and Sandeep Satwalekar, all members of the SEC's Market Abuse Unit in New York, and George O'Kane of the New York Regional Office conducted the agency's investigation, which is continuing. The SEC's litigation effort will be led by Todd Brody. The SEC thanks the U.S. Attorney's Office for the Southern District of New York, the New York County District Attorney's Office, and the New York Office of the Internal Revenue Service's Criminal Investigation Division for their assistance in this matter.
# # #
For more information about this enforcement action, contact:
George S. Canellos
Director, SEC's New York Regional Office
(212) 336-1020
Sanjay Wadhwa
Deputy Chief, Market Abuse Unit, SEC's Division of Enforcement
(212) 336-0181
Maureen F. Lewis
Assistant Director, Market Abuse Unit, SEC's Division of Enforcement
(212) 336-0125
http://www.sec.gov/news/press/2010/2010-248.htm
SEC Brings Fraud Charges Against Self-Described Idaho Nuclear Power Company
FOR IMMEDIATE RELEASE
2010-249
Washington D.C., Dec. 16, 2010 — The Securities and Exchange Commission today charged a self-described power company in Idaho with fraudulently raising funds for a $10 billion nuclear power project. The SEC is seeking an emergency court order to freeze the assets of the company and two executives.
Additional Materials
* SEC Complaint
The SEC alleges that Alternate Energy Holdings Inc. (AEHI) has raised millions of dollars from investors in Idaho and throughout the U.S. and Asia while fraudulently manipulating its stock price through misleading public statements that conceal the secret profits reaped by its CEO Donald L. Gillispie and Senior Vice President Jennifer Ransom. Gillispie has touted the company as a tremendous investment opportunity that could rival Exxon Mobil in profitability, despite the fact that AEHI has essentially no revenue and minimal operations.
The SEC suspended trading in AEHI stock earlier this week.
“In light of AEHI’s ongoing efforts to raise funding while promoting itself through a daily deluge of press releases, we needed to take immediate action to get to the bottom of the company’s misleading statements,” said Marc Fagel, Director of the SEC’s San Francisco Regional Office. “Documents we have obtained to date indicate a scheme to personally enrich the CEO at the expense of investors.”
According to the SEC’s complaint filed today in federal district court in Boise, AEHI’s fundraising was facilitated by a scheme to drive up the company’s stock price, both through frequent press releases (at least 87 in 2010 alone) and efforts of paid stock promoters to manipulate the stock price. The SEC alleges that the company has made multiple misrepresentations, including claims that its executives had such confidence in AEHI that they had not sold a single share of company stock. Records obtained by the SEC show that Gillispie and Ransom have instead secretly unloaded extensive stock holdings and funneled the money back to Gillispie.
The SEC’s complaint also alleges that AEHI reported to the SEC and investors that Gillispie’s compensation was $133,000. However, Gillispie has actually reaped approximately six times that amount in 2010.
The SEC’s complaint charges AEHI, Gillispie, and Ransom with violations of the anti-fraud provisions of the federal securities laws, and names as relief defendants two companies controlled by Gillispie and Ransom (Executive Energy Consulting LLC and Bosco Financial LLC). In a motion filed simultaneously with the enforcement action, the SEC seeks emergency relief for investors including an asset freeze and a temporary restraining order enjoining the defendants from further violations of the securities laws.
The SEC’s case was investigated by Kristin Waldron, David Berman, Heather Marlow, and Tracy Davis of the San Francisco Regional Office. The SEC acknowledges the assistance of the Idaho Department of Finance and FINRA in this matter. The SEC’s investigation is continuing.
# # #
For more information about this enforcement action, contact:
Marc J. Fagel
Regional Director, SEC’s San Francisco Regional Office
(415) 705-2449
Michael S. Dicke
Associate Regional Director, SEC’s San Francisco Regional Office
(415) 705-2458
http://www.sec.gov/news/press/2010/2010-249.htm
JBI, Inc. to Hold Shareholder Update Conference Call
Jbi, Inc. (USOTC:JBII)
Intraday Stock Chart
Today : Friday 17 December 2010
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JBI, Inc. ("JBI", the "Company") (OTCQX:JBII) announced today that Chief Executive Officer John Bordynuik will host a conference call to update shareholders on the Company's operations and development.
The call information is as follows:
* Date: Wednesday, December 22, 2010
* Time: 4:30 p.m. Eastern Standard Time
* Call-in toll-free number (US/Canada): 1-877-669-3239
* Call-in toll number (US/Canada): 1-408-600-3600
* Global call-in numbers: https://johnbordynuik.webex.com/johnbordynuik/globalcallin.php?serviceType=EC&ED=97072692&tollFree=1
* Toll-free dialing restrictions: http://www.webex.com/pdf/tollfree_restrictions.pdf
* Conference Access Code: 666 929 555
All call information will be made available on the Company website (www.jbiglobal.com) for those wanting to participate.
About JBI, Inc.
JBI is an alternative Oil and Gas company that has developed a process to convert waste plastic into fuel (Plastic2Oil). JBI scaled a 1kg processor to a 20MT commercial processor in less than 1 year. For more information please review www.plastic2oil.com
Forward Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, but are not limited to: (1) JBI has a history of net losses, and may not be profitable in the future; (2) JBI may not be able to obtain necessary licenses, rights and permits required to develop or operate our Plastic2Oil business, and may encounter environmental or occupational, safety and health conditions or requirements that would adversely affect its business; and (3) JBI may experience delays in the commercial operations of its Plastic2Oil machines and there is no assurance that they can be operated profitably. For a more detailed discussion of such risks and other factors, see the Company's amended Annual Report on Form 10-K, filed on July 9, 2010, with the Securities and Exchange Commission, and its other SEC filings. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: JBI, Inc.
Investor Relations
John Zervas
(877) 307-7067
jpz@jbi-ir.com
EyeCity.com's CEO Addresses the Public With 4th Quarter Updates
Eyecity.Com (USOTC:ICTY)
Intraday Stock Chart
Today : Wednesday 15 December 2010
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EyeCity.com, Inc. announced today that the Corporation has been engaged with on-going negotiations with a private company whose name has not yet been released. Over the past several weeks, budgetary and share structure concerns have been addressed with the advice from corporate council, protecting the interest of EyeCity.com and the shareholders.
When asked about the direction of EyeCity.com, Mr. Wilson commented to the fact that the New Year will be a year of "Clear Direction." Mr. Wilson summarized this term by adding "I want our shareholders to know that ICTY will not alter the business model during the course of the New Year. Having a clear direction and sustained business, EyeCity.com will have a dynamic year."
Another goal in EyeCity.com's year end plan is to finalize Pink Sheets compliancy and to become Pink Sheets current information. Current financials are being reviewed along with other regulatory documentation that should make this short term goal a reality. All of the corporate filings will be handled by corporate council to ensure the highest level of trading capacity.
Mr. Bradley Wilson, CEO of EyeCity.com, stated, "During the course of the roller coaster trading, I've come to understand the frustration of many shareholders. I take full responsibility for the delays in forward progression as previously stated in past releases. But, these delays do come with merit. I have a fiduciary obligation to this organization and the shareholders alike. Under no circumstances will I jeopardize the integrity or the credibility of this company for the sole purpose of unwarranted dilution of the common stock."
Mr. Wilson further stated, "The new acquisition will allow EyeCity.com a shared revenue stream that will greatly increase our market cap while providing a foundation for future growth. As CEO, my perseverance will prevail until each and every person that believes in EyeCity.com feels confident in their positions."
Safe Harbor Statement -- This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. EyeCity.com does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
CONTACT: EyeCity.com, Inc.
Mr. Bradley Wilson, CEO
407.575.0026
BI, Inc. Plastic2Oil Process Commences Commercial Operation
Jbi, Inc. (USOTC:JBII)
Intraday Stock Chart
Today : Wednesday 15 December 2010
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Today, JBI, Inc. (JBI) (OTCQX:JBII) announces that it has entered into a formal Consent Order with the New York State Department of Environmental Conservation (DEC) Region 9, which will allow the Company to immediately run its Plastic2Oil process commercially and begin construction of an additional processor at its Niagara Falls, New York P2O facility.
Following receipt of the formal emission stack test report in early October 2010, JBI began working with the DEC to complete and submit an application for an Air State Facility permit, which was finalized and submitted in November 2010. On December 2, 2010, JBI was provided with a working copy Draft Air Permit. In addition to the air permit requirement, the Albany division of the DEC advised JBI that they would be required to submit a more specific Beneficial Use Determination (BUD), which JBI successfully completed and submitted to the DEC on October 22, 2010. In a letter mailed on December 1, 2010, JBI was advised by the DEC that a solid waste permit would be required.
The Consent Order was offered by the DEC during a meeting on Friday December 3, 2010, where representatives from the DEC, JBI and State Senator George Maziarz convened to discuss permitting of the Plastic2Oil process. It was relayed to JBI by DEC Albany that a solid waste permit was required and would allow JBI's business to expand to include feedstock not covered within the limited scope of a BUD. A Consent Order was executed yesterday. The Consent Order allows JBI to commercially operate the Plastic2Oil factory in Niagara Falls. This Consent Order bridges the time between now and when JBI acquires an Air State Facility permit and a Part 360 Solid Waste permit.
"I am very pleased to have had the opportunity to assist JBI with the permitting process with DEC," said Senator George D. Maziarz (R,C – Newfane). "This is a company that is implementing green strategies and innovative recycling methods. Embracing environmentally and ecologically friendly technology such as this will reap long-term rewards."
JBI is grateful for the assistance of staff at NYSDEC Region 9 office, Senator Maziarz and Thompson, and the City of Niagara Falls who have been very supportive of the Company's Plastic2Oil initiative.
About JBI, Inc.
JBI, Inc. is an alternative Oil and Gas company. JBI developed a process that converts waste plastic into fuel (Plastic2Oil). JBI scaled a 1kg process to a 20MT commercial processor in less than 1 year. For more information please review www.plastic2oil.com
Forward Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees as of 1995. Those statements include statements regarding the intent, belief or current expectations of JBI, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Such risks include, but are not limited to: (1) JBI has a history of net losses, and may not be profitable in the future; (2) JBI may not be able to obtain necessary licenses, rights and permits required to develop or operate our Plastic2Oil business, and may encounter environmental or occupational, safety and health conditions or requirements that would adversely affect its business; and (3) JBI may experience delays in the commercial operations of its Plastic2Oil machines and there is no assurance that they can be operated profitably.For a more detailed discussion of such risks and other factors, see the Company's amended Annual Report on Form 10-K, filed on July 9, 2010, with the Securities and Exchange Commission, and its other SEC filings. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: JBI, Inc.
Investor Relations
John Zervas
(877) 307-7067
jpz@jbi-ir.com
IGSM still in play today folks i hear some big players are supporting it.. lets see how vol goes today and if we can break and hold over .0025! good luck everyone and always take profits
AWSR up .28 so far to $2. Real Company that just obtained huge deal. Watch it
Pre-Market Promotions by Promoter ( 23 Promoters currently promoting 25 Stocks )
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Major Electric Power Company in the Northwestern U.S. Contracts With America West Resources to Supply Up to $175 Million in Compliant Coal From Horizon Mine.
http://finance.yahoo.com/news/Major-Electric-Power-Company-prnews-771057877.html?x=0&.v=1
PPBL has it's chance. I see bottom hitting 0.012 here.
yes TTDZD is crazy
very nice..look TTDZD non stopping..unreal...!!!
I like the looks of SATM XNRG SPPH here
SSPTD and VOYT looks great penny land coming back to lifeeeeeee
Great.. SSPTD may just pull it off tomorrow like TTDZD did.
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