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Sorry to barge in.
Can someone enlighten me as to what WAVAP is
It seems to be some sort of DEPS from Wachovia but their investor relations dept hasn't returned my calls
The symbol is WAVAP any info would be appreciated.
Thanks
Parent company symbol (TSXV:CPT) up 380% in the past 6 months(80% ownership of SEGB).
http://biz.yahoo.com/prnews/031001/va047_1.html
SEGB is profitable and growing:
-increased assets under management by 76% from July 02 - July 03
-increased client accounts by 25% over the same period.
Acquisitions:
-SEGB recently signed an LOI to acquire a NY based broker dealer with reported revenues of US$80M in client assets under management in 02
-combined revenues should be approx. US$14M by yr end.
Market awareness campaign slated to kick off soon!
SE Global Expanse to Canadian Market
Date: July 14, 2003
Capital Alliance Group Inc.'s (TSX.V: CPT) subsidiary SE Global Equities Corp. (OTCBB:SEGB), a provider of technology and financial resources for international investors, announces that it has signed a Letter of Intent with a Canadian-based firm, SE Global Securities Corp ("SEG Canada"), to expand its trading, financial and consulting services to institutional and retail clients in Canada.
SEG Canada is a newly incorporated company in British Columbia, Canada and is independently owned by a group of investors with projected share capital of CDN$1 million. This Letter of Intent outlines the basic terms of a licensing arrangement that provides SEG Canada exclusive rights to use the SE Global's trademark and its financial products and services in throughout Canada. This Letter of Intent is valid for a period of six months and is subject to SEG Canada being granted a securities license with the provincial regulatory bodies in Canada.
"Our expansion into Canada is a natural evolution of our business growth," stated Toby Chu, president and CEO of SE Global Equities Corp "We believe our US operating experience and rapidly growing trading volume will provide significant benefits to our Canadian partners in terms of volume discounts and infrastructure support. With the finalization of the licensing agreement, Canadian investors will be provided with low cost and sophisticated tools to trade on major US stock exchanges."
About SE Global Equities Corp
SE Global Equities Corp. ("SEG") offers a software platform that provides electronic low cost trade execution of US securities through a licensed US securities broker-dealer to investors throughout most of the world. GAI provides a wide range of brokerage services.
SEG, through its wholly owned subsidiary SE Global Capital, also provides strategic consulting services to foreign companies. SE Global Capital specializes in assisting foreign companies expand business presence to North America.
SE Global is not a securities dealer in its own right and has not sought such registration. All trade execution and support services are provided by the individual alliance broker in compliance with local regulatory requirements. Global-American Investments, Inc., a subsidiary of SE Global Equities Corp., is a U.S. licensed securities broker-dealer. Not all securities, products or services described are available in all countries, and nothing herein is an offer or solicitation of securities products and services in any jurisdiction where their offer or sale is not qualified or exempt from registration.
For more information visit the company's website www.SEGlobal.com.
On Behalf of the Boards of Directors of Capital Alliance Group Inc.
Toby Chu
President & C.E.O.
Investor Relations Contact: Mr. Quentin Mai * N. America Toll Free: 1-888-865-0901 Ext.312 * Email: investor@cag-global.com
Capital Alliance To Increase Ownership In SE Global Equities
7/7/03
Capital Alliance Group Inc. announces that it has agreed to convert US$500,000 of debt owed to it by SE Global Equities Corp. (OCTB8: SEGB) into 2,777,777 million shares of SE Global Equities Corp. at a purchase price of $0.18 per share. The shares issued on the settlement of such debt will be considered restricted securities. On completion of the debt settlement CPT will own 14,633,555 shares of SEGB representing 83.5% of shares issued and outstanding.
'This debt conversion will both strengthen SE Global's balance sheet and provide CPT with a increased ownership position,'said Toby Chu, SE Global president and chief executive officer. 'We continue to be very successful in our expansion of SEGB's client base and revenue. We have already begun to see significant benefits from our recent branch expansions and plan to continue with this model in other regions and markets.'
About SE Global Equities Corp.
SE Global Equities Corp. is a provider of technology and financial resources for international investors. SE Global provides online and direct-access trading software and market data through an international network of business alliances with 30 brokerage firms in 25 countries.
SE Global is not a securities dealer in its own right and has not sought such registration. All trade execution and support services are provided by the individual alliance broker in compliance with local regulatory requirements. Global-American Investments, Inc., a subsidiary of SE Global Equities Corp., is a U.S. licensed securities broker-dealer. Not all securities, products or services described are available in all countries, and nothing herein is an offer or solicitation of securities products and services in any jurisdiction where their offer or sale is not qualified or exempt from registration.
For more information visit SE Global's website at www.SEGlobal.com.
CONTACT: TEL: 1-888-865-0901 Relations Contact
Mr. Quentin Mai, Ext.312 Investor
E-mail: investors@cag-global.com
TEL: (604) 871.9909 Capital Alliance Group Inc.
FAX: (604) 871.9919
E-mail: info@cag-global.com
Internet: www.cag-global.com
SE Global Announces Acquisition
OTCBB: SEGB
HOPKINS, MN, May 7 /PRNewswire-FirstCall/ - SE Global Equities Corp. (OTCBB:SEGB), a provider of electronic securities trading technology and financial resources for international investors, has signed a letter of intent to acquire all client accounts and certain other assets of a privately-owned registered broker-dealer ("broker-dealer") based in California. Under the terms of the agreement, certain senior management and staff of the broker- dealer will join SE Global's existing infrastructure in California and Asia.
According to the broker-dealer, it has approximately US$40 million (CAD$63 million) assets under management in about 4,000 accounts. For the fiscal year 2001, the broker-dealer reported transaction revenue of US$2.31 million (CAD$3.63 million). Established in 1997, the broker-dealer is registered in all 50 U.S. States as a General Securities Broker-Dealer and offers a wide range of securities and investment vehicles primarily to the Asian community in the U.S., Hong Kong and Taiwan.
"This strategic acquisition will expand our current client base significantly, increase our revenue and reduce our clearing and operating costs," said Toby Chu, SE Global president and chief executive officer. "Additionally, this transaction will accelerate our penetration of the Asian community, both domestically and abroad. The eventual migration of these accounts to our online and direct-access platforms is consistent with our niche market strategy of providing a full range of services to meet the needs of global investors. SE Global will continue to seek other acquisition opportunities, specializing in multiple ethnic markets, which serve as SE Global's springboard to overseas client acquisition."
This acquisition is subject to customary regulatory and closing conditions. Upon completion of the acquisition, further details will be released. About SE Global Equities Corp
SE Global Equities Corp. is a provider of electronic securities technology and financial resources for international investors. SE Global provides online and direct-access trading software and market data through an international network of business alliances with 30 brokerage firms in 25 countries.
SE Global is not a securities dealer in its own right and has not sought such registration. All trade execution and support services are provided by the individual alliance broker in compliance with local regulatory requirements. Global-American Investments, Inc., a subsidiary of SE Global Equities Corp., is a U.S. licensed securities broker-dealer. Not all securities, products or services described are available in all countries, and nothing herein is an offer or solicitation of securities products and services in any jurisdiction where their offer or sale is not qualified or exempt from registration.
For more information visit the company's website www.SEGlobal.com.
On Behalf of the Board of Directors
of SE Global Equities Corp.
"Toby Chu"
Toby Chu
President & C.E.O.
Investor Relations Contact: Mr. Quentin Mai, N. America Toll Free:
1-888-865-0901 Ext.312
Email: investor@SEGlobal.com
S-8 POS Registration Statement!!
http://www.freeedgar.com/search/FilingsResults.asp?SourcePage=CompanyList&CIK=1088005&UseFra...
SE GLOBAL EQUITIES CORP files Form S-8 POS, Post-Effective Amendment to Registration Statement of Securities to be Offered to Employees Pursuant to Employee Benefit Plans
US online brokers bounce back!!
http://www.thisislondon.co.uk/dynamic/news/business_story.html?in_review_id=
542583&in_review_text_id=508206
US online brokers bounce back by Lauren Chambliss, Evening Standard
OF ALL the dotcom players, America's major online brokers have displayed a
keen survival instinct in the face of extreme environmental stress.
In the past 18 months, online brokers have faced a stunning loss of market
capital, shrunken trading volume, skittish retail investors, industry
concentration and competition from the bulge-bracket investment houses.
Yet the top five online traders have managed to survive to the point where,
rather than adding to the pile of dotbomb wreckage, they have become
takeover targets themselves.
Datek Online Holdings, the fifth largest pure online trading company, was
auctioned off this week and the bidding was so brisk that the eventual
winner is expected to pay upwards of $1.4bn (£975m), 50% more than analysts
thought Datek would fetch just a few months ago. Datek's customers are the
committed online types, individuals who trade actively and are looking for
fast execution at inexpensive prices.
The bidding included most of Datek's major rivals, anxious to add its
850,000-plus customer accounts to their own client bases. Details will not
be known for several days because the bids are under seal, but E*Trade,
Ameritrade and Toronto-Dominion Bank were involved in the bidding, analysts
believe. There was even early interest from Bank of America and Wells Fargo.
Datek's auction comes when the environment for online traders is hardly
hospitable. Trading volume industry-wide has plunged by more than 50% from
its peak. During the first quarter of 2000, number one Charles Schwab's
average online account traded 2.87 times but dropped to 1.21 by the last
quarter of 2001. Ameritrade fell from 10.8 average trades per account in the
heyday to three during the final period last year.
Datek is averaging about 83,000 trades a day, 55% fewer than during the peak
years when retail investors went wild riding the bull market on Wall Street.
Bear Stearns reckons online trading volume declined to 32% of retail trades
during the fourth quarter of 2001, down from 35% a year earlier as the
bricks-and-mortar brokers garnered back a slice of the retail trading pie
they lost during the market peak in 1999 and 2000.
The online brokers' survival tactic in tough times is simple: improve
technology to cut costs and provide better customer service while going
after new customers through acquisition and internal growth, so that
everything is in place once the market turns back up.
'There is a huge focus on account growth,' says Merrill Lynch analyst Sean
Chin. 'The trick is to acquire accounts in an economically attractive way.'
At $1.2bn, Datek's suitor would be paying a pricey $1400 per account.
Schwab's market value is higher, about $2500 per account, but it caters to
higher-end customers, has a full service discount broker and the largest
online account base.
The willingness to bid up Datek is a big vote of confidence that Wall Street
is expecting better days ahead.
One encouraging sign is that even as volume stays low, the number of
investors signing up for online accounts grew to 19m at the end of last
year, a gain of 1.6m.
The bigger online brokers have managed the difficult balance of cutting
costs while improving customer service. Many, like Schwab, snapped up small,
niche rivals at inexpensive prices when the market was at its weakest. A
recent survey by Barron's Magazine found many have improved service and
delivery techniques.
'The online brokers who have survived the latest round of consolidation are
offering more and better services to investors,' said Barron's, which gave
eight of the 22 services a high four-star rating.
Forget back to the future. America's big online brokers are looking forward
to the past.
(c) Associated Newspapers Ltd., 04 April 2002
Proposed Teleconference!!
Please find below the details of the proposed conference call. Based on interest we have reserved 30 lines. The telephone company Telus told us that if more than 30 people try to dial in, they will contact us to expand the number of lines. (If lines are available)
Mar. 18 (Mon)
6:00 pm PST
Lines: 30
Duration: 30 mins
Dial-in: 604.517.3400
Participant's Access Code: 4780#
Hani Securities Flyer!!
This is for the folks who wanted to see the flyer that Hani sent out to several thousand of their clients who do trade or have an interest in trading U.S. stocks.
http://www.seglobal.com/hanni.html
This is good ... the new accounts were coming under the SEG umbrella during February, so this month they should contribute even more to topline growth ... plus as total ticket numbers increase the per-ticket costs go down, and better use is made of fixed overhead as well .... i'd sure like to know when cash-flow breakeven is going to happen, shouldn't be too far away at this rate
No trades today on segb, but did you see Dundee there on the cpt? - i watched it live, got to the computer just as they were starting ... they bought 100k today, 100k in February, and 946k net during 2001 ... rumour has it that this may be a fund in the UK, i haven't tried to verify that, doesn't matter so much, clearly it is a player of fund-like size and that's what counts ... they're up now 1146k since Feb of '01 [following a year almost without trades in '00, i think Feb '01 was the start of the position], so they can buy only another 200k or so before they hold ten per cent and have to declare [assuming all Dundee shares are held by one player, which it sure looks like they are] .... i wonder if at some point their interest might turn to segb
On preview - i've never used it here yet, just not in the habit, should experiment with it somewhere ... cheers
SE Global Reports 29% Growth in Monthly Trading Volume
OTCBB: SEGB
SANTA ANA, CA, March 5 /PRNewswire-FirstCall/ - SE Global Equities Corp. (OTCBB:SEGB), a provider of technology and financial resources for international investors, today reported revenue for the month of February 2002 of US$177,555, representing an increase of 29% in monthly trading volume, as compared with January 2002.
Since SE Global completed the acquisition of Global-American Investments Inc. in August 2001, monthly trading volume has grown at an average rate of 12% through February 2002. Total trading volume for the month of February 2002 represents an increase of 73% over August 2001.
"Even with fewer trading days in the month of February including a shorter month and a U.S. holiday, we managed to achieve a record all time high number of trades," stated Toby Chu, President and CEO of SE Global. "February's impressive results demonstrate increasing revenue from new accounts generated by the branches added during the month and continued expansion of our global presence. With multiple branch offices in both San Francisco and in Los Angeles we are well positioned to continue expansion as the U.S. domestic market recovers. While the company's international client base contributed significantly to the company's revenue the past year, at a time when the North American markets were under intense pressure, SE Global is now also realizing expansion opportunities from the U.S. and Canadian markets." About SE Global Equities Corp
SE Global Equities Corp. is a provider of technology and financial resources for international investors. SE Global provides direct-access trading software and market data through a formal licensing and worldwide distribution agreement with Direct Access Financial Corporation.
SE Global is not a securities dealer in its own right and has not sought such registration. All trade execution and support services are provided by the individual alliance broker in compliance with local regulatory requirements. Global-American Investments, Inc., a subsidiary of SE Global Equities Corp., is a registered broker-dealer and a member firm of the National Association of Securities Dealers (NASD) and the Securities Investor Protection Corporation (SIPC). Not all securities, products or services described are available in all countries, and nothing herein is an offer or solicitation of securities products and services in any jurisdiction where their offer or sale is not qualified or exempt from registration.
On Behalf of the Board of Directors
of SE Global Equities Corp.
"Toby Chu"
----------
Toby Chu
President & C.E.O.
Investor Relations Contact: Mr. Quentin Mai (x) N. America Toll Free: 1-888-865-0901 Ext.312 (x) Email: investor@SEGlobal.com Legal Notice Regarding Forward-Looking Statements
Below is a sample of a flyer that Hani Securities has sent out to several thousand clients that are active in stocks on U.S. stock exchanges.
http://www.geocities.com/chanelle95/haniad.pdf
P.S. Bob, the code guy still has work to do. I have a habit of going to "preview" with my post to check the structure,
spelling and the link that I have may have included in my post before posting. Preview is not working. In other words I am posting blind.
Bob the code guy was working on preview yesterday i think, don't know how it works myself, haven't used it here yet ... it is a new feature, didn't use to to have one .... Bob posts here a fair bit - http://www.investorshub.com/boards/board.asp?board_id=504
... must still be working on something, i see the header of the q&a thread has slid off to the right, lol ... another new feature is the 'search this thread' box there, don't know how well it works but i suspect very well indeed, the full-text search works well ... this is a thing that turns a message board setup into a useful database imho, the ability to search ... SI has one that works pretty well but could be better, stockhouse has yet to consider the idea ... plus it is extremely difficult to go back into old posts at s.h., really this is far superior here, eh
Stock had four trades in eighteen seconds today, ended on the downtick, don't know what that's about ... i still haven't added any shares
Last 4 trades today Time X Price Vol
14:07:57 Q 0.64 1000
14:07:39 Q 0.80 900
14:07:39 Q 0.80 5000
14:07:39 Q 0.65 5900
O.K. the message that appeared in my previous post now appears to have been an error and the yours truly appears stupid. Please keep the response until the final curtain.
How does one know that what you read in Preview and what the actual post reads may or may not be the same ?
Thanks again folks.
Introducing the Sophisticated and Affordable Market Data Solution!!
http://216.13.201.74/cagemail/03/e-blast03.htm
Houston, I have a problem!
I get the following error when I Preview the URL...
Forbidden
You don't have permission to access /<fontcolor=' on this server.
Apache/1.3.14 Server at irix.ca Port 80
Server, contrary to your opinion, I did not access font color so therefore no permission required!!
I see the font color in the URL but I am unable to remove it, in Preview the font color is shown, but in "edit message" it is not there to remove.
Any help would be appreciated.
I don't normally either, except for a brief period spring '98 to spring '00 ... had a big Canadian Chartered Bank period too, late '95 to spring '98 ... but mostly resource stocks, and of those golds form the centre, dabble in uranium and oil and suchlike at times, fair bit of base metals like copper in aur.to and the like, but junior golds are home to me ... it always seems so amazing that people call them risky, and here they are playing some Nasdaq production with market cap of billions, no earnings, and questionable accounting -g-
There are worse plays around than this one and its parent company cpt.v, imho ... i hold much more of the cpt, got only nominal segb at this point, should have more before long as i think the time approaches, every day of operation validates the concept, as long as it's positive revenue growth ... i wish they'd release December and January revenue numbers, quite curious there ... but Toby Chu the president is reported to be on a promo tour looking for institutional investors, and i see Canaccord and Dundee on the buy for cpt, they are both significant trend-makers imho, houses 33 and 27 .... also it looks like two institutional size trades in segb a while ago, one of 100k another of 266k ... not bad for starters
Frank, new thread - http://www.siliconinvestor.com/stocktalk/subject.gsp?subjectid=52403
.. feel free to spam it on your Strictly Drilling II ... first gold juniors thread eligible for the hot list -g- ... cháu
Marcos -- I don't normally play anything that not directly driven by natural resources. I tend to pick the bigger more liquid stocks, collect my 30% and call it a day. It's only because I'm hanging out with you guys that the average market cap of my portfolio has drop below $50 million. :)
NGT -- what great news yesterday! The company is aggressivly moving forwards - if the market gods are willing I'm hoping to restore my position on the next dip. I've had a terrific run with this stock +120%
CPT -- I see by the thread header you've included all the links... so I guess I'll look into it. <g>
Thanks
Frank P.
Much of my net time comes from insomnia, it's like a ritual, go to bed and try to sleep, ten minutes later give up and get on the net -g- ... only thing that cures it is vigourous physical exercise, stops the mind going in circles ... beauty of the net is that it's always taking the mind off on tangents, breaks those circles
I'd really like to support this place, but don't know anybody on the active threads, which seem to be largely or entirely otc-bb ... this stock here is the sole bb i hold, and only because i know the people, it's a subsidiary of my top cdnx position .... always had qualms about the otc-bb, back from early days of the net when sleazeballs were running non-reporting promotions listed there, early SI had more than a few of those ... but it's different now that the bb makes their companies report, though i don't know how much different .... probably the real sleaze has shifted to the pinks, just as it shifted from Vancouver to the otc-bb a few years ago
We'll see some 'new money' drifting into juniors before long if the PoG keeps up like this - http://quotes.ino.com/chart/?s=FOREX_XAUUSDO&v=s
... how about that ngt.v? -ggg- ... i'm coining cash - with segb/cpt excepted, my portfolio has doubled since 10 December -g- ... actually a litte more than doubled, and would have been better yet if i'd stuck to juniors and not tied up so much cash playing Franco ... but, prudence has to enter somewhere ... now i smell cpt and segb getting some interest, likely because the president is finally out on the road doing promo, he's been building ammo for a long time, feels this is the moment ... house 27 Dundee showing up on the bid for cpt today encouraged me no end, i figure that's an institution, they bought 946k last year in decidedly non-retail looking chunks ...... you ever take a look at this story, cpt.v/segb.ob? ..... cheers
OT -- Hi Marcos, up early - it seems the older I get the less sleep I need? Actually, I would love to sleep more because getting up at quarter to four seems rather insane.
Anyway about IHUB traffic, the situation here is probably the same over at SI -- a couple threads inhabited with some talkative regulars. Methinks the new money will reappear sometime in the future, probably half way through the next bull market ... say - ten years from now?
Enjoy "winter" my friend...
Regards
Frank P.
http://216.13.201.74/cagemail/04/e-blast_04.htm - page sent out by SE Global ... done by Irix apparently, a friend says the IP is theirs ... [Irix is another subsidiary of Capital Alliance] ..... well rumour is the president has just started a promo tour, looking for institutions to interest in the company ... he saved his ammo all last year, just plugged away in the office mostly doing development, there wasn't much point in promoting anything, nobody was listening .... now, this year, SEG is chugging away writing those tickets and cashing the cheques, while market mood should be somewhat better ... how much revenue in January, i wonder if they'll tell us before 15 April when the 1Q02 is posted ... hope so
Does anybody ever lurk here? ... pretty sparse forum this iHub so far, but looks like it should grow .... cheers
' SE Global Expands U.S. Stock Trading in Hong Kong
1/31/02
OTCBB: SEGB
VANCOUVER, Jan 31, 2002 /PRNewswire via COMTEX/ -- SE
Global Equities Corp. (OTCBB: SEGB), a provider of technology
and financial resources for international investors, announces that it
has entered into an agreement with Hani Securities (HK) Ltd., of
Hong Kong to offer SE Global's direct-access trading platform, SE
Global Trade(TM) to local investors. With this agreement, Hani
Securities becomes the first Hong Kong brokerage firm to obtain
regulatory approval to offer local retail investors a direct-access
trading platform to trade U.S. equities.
Under the terms of the agreement, Hani Securities will act as the
introducing broker for Hong Kong-based clients wishing to invest in
U.S. equities, who will open accounts directly with U.S.-registered
broker dealer Global-American Investments, Inc. ("GAI"), SE
Global's subsidiary. SE Global Trade(TM) is a sophisticated order
entry management program that routes customer trades through
GAI, a U.S. licensed securities broker-dealer.
"With the recent rebound of U.S. markets, many local investors are
eager to diversify and gain exposure to U.S. markets," said
Anthony Yeung, Director of Hani Securities. "With its advanced
features, the SE Global Trade(TM) platform represents a superior
trading solution for our Hong Kong-based clients and provides Hani
Securities with a competitive advantage in the local market.
Streaming Level II quotes, technical analysis tools and rapid
executions give Hong Kong investors the advantage of tracking and
trading U.S. equities in real time."
In preparation for the launch of SE Global Trade(TM), Hani
Securities is planning a comprehensive marketing campaign in the
Hong Kong investment community. Included in the campaign will be
a new website under the Hani Securities brand, a mass email
campaign, Internet marketing and a press campaign targeted at
local media. Additionally, Hani Securities will deliver marketing
seminars and offer live trading at its office in Hong Kong during U.S.
market hours.
"Establishing this relationship with Hani Securities at this time
demonstrates to us continued interest within Asia for greater
access to U.S. stock markets," said Toby Chu, president and CEO
of SE Global. "Hani Securities is a distinguished brokerage firm
whose substantial retail client base will now have direct access to
U.S equities, futures and options - unprecedented in the Hong Kong
retail market. To SE Global, this agreement strengthens our
presence in the Asia region, which is projected to experience a
39% compound annual growth rate in online trading accounts
through 2005."(x)
(x) Source: According to an International Data Corporation (IDC)
research report released June 25, 2001, online trading accounts in
Asia/Pacific (excluding Japan) will enjoy strong growth over the next
five years. The total number of online trading accounts in
Asia/Pacific (excluding Japan) is forecast to increase from 8 million
in 2000 to over 42 million in 2005 at a 39% compound annual
growth rate.
About Hani Securities
Hani Securities is a Hong Kong registered securities broker and
dealer for stocks and shares. A member of the Stock Exchange of
Hong Kong, Hani Securities is also a corporate participant of the
Hong Kong Securities Clearing Company Limited where clients'
shares are cleared and held for safe custody. Hani Securities
serves both corporate and retail clients and is a corporate member
of the Hong Kong Securities Institute. Additional information about
Hani Securities is available at their website www.haninet.com.
About SE Global Equities Corp
SE Global Equities Corp. is a provider of technology and financial
resources for international investors. SE Global provides
direct-access trading software and market data through a formal
licensing and worldwide distribution agreement with Direct Access
Financial Corporation.
SE Global is not a securities dealer in its own right and has not
sought such registration. All trade execution and support services
are provided by the individual alliance broker in compliance with
local regulatory requirements. Global-American Investments, Inc., a
subsidiary of SE Global Equities Corp., is a U.S. licensed
securities broker-dealer. Not all securities, products or services
described are available in all countries, and nothing herein is an
offer or solicitation of securities products and services in any
jurisdiction where their offer or sale is not qualified or exempt from
registration.
For more information visit the company's website
www.SEGlobal.com.
On Behalf of the Board of Directors
of SE Global Equities Corp.
"Toby Chu"
Toby Chu
President & C.E.O.
Investor Relations Contact: Mr. Quentin Mai (x)
N. America Toll Free: 1-888-865-0901 Ext.312
Email: investor@SEGlobal.com
Legal Notice Regarding Forward-Looking Statements
Statements in this press release which are not purely historical are
forward-looking statements, including any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Forward-looking statements in this release include but are not
limited to: Hani Securities' plan to undertake the comprehensive
marketing campaign described; SE Global's interpretation that
establishing its relationship with Hani Securities represents
continued interest within Asia for greater access to U.S. stock
markets; and the third party projection that the growth rate in online
trading accounts in the Asia region is expected to increase by a
compounded annual rate of 39% through 2005. Such
forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the
future and accordingly, such results may differ materially from those
expressed in any forward-looking statements made by or on behalf
of SE Global Equities Corp. Factors that could cause actual results
to differ materially include but are not limited to risks and
uncertainties such as continued and expanded use of the Internet
as a basis for commerce and communication, continued interest
within Asia for access to U.S. stock markets and the
implementation and effectiveness of the marketing campaign
planned by Hani Securities.
Although SE Global believes that the beliefs, plans, expectations
and intentions contained in this press release are reasonable, there
can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Readers should refer to the risk
disclosures outlined in the Company's quarterly report on Form
10-QSB for the quarter ended September 30, 2001, filed with the
Securities and Exchange Commission.
SOURCE SE Global Equities Corp.
CONTACT: Investor Relations Contact: Mr. Quentin Mai, N.
America Toll
Free: 1-888-865-0901 Ext.312, Email: investor@SEGlobal.com
(SEGB)
http://www.prnewswire.com
Copyright (C) 2002 PR Newswire. All rights reserved. '
... end quote ... finally a presence in Hong Kong for the direct access ... and it looks all set up - http://www.haninet.com/
... click on 'U.S. Securities' on the left
Fourteen per cent per month growth -
http://biz.yahoo.com/prnews/011212/va106_1.html
In the 3Q01s there were reported revenues of 197kUS, for the months of August and September [following the addition of GAI to segb's books as of 01 August] .... so total Aug-Nov inclusive is now 506kUS, that means October and November together were 309kUS ... a decent trend, eh ... i especially like this sentence - 'The company also reports that for the month of November, 75% of transactions originated from non-U.S. accounts.' ... it appears to mean that the growth is organic, coming from pre-GAI broker alliances, and not bought growth that came along with the GAI acquisition
If that is the case, and if it continues, it will be sign of vindication of TC's vision of the alliances being mutually and reciprocally symbiotic ..... also vindication of his overall philosophy - that of stimulating alliances through two-way you scratch my back and i'll scratch yours motivation - and of his practise of attracting quality people to the project ... and of his assessment of market potential ... well i don't think anybody ever doubted that demand would appear once efficient overseas trading was made possible
Yet nobody is watching this thing .... it didn't trade today, lol
There were 3Q01s posted a few days ago, available on edgar ... too early to tell much of SEG revenue/cash burn trends imho, i think the current quarter will be much more significant, then the next, 1Q02, even more so .... there was also a senior VP appointment to SE Global Capital, a Mr Hong Lip Yow, who was most recently with Marketrade - http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16709434
I check this thread every week or so, but am starting to wonder why -g- ... any lurkers out there?
Anybody know an outfit called WallStreetCorner? - http://www.wallstreetcorner.com/stockpick.html
There's a reference to it here - http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16541607
As a relative neophyte in current otc-bb circles i don't have the background to judge credibility here ... would this publication come under 'legitimate newsletter' or 'tout sheet' categories, or some grey area between? ... this poster says the company did not pay for the write-up - http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=16542475
Can't deny i'm a little nervous of this otc-bb listing .... my previous experience in this world was before bb stocks were made to report .... wouldn't want to see this thing discredited by empty short-term hype ... the article is written in a reasonable and dispassionate tone of voice however, and on first glance the only mistake in it that jumps out is - '52-week range is 0.55 to 1.15.' ... i bought the shares i hold at 2.25 back in February [or March?] ... but that was before the ticker was changed from ftut.ob to segb.ob ... maybe since ticker change the high was 1.15, don't know for sure, but i kinda think it was a little higher ... doesn't matter a great deal since the thing has barely traded since the merger/listing ... [edit] - yahoo says high was 3.00 - http://ca.finance.yahoo.com/q?m=w&s=segb.ob&d=t
Speaking of ftut.ob - this was Future Technologies, the shell SEG reversed into to get on the otc-bb ... there should still be edgars on ftut available on a search using that name - http://www.sec.gov/cgi-bin/srch-edgar ... using SE Global brings up the recent ones, you have to scroll down past some Morgan Stanley stuff to get to it .... cheers
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