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EFUL 0.0011-0.0012 Announce a Stock Buy Back Program..
Tuesday, April 21 2009 8:01 AM, EST eFUEL EFN Corp. is Pleased to Announce a Stock Buy Back Program for eFUEL GlobeNewswire "GlobeNewswire "
TAMPA, Fla ., April 21, 2009 (GLOBE NEWSWIRE) -- eFUEL EFN, Corp. (Pink Sheets:EFUL) is pleased to announce that it has begun the initial phase of its stock buy back program. Shares purchased through this program will be retired and placed in treasury. As of this date, the company has started the process of purchasing eFUEL shares and anticipates a projected purchase of 50-100 million shares within the next several months. The company believes that eFUEL's stock is undervalued at the present levels, and would benefit greatly with the retirement of these shares.
Management notes that, "Since the completion of the dating site two weeks ago, eFUEL has done absolutely no advertising other than word of mouth. Still, the number of people viewing the sites has been extremely surprising. Management believes that the number of visitors and company profits will increase when eFUEL's national advertising campaign kicks off. In addition, eFUEL will be adding new features to their dating sites that are completely unique and are technically some of the most advanced in the industry, all designed to keep the site positioned on the competitive forefront, which management feels confident will result in dramatically increased traffic, usage and membership."
With the I-NEX Worldwide, Inc. Super 8(a) certification filed and expected to be granted, the revenue generating ability is potentially exponential in nature. Based upon the implementation of the company's strategy and approach to our products and services, eFUEL will continue to take an aggressive approach to support the continued growth of the company."
Within the next few weeks eFUEL EFN, Corp. expects to make a major media announcement. Reinforcing its commitment to develop a nationally recognizable brand name, as well as to greatly increase public awareness, eFUEL expects to appoint a national Director of Marketing. eFUEL has begun to implement this strategy and is in negotiations with a major Media Advertiser to gain national exposure to promote its websites and services.
About eFUEL EFN, Corp.:
eFUEL EFN, Corp. ("eFUEL") is a publicly traded company listed on OTC under the symbol EFUL. eFUEL is an internet services company offering a wide variety of products including but not limited to background screening and verification sites, including www.ValiMate.com, www.VeritasID.com, and www.FastandEasyID.com, and also www.VerifiAmerica.com, on-line dating sites www.outRAGEousEncounters.com and www.PositiveLove.com, and recently launched a new service called Easy ID, the fastest, easiest ID verification available on the Internet. This product will be offered to all new members who purchase any www.eFUELstore.com service. Simply enter a person's full name and birthday and the background information will be provided. This service is also available at the company's main site www.eFUELstore.com or www.ValiMate.com.
For additional Product information, go to our corporate site at www.eFUELcorp.com
Safe Harbor Statement:
Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
CONTACT: eFUEL EFN, Corp. Investor Relations: 732-713-6883 IR@efuelcorp.com
ASYT Going green in PM >> Asyst intends to pursue a sale of the company or sales of some assets, in order to maximize shareholder value, the company stated Monday.
Tuesday, April 21 2009 8:20 AM, EST Asyst planning Chapter 11 filing [Contra Costa Times, Walnut Creek, Calif.] Knight Ridder/Tribune "Business News "
Apr. 21 --Confronted by a loan default, and battered by a devastating tech downturn, Asyst Technologies Inc. has chosen a Chapter 11 bankruptcy filing as a way to reorganize its slumping finances, the company announced Monday.
Fremont-based Asyst Technologies noted that demand for its products has "declined dramatically" due to the recession. The company said Monday that it has decided to file for bankruptcy, but would continue to operate normally during the court proceeding.
The company, which makes equipment to manufacture semiconductors, also said Monday it has been reducing expenses to lower the revenue level that it requires to break even.
Job cuts are among those expense reductions. The company in recent months decided to eliminate 85 jobs, according to official filings with state and regional employment agencies. Asyst also says it has reduced benefits, cut salaries of executives and obliged employees to take time off.
Asyst intends to pursue a sale of the company or sales of some assets, in order to maximize shareholder value, the company stated Monday.
"This has been the worst downturn the semiconductor industry has ever been through," said Tim Bajarin, analyst with Campbell-based Creative Strategies, a Silicon Valley market researcher. "The semiconductor equipment industry is weak across the board."
During the one-year period that ended in December, Asyst lost $131 million and generated sales of $373 million . During the
same four quarters the year before, Asyst earned $3 million . Revenues fell 24 percent.
Asyst had current assets of $219.4 million and current liabilities of $315.4 million as of Dec. 31, 2008 , according to a company regulatory filing on Feb. 6 .
The company also had $76.6 million in cash and equivalents at year's end, the filing shows.
Executives with Asyst didn't immediately return phone calls Monday.
Asyst lately has wrestled with delays in customer projects and related cash collections, and is facing higher financing costs because of a default on its loan with KeyBank National Association .
Fremont-based Asyst Technologies Inc. has received a notice of default on a $76.5 million loan from KeyBank National Association . The letter claims that Asyst failed to pay interest and fees due March 31 .
The failure to pay on time triggers an increase in the loan's interest rate, which will increase to 9 percent, up from 7 percent, Asyst, a semiconductor equipment maker, said. Interest payments will increase by $740,000 over the next six months.
The outstanding principal balance on the loans is $76.5 million , according to a regulator filing on April 13 .
As tough as things are for the semiconductor equipment industry right now, Bajarin and other industry insiders believe the struggling sector is near its trough.
"The bottom line is the semiconductor industry isn't going away," Bajarin said. "The industry will come out of this stronger than ever. There may be fewer players, but it will be stronger."
Reach George Avalos at 925-977-8477 or gavalos@bayareanewsgroup.com.
To see more of the Contra Costa Times, or to subscribe to the newspaper, go to http://www.contracostatimes.com/.
Copyright (c) 2009, Contra Costa Times, Walnut Creek, Calif.
Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc. , 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
Ola , TRXX nice1
Hey Carlito!!
TRXX = weeeeeeeeeeeeeeeeeeeeeeeee
CCTYQ watching, might jump in :))
FVRL GREAT NEWS Robert lorsch just continues to impress
AWESOME NEWS! need to post it on the ibox
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_F/threadview?m=tm&bn=22555&tid=6971&mid=6971&tof=1&frt=2
The Etrade show is a daily event and the tickets to the show are still cheap based on future earnings. $2.35++
NVSR has been beaten into the earth by our friendly mm's but that too may change for the better.
Enjoy!
mb
Stock On Watch: PNBK (Pincher Play)
D.
Scan: Bear Bottom ($1.00-5.00) - 17 APR 09 (EOW):
AMKR Amkor Technology, Inc. NASD 3.940 4.170 3.820 4.120 2199067
AWRE Aware, Inc. NASD 2.310 2.360 2.260 2.350 52368
AXPW Axion Power Intl., Inc. NASD 2.100 2.100 1.710 1.710 99244
BAMM Books-A-Million, Inc. NASD 4.760 5.000 4.760 4.950 57575
CBAK China BAK Battery, Inc. NASD 2.220 2.400 2.160 2.330 849112
CHYR Chyron Corp. NASD 1.630 1.690 1.560 1.600 18185
ECGI Envoy Communications Group, Inc. NASD 1.290 1.440 1.290 1.440 498097
GGOX GigOptix, Inc. NASD 1.950 2.200 1.950 2.200 11616
NOVB North Valley Bancorp NASD 4.740 4.780 4.740 4.780 900
OCNF OceanFreight Inc. NASD 1.520 1.670 1.500 1.600 5017857
ORBK Orbotech Ltd. NASD 4.710 4.870 4.520 4.570 53468
PNBK Patriot National Bancorp, Inc. NASD 3.000 3.410 2.990 3.399 19100
TONE TierOne Corp. NASD 2.210 2.490 2.150 2.490 92833
USAT USA Technologies, Inc. NASD 2.130 2.340 2.110 2.160 26090
Count: 14
D.
immu is the stock
golden cross too 50 dma and 200 dma cross
http://stockcharts.com/h-sc/ui
within 60 days possible double
Big cancer conference end of may
http://investorshub.advfn.com/boards/board.aspx?board_id=10373
srsr possible breakout from that .02 base
HERO 2.86 now
TELK is my next pick .63
.79 bcon just before open YIPPPIEE!!!!!!!
Seems the buys are pushing it upwards
bcon only at .70 in premarket DARN I lost
HTMXQ (.037): Up 45% today...Perfect storm forming.
**BIG win this week in BK court.
http://www.suntimes.com/business/1529904,CST-FIN-HICKEY16web.article
April 16, 2009
BY SANDRA GUY sguy@suntimes.com
Hickey-Freeman Co., a subsidiary of Chicago-based menswear maker Hartmarx Corp., won a court ruling Wednesday that allows it to keep its license agreement for tailored suiting with Burberry Ltd.
Burberry, a London-based high-end clothier, had asked the U.S. Bankruptcy Court for the Northern District of Illinois to terminate its license because Hartmarx might be sold to a new owner.
Judge Bruce W. Black denied Burberry's request.
Hartmarx, a 125-year-old Chicago maker of Hart Schaffner Marx men's suits, filed for bankruptcy protection Jan. 23 after banks cut its U.S. credit lines. CEO Homi Patel has said he hopes to find a buyer who will keep the financially ailing company intact.
**KEIP deal will reward key insiders nicely if sale is completed by June 30th.
Posted by: aries4747 Date: Tuesday, April 07, 2009 11:45:37 AM
In reply to: None Post # of 365 [Send a link via email]
Hartmarx KEIP Approval Sought
The Bankruptcydata site today mentions the Court filing I highlighted last night.
http://www.bankruptcydata.com/
Business Bankruptcy Headlines for 04/07/09
Hartmarx filed a motion with the U.S. Bankruptcy Court for an order under 11 U.S.C. 105 and 363 and Bankruptcy Rules 6004 and 9014 authorizing the Debtors to implement a key employee incentive plan. According to the motion, “The KEIP establishes a target award for each of 31 Key Employees….These 31 employees were selected from approximately 2,650 total employees because they are vital to the Debtors’ continuing operations, restructuring process, and are likely to be considered vital to post-emergence operations. When selecting the Key Employees, the Debtors focused on which people are most critical to specific restructuring activities. Accordingly, the Key Employees are primarily managers in support positions, because the majority of the demands of the restructuring process are corporate, strategic and analytical in nature. Operations and sales employees remain generally focused on their operational duties, and the primary burden of the restructuring process falls on support and managerial departments, which are undertaking restructuring efforts in addition to their normal administrative tasks. Through this selection analysis, the Debtors have identified the Key Employees as the 31 individuals who are critical to the Company’s value maximizing strategies. The amount that any Key Employee ultimately receives will be an adjustment of his or her target award. The adjusted award amount distributed under the KEIP is a function of the timing and value of an Asset Sale or, if no Asset Sale, then the timing of the effective date of a non-liquidating plan of reorganization. The sum of each of the 31 individual target awards is $1,030,000.00….Depending on these factors, the adjusted award ranges from $206,000.00 to $1,545,000.00 in the aggregate. Specifically, in the event of an Asset Sale, the Target Award will be reduced by 50% if such a sale is not consummated by June 30, 2009. Likewise, if the Debtors emerge through a standalone plan of reorganization, the Target Award will be reduced by 50% if such a plan is not confirmed before September 30, 2009.”
** HTMXQ CEO selling of shares caused the pps to fall since April 1.
202,500 shares so far this week.
http://www.sec.gov/Archives/edgar/data/723371/000123287409000008/xslF345X03/edgar.xml
He's now holding 388,529 open market shares and 137,086 401K shares.
**Potential buyers are circling
Posted by: aries4747 Date: Saturday, March 07, 2009 4:49:14 PM
In reply to: None Post # of 365 [Send a link via email]
10 entities make offers, 3 would keep company intact.
Took a trip to my local library and read the Womens Wear Daily article entitled "HARTMARX SEEKS TO BE SOLD INTACT." Since the article is copyrighted AND subscription only, I can only quote small parts.
According to WWD:
"Sources at the troubled company, which filed for Chapter 11 bankruptcy protection on Jan. 23, said offers from more than 10 entities, including both private equity concerns and strategic buyers, were submitted by last week's deadline."
Now that the deadline has passed for buyers to enter bids, stage two of the sale process begins with Hartmarx meeting with potential buyers. WWD says that process began as early as March 5.
"Hartmarx did not release the names of potential buyers, but market sources indicate IAG, the apparel company led by Spencer Hays, is among the bidders, as is a Chicago-based venture capital group led by men's wear designer Joseph Abboud. Both declined to comment on their interest in the company."
"Last month, private equity firm Carlyle Group sought the bankruptcy court's permission to be put on the service list of all documents in the Hartmarx bankruptcy, a request that was approved on Feb 12. Why it would want all court documents remeains unclear. Calls to the firm weren't returned," says WWD
MMDA COUNTDOWN...love this board..Here is some early news on a done deal in DC:
Mega Media Group, Inc. (OTCBB: MMDA) (www.megamediagroup.com) announced that it has signed a multi-year air lease agreement for the WDCN-LP 87.7 frequency with Signal Above, LLC. Under the terms of the agreement, revenue will be shared between the parties with certain minimum lease fees paid by Mega Media Group, Inc. Pulse87 will start broadcasting on WDCN during the 2nd quarter of 2009 to the Washington, D.C. market.
IMO tomorrow will be a crazy day to buy!!!!!!!!!!1
ebof 0005x0006. could test 0015 if 0008 falls
Have alot in fvrl which was down today but that one has been very good to me
started at .12 in feb this year hit .294 a few weeks ago
More on BCON
Wait until we settle on this run. A multi-million dollar grant + DOE LG, and $10 is not out of the question.
$5+ is a given.
WANNA BET?
"Vice President Biden is in Jefferson City at this hour, unveiling the Obama administration's plans for a new national electricity distribution grid. Biden says the administration will be distributing "Smart Grid Technology Development Grants" totaling 3.3-billion dollars to development smart grid technology. Another 615-million dollars will be spent for smart grid storage, monitoring, and technology viability--the phrases used by the White House. Biden says the strategy will develop the system to take advantage of all forms of renewable resources in all parts of the country. Earlier today, Biden was at Whiteman Air Force Base where he met with members of the military and their families to thank them for their service and commitment." source: missourinet dot com
Hey buddy,I hope your day was GREEN :)
BCON Ha ha That is a good idea 1 lb of coffee by ups and or fed ex
BCON ,Interesting !Will send you 1 pound of coffee by Ups/Fedex lol
If bcon hits 1.00 tomorrow morning do I get a free cup of coffee from the moderator here
I am in the nyc area
bcon BUY THE CRAP OUT OF IT NOW!!! in AH before 8pm
OBAMA grant money coming
Yup! It's 0.0450- 0.05 now
Nice alert 'stephen1225' HERO 2.49 - 2.50 now :)
I like the looks of VTSI
CNIC 0.16 Copernic Inc. Receives NASDAQ Extension of its Compliance Period
Thursday, April 16 2009 1:00 PM, EST Market Wire "US Press Releases "
QUEBEC CITY, CANADA -- (MARKET WIRE) -- 04/16/09 -- Copernic Inc. , (the "Company"), (NASDAQ: CNIC), a leading software development company specializing in internet, desktop and mobile search products, announced that it received a NASDAQ Notice issued on March 18th, 2009 , indicating that the Company has received an extension to comply with the minimum bid price requirement for continued listing.
The NASDAQ Notice discussed a proposed rule change to extend until July 19, 2009 , the temporary suspension of the continued listing requirements related to bid price and market value of publicly held shares for listing on the NASDAQ Stock Market.
Since Copernic had 59 calendar days remaining in its compliance period, it will, upon reinstatement of the rules, still have this number of days, or until September 18th, 2009 to regain compliance. The company can regain compliance, either during the suspension or during the compliance period resuming after the suspension, by achieving a $1 closing bid price for a minimum of 10 consecutive trading days.
Jean-Roch Fournier, Chief Financial Officer of Copernic Inc. stated "that he welcomed this moratorium which allows management to continue focussing on value creation activities for the benefit of its shareholders."
About Copernic Inc.
Copernic Inc. specializes in developing, marketing and selling cutting-edge search technology, providing innovative home and business software products and solutions for desktop, web and mobile users, through its online properties, including www.mamma.com and www.copernic.com.
With its award winning Copernic Desktop Search® software search engine product, the Company brings the power of a sophisticated, yet easy-to-use search engine to the user's PC. Additionally, Copernic Inc. provides both online advertising as well as pure content to its vast array of partnerships worldwide through its well established media placement channels. Copernic handles over one billion search requests per month and has media placement partnerships established not only in North America , but also in Europe and Australia .
More information can be found at www.copernic-inc.com.
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that can cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission and the Ontario Securities Commission . The Company expressly disclaims and intent or obligation to update any description of the scope, focus or subject matter of the statements in this press release.
Contacts: Copernic Inc. Marc Ferland President and Chief Executive Officer 418-527-0528 / Toll Free: 877-289-4682 #139 mferland@copernic.com www.copernic-inc.com
VTSI 0.04 Record 2008 Profits for VirTra and More Sales
Thursday, April 16 2009 12:56 PM, EST Market Wire "US Press Releases "
TEMPE, AZ -- (MARKET WIRE) -- 04/16/09 -- Not every company is suffering in the current economy, in fact, one niche public company is making record profits. Bob Ferris, VirTra Systems' CEO and president (PINKSHEETS: VTSI), today announced not only VirTra's record setting 2008 financials, but also the company's recent sales.
For the fourth quarter 2008, VirTra posted $712,617 in total revenue as compared with $417,572 for the same quarter in 2007. The company had a net profit from operations of $224,730 in fourth quarter 2008 as compared with a loss of $134,590 in fourth quarter 2007.
For the year, the results were equally impressive. VirTra's annual gross revenue grew by 29.5%. VirTra's net profit from operations was $513,377 for 2008 as compared with a loss of $595,434 a year earlier.
VirTra's corporate liabilities were radically reduced by over 50% from $4.61 million to $2.13 million in 2008, while increasing assets from $624k to $7.5 million for the year ending 2008 (includes intellectual property asset of $6.6 million ). VirTra now has positive shareholder equity of $5.36 million .
The link for the full 2008 annual report is: http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20231.
Beyond the exceptional financial news, VirTra also announced the sale of three more of their best-in-class firearms training systems this week.
Internationally, an IVR-300(TM) HD was sold to law enforcement officials in Cancun, Mexico , while two simulators were sold stateside; an IVR-180(TM) HD was sold to a police department in New York and an IVR-100(TM) HD was sold in Indiana .
Bob Ferris, CEO and president of VirTra, said, "The employees of VirTra produced awe-inspiring results, which clearly show up in the financial report. The fact that we are announcing three more simulator sales on top of extraordinary financial results speaks volumes about this company and our future, even in the current economy."
About VirTra Systems
The company produces the best-in-class href="http://www.virtrasystems.com/">firearms training simulators for both law enforcement and military customers throughout the world. VirTra is the higher standard in simulation: from exceptional customer service to unparalleled technology like 360 degree HD training platforms and the Threat-Fire(TM) safe return fire system (patent pending). When training realism matters, military and law enforcement professionals consistently select VirTra's simulators to help save lives. www.virtra.com.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Jed Wallace Street Relations, Inc. (310) 403-0559 jed@streetrelations.com
IN HRNF @ 0.0011 FWIW ,Now 0.0012 - 0.0013 >>
Thursday, April 16 2009 9:18 AM, EST Heathrow Natural Food & Beverage, Inc. to Initiate Stock Re-Purchase Plan Market Wire "US Press Releases "
LAKE MARY, FL -- (MARKET WIRE) -- 04/16/09 -- Heathrow Natural Food & Beverage, Inc. (PINKSHEETS: HRNF) is pleased to announce that it will begin the previously announced common stock re-purchase program effective Monday, April 20, 2009 . HNFB plans to purchase up to 350 million shares over the next several months, reducing the outstanding float to approximately 75 million. Shares will be purchased on the open market consistent with the SEC guidelines set for stock re-purchase plans. HNFB may seek the assistance of a third party to affect the plan.
"We are pleased to contribute up to thirty percent of future revenues to re-purchase our common stock which we feel is very undervalued. With no debt and very obtainable revenue milestones, HNFB is very well positioned in the $100 Billion Dollar Wellness Industry," said Michael Pagnano, CEO Heathrow Natural Food & Beverage, Inc
About Heathrow Natural Food & Beverage, Inc. : www.incredibledrink.com
Heathrow Natural Food & Beverage, Inc. , is a national distributor of natural food products such as Exfuze, a very popular botanical nutritional beverage and the Heathrow Natural line of Super Food Products. HNFB is based in Florida and generates revenue through online and call center sales as well as over 138 distributors nationwide. HNFB also owns WGL Entertainment , the producer of the WGL Million Dollar Shootout reality television series.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact: Heathrow Natural Food & Beverage, Inc. 1-866-754-1115
Very nice UP 11%
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