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The SMAR CPU is cybernetic organism T-1000
News, in case anyone was interested...
Systems America Entered Into Negotiations of Terms for Acquiring SAP and Oracle Services Companies
CAMPBELL, Calif., July 13, 2010 /PRNewswire via COMTEX/ -- Systems America, Inc. (Pink Sheets: SMAR) announced that the company has been reviewing acquiring several companies that would extend the company's service offering in United States, South America, and India. Most recently, the company has screened and discussed acquisition with more than 11 different businesses with range of revenues from $12 million to $110 million.
The company has signed non-binding terms with one acquisition target SAP service company with revenues of over $30 million for the year ended December 31, 2009. In addition, the company is negotiating terms with another acquisition target Oracle Services Company with revenues of over $22 million for the year ended December 31, 2009. The company expects to close a few of these acquisitions with cash and equity in Systems America. The company has also engaged Vanguard Management Corp., a division of Vanguard Minerals Corporation (OTC Bulletin Board: VNGM), for help in advising on potential acquisitions targets as well as International expansion. The company expects to grow and consolidate significantly its revenues and earnings in next twelve months.
Adesh Tyagi, Chairman and CEO of Systems America states, "Over the past few months, we have met with a number of exciting companies that would add lot of value in our service offering and extend our global reach. We believe that the 2nd half of 2010 will give us a number of opportunities to close on a few acquisitions globally and offer integrated products and services to our clients."
About Systems America
Systems America is a premier provider of diversified business process and information technology outsourcing solutions to commercial and government clients worldwide. We are ranked one of the fastest growing companies with multiple locations around the world. It began when a group of extraordinary operations and information technology professionals formed a company dedicated to fulfilling client needs. From a single financial industry client, Systems America expanded into the energy, financial, government, healthcare, retail, and travel industries. Today, Systems America delivers superior business process outsourcing, information technology outsourcing, and systems and integration services to hundreds of clients worldwide. Building on a core competency of efficient technology infrastructure outsourcing, the company, headquartered in Campbell, California, United States now supports operations in nearly 20 countries. For additional information about Systems America, please visit www.systemsamerica.com.
hmmmm....
finding more info recently, seems like this company has its financial startups in order...
http://www.otcmarkets.com/stock/SMAR/financials
INTERESTING...
after being so pissed off with this shit company i decided to dig deep and see what I can find. Your post was a great starting point...
looks like this MAY be the beginning of a used to be-private company going public...
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4596117
there was an interesting pr attached to the pinksheets profile
it would seem we had news on July2nd http://www.otcmarkets.com/stock/SMAR/news
Adesh Tyagi serves as President of Systems America, Inc. and has been with it since 1994. Adesh Tyagi worked at D & G International, St Louis, Mo., from 1991 to 1994.
http://investing.businessweek.com/research/stocks/private/person.asp?personId=5998210&privcapId=4596117&previousCapId=4596117&previousTitle=Systems%20America,%20Inc.
Digging still with spare time anyone else on this?
Does anyone know about this SMAR update. Is this a reverse merger.
http://www.otcmarkets.com/stock/SMAR/company-info
Systems America, Inc. has a new website
http://www.systemsamerica.com/
looked into this POS claim to be Systems America Inc. BULLSHIT!!! not even the same spelling.
LOST so much on this POS, this company doesnt even exsist.
this aint the same System America as we were dupped to believe!!
and when and where was there an General asembly that dicided the reverse split ?
Never head of it.
Wonder how they manage to get around that. But of couse that is spantel/systems amerika as usual.
Any way by making a direkted emission at a lover and fake shareprice will cause the spantel mafia to get the total share majority to recall by force the remining outstanding shares. Then they have all of the company them selves, and then they can start puplicing the financial numbers again to pump the shareprices before dumping it all.
Dont be surprices of what these (beep) will do to get other peoples money into their own pockets.
I checked this last week after the name change and it was $4.50 as share as SMAR after the 500-1 reverse split so HOW is it back down to .009 now??!??
Im new here, but felt nessesary to post a reply on this company.
From what I have read it looks like non of you are aware of the past history of Spantel. The whole thing was a fraud from the start, some smart guys sat i Spain a sold shares from socalled boilerroom without the nessesary rights to do so. They did this before and after Spantel with a lot of different homemade companies. From what I know Spantel was the only one to ever make it to the stockmarket after the reversetakeover of receptagen.
Few years ago there was serius rumers that the people behind this fraud was jailed or arrested in Germany. Now the same people are listed on thee papers that changed the comp. name etc. They are most likely out of jail again and changing name in order to get a fresh record.
The only logical reason for the reverse split of a share with suchs small numbers anyway are that they are preparing a emission that will transfer more money from shareholders to the gang behind this skandal.
If they try to get money again the only advice is to run away as fast as you can and dont look back.
The gang keeps calling with all kinds of offers and use several fake names in order to hide their thru origin.
By the way have any of you seen any result numbers og figures for the last years of spantel ?
The last awailable results are from 2006 ?
I only know once where a reverse split worked that was price line what happens is no wants to pay $4.50 not enough reward but a penny stock at 1 cent could very easy go to 10 cents I got screwed on hygn went from $5.00 on R/S to under a penny inless than a month 99% DECLINE I hope this does not happen again but I do not have high hopes
Is SMAR even open for trading?? I saw no volume and no bid and ask yet a price of $4.50 showed up.
Since the valuation is kept the same but only the price per share goes WAY up then WHY is a reverse split considered so bad??
If anything investors should LOVE the fact that a stock is in the dollars as opposed to low pennies that so many investors stay away from!
SPAL 1-500 R/S
- Spantel Communications, Inc. (FL) Common Stock
http://www.otcbb.com/asp/dividend.asp?sym_id=SPAL&dDate=5/27/2010&sDateType=ex_date
Declaration Date:
-- Ex Date:
5/27/2010 Record Date:
-- Payment Date:
--
Dividend Type:
Reverse Split Dividend Amount:
1-500 R/S
Notes:
New Name: Systems America, Inc.; New Symbol: SMAR
It's just matter of time till it moves.
SPAL with the low share count, this stock should be valued in the pennies just as a shell. The stock has just been reinstated and a new name has been issued meaning this shell is getting some value back into it. That makes this a $.05-$.10 stock just on the merger with the new company. It could even head higher if this news hits the wires.
http://pennystockgurus.blogspot.com/2010/05/stocks-to-research-this-weekend-rnwf.html
Looks like this is going to Move quickly again.
I agree with Guru statement this has been waiting to hit 0.05-0.10.
Friday's stocks to watch.......
SPAL this reverse merger play looks poised to break higher. With the merger news we've been waiting for this is a $.05-$.10 stock.
http://pennystockgurus.blogspot.com/2010/05/friday-stocks-to-watch-idcn-cphg-rnwf.html
SPAL I think we will see a test of the $.075 high at some point. Considering this stock is trading off that number, I think a 300%+ gain could be had form today's closing price.
http://pennystockgurus.blogspot.com/2010/05/wednesday-stocks-to-watch-nwtt-cphg.html
I agree, and that's what I like about it.
The beauty here is that it moves with very little volume, as soon as interest comes back here it goes again!
I'm accumulating for a re-test of the high...
SPAL hit a high of $.038 today before pulling back a little. I think the recent high of $.075 is within reach. With the low share structure and looming merger, this stock is a bargain at these prices.
http://pennystockgurus.blogspot.com/2010/05/tuesday-stocks-to-watch-spal-katx-sswc.html
Let's get this thing moving!
Tuesday Stocks To Watch - SPAL
SPAL hit a high of $.038 today before pulling back a little. I think the recent high of $.075 is within reach. With the low share structure and looming merger, this stock is a bargain at these prices.
http://pennystockgurus.blogspot.com/
value at $.01 - $.02 just as a shell, a merger will boost it imo.....
4
was rocking ~ settled EOD ~
looking sweet & green $$$$$$$!
.03 x .038!!!
ASK moved to .025. Wow
Started flying...
Bid moved from .0125 to .0135
I think this will fly wit little buying pressure.
right hunggar we sould go 5x from here imo.....
Anything under 0.02 is a gift going forward!
The Guru's Stocks To Watch This Week -
SPAL name change indicates a merger is imminent, the stock has a very low share count. The stock has pulled back from its $.07+ high, and at current prices offers a great opportunity to get in before the news. SPAL should be valued at $.01 - $.02 just as a shell, a merger would add significant value.
http://pennystockgurus.blogspot.com/2010/05/gurus-stocks-to-watch-this-week-spal.html
well stated bdez!!! some poeple cant grasp simple concepts.
no doubt!! a little breathe of air b4 the next big move!
lookin good Qlogic!! this isnt ur typical stock bro.
no pump needed, this is a r/m play. should go up from here imo.
That's excellent my friend!
Let's get this thing moving this week!
It moves on air with the slightest pressure, let's try to revisit the high, lots of % gain from here!
GLTA
stocks to research this weekend.....
SPAL is an attractive buy at these levels. With the recent changes at the Secretary of State as well as the low share count, this stock should and likely will be trading much higher short term.
http://pennystockgurus.blogspot.com/2010/05/stocks-to-research-this-weekend-hmit.html
same here Scottraid stinks that's why i started a Zecco account.
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