Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah, same here. Keeping it on watch. If volume picks up I'll probably try again.
Well. not able to get any filled. I will just pass it
I got 8K back in Nov and Dec. Yeah, there was more volume back then. One of these days I think it will break out...
how many did you get ? there was quite some volume back in Dec
Yeah, MMs have a pretty tight hold on this.
bid sit doesn't work
Nice to see Bid support moving up.
0.12 x 0.16 BIDS YO
went through their website and balance sheet quickly, everything looks good. will keep this one on watch
Good plan. I think patience will eventually pay off.
I am trying to pick up some starter here. better let it sit here for some more time
Just needs more volume. Hardly any today...
that's a nice catch. float around 3M
Today's OTCQB Certification shows 78% of OS shares held by Officers, Directors and Control
Persons. Talk about a low float!
http://www.otcmarkets.com/financialReportViewer?symbol=TSSI&id=152263
A move to .3 or higher would not surprise me.
TSSI just read filings. things are solid; Private investors bought @0.3 per share
The aggregate purchase price of the 2,168,789 shares of common stock owned by SEP IRA F/B/O Norman H. Pessin is approximately $750,798 including brokerage commissions. The shares of common stock owned by SEP IRA F/B/O Norman H. Pessin were acquired with personal funds. The aggregate purchase price of the 552,400 shares of common stock owned by Brian Pessin is approximately $115,010, including brokerage commissions. The shares of common stock owned by Brian Pessin were acquired with personal funds.
Nice Report out. Some highlights below.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11289788
TSS, Inc. To Report Fourth Quarter And 2015 Results On Wednesday, March 30, 2016
inshttp://www.otcmarkets.com/stock/TSSI/news/TSS--Inc--To-Report-Fourth-Quarter-And-2015-Results-On-Wednesday--March-30--2016?id=128083
Bid support is inching up. Hoping for some action soon.
Audited financials and conference call coming around the end of March. Here are some highlights from their preliminary estimates. Hoping for some volume and good price movement as we approach the reports.
TSSI has been quiet, but end of March could be good when they share they audited results. In a holding pattern for now it seems...
"As we anticipated, our expected fourth quarter results showed improvements in revenue and a return to positive adjusted EBITDA. While not finalized, we feel these expected results are indicative of the positive trends occurring within our business," said Anthony Angelini, President and Chief Executive Officer of TSS. "Due to the time necessary to complete our year-end financial closing procedures, we are providing preliminary results to investors. We plan to hold our regular conference call near the end of March when we will share our audited 2015 results."
ihttp://www.prnewswire.com/news-releases/tss-provides-preliminary-fourth-quarter-and-2015-results-300218680.html
Nice 8-K today...
Fourth Quarter Highlights:
- Fourth quarter 2015 revenue of approximately $10 million compared with $8.4 million in the fourth quarter of 2014 and $6.3 million in the third quarter of 2015.
- Gross margin of approximately 25% in the fourth quarter of 2015 compared with 31% in the fourth quarter of 2014.
- Reduced operating expenses by 10% compared to the fourth quarter of 2014.
- Adjusted EBITDA income of approximately $400,000 compared with Adjusted EBITDA income of $201,000 in the fourth quarter of 2014 and an Adjusted EBITDA loss of $93,000 in the third quarter of 2015.
Fiscal Year Highlights:
- 2015 revenue of approximately $29 million compared to $28 million in 2014.
- Gross margin of 28% in 2015 and 31% in 2014.
- Reduced operating expenses by approximately 7% compared to 2014.
- Adjusted EBITDA loss of approximately $0.8 million compared to an Adjusted EBITDA loss of $1.5 million in 2014
8-K and Form-4 filed after hours today.
Highest daily volume in 3 months. Maybe news is coming soon.
Volume up recently. Hoping for a turnaround soon.
Share Structure:
Market Value1 $3,595,361 a/o Nov 04, 2015
Authorized Shares 100,000,000 a/o Jan 21, 2015
Outstanding Shares 15,632,004 a/o Aug 15, 2015
Float 10,155,873 a/o Jan 21, 2015
Interesting action today. Down sharply on higher than normal volume. Bid support seems to be growing.
Hello TSSI. This showed up on my scans, but nobody has posted in quite a while. Anyone still watching or interested in TSSI?
TSSI Fortress America Acquisition Corp Woodward Peter H Buy 200,000 .40 80,000 17:46:57 2013-12-31
Fortress International Group, Inc. changed to TSS Inc.
http://www.otcbb.com/asp/dailylist_detail.asp?d=06/12/2013&mkt_ctg=NON-OTCBB
FIGI changed to TSSI:
http://www.otcbb.com/asp/dailylist_detail.asp?d=06/07/2013&mkt_ctg=OTCBB
News for 'FIGI' - (Fortress International Group Subsidiary Innovative Power Systems, Inc. Wins $7 Million Contract With WMATA)
COLUMBIA, Md., Jan. 30, 2013 /PRNewswire via COMTEX/ -- Fortress International
Group, Inc. (Other OTC: FIGI), a provider of consulting and engineering,
construction man agement and 24/7/365 site services for mission-critical
facilities, is pleased to announce today that its subsidiary, Innovative Power
Systems, Inc., will provide Critical Batteries and other services to WMATA -
Washington Metropolitan Area Transit Authority. Services are to include delivery
components, storage, and charging of critical batteries. The contract will
extend over a five-year period, with the majority of the revenue expected to be
realized during the first half of 2013.
Anthony Angelini, Fortress CEO, stated, "We are pleased with this contract that
Innovative was able to secure with WMATA. The batteries are part of the mission
critical infrastructure of the Washington metropolitan transit system and
further represent the trust that major organizations are provided every day from
Fortress and our subsidiaries."
About Innovative Power Systems, a subsidiary of Fortress International
GroupInnovative Power Systems, Inc. is a preferred provider of turn-key
installation services for Critical Power and Cooling. With DoD cleared personnel
that include licensed electrical, HVAC/mechanical, and factory certified
technicians, we obtain the highest level of customer satisfaction. We provide
single source project coordination and management services for installation and
life cycle maintenance of Critical Infrastructure power and cooling systems. Our
team has over 80 years of combined experience with UPS, Generator, Critical
Power & Cooling Systems, and large-complex IT Projects for Public Sector and
Commercial clients. We have managed hundreds of installations throughout the
world. Other services include site planning and consultation, electrical
engineering, site surveys, equipment service (start-ups, emergency service,
preventive maintenance, and load bank tests), battery installation and testing,
generator installation, equipment deliveries and battery recyclin g/disposal.
Innovative Power Systems, Inc. (www.invpower.com) is a wholly owned subsidiary
of Fortress International Group, Inc. (www.thefigi.com) headquartered in
Columbia, Maryland.
About Fortress International Group, Inc.Fortress International Group, Inc. is
leading mission-critical facilities into a new era of maximum uptime and
efficiency. Fortress provides consulting and engineering, construction
management and 24/7/365 site services for the world's most technology dependent
organizations. Serving as a trusted advisor, Fortress delivers the strategic
guidance and pre-planning that makes every stage of the critical facility
lifecycle more efficient. For those who own, lease or manage mission-critical
facilities, Fortress provides innovative end-to-end capital management, energy,
IT strategy, procurement, design, construction, implementation and operations
solutions that optimize performance and reduce cost.
Fortress International Group, Inc. is headquartered in Maryland, with offices
throughout the U.S. For more information, visit: www.thefigi.com or call
888-321-4877.
Fortress International Group, Inc. -- setting a new standard for the optimized
critical facility.
Forward Looking Statements This press release may contain "forward-looking
statements" -- that is, statements related to future -- not past -- events,
plans, and prospects. In this context, forward-looking statements may address
matters such as our expected future business and financial performance, and
often contain words such as "guidance," "expects," "anticipates," "intends,"
"plans," "believes," "seeks," "should," or "will." Forward-looking statements by
their nature address matters that are, to different degrees, uncertain.
Particular uncertainties that could adversely or positively affect the Company's
future results include: the Company's reliance on a significant portion of its
revenues from a limited number of customers; risks relating to operating in a
highly competitive industry; actual or potential conflicts of interest between
the Company and members of the Company's senior management; risks relating to
rapid technological, structural, and competitive changes affecting the
industries the Company serves; the uncertainty as to whether the Company can
replace its backlog; risks involved in properly managing complex projects; risks
relating the possible cancellation of customer contracts on short notice; risks
relating our ability to continue to implement our strategy, including having
sufficient financial resources to carry out that strategy; risks relating to our
ability to meet all of the terms and conditions of our debt obligations;
uncertainty related to current economic conditions and the related impact on
demand for our services; and other risks and uncertainties disclosed in the
Company's filin gs with the Securities and Exchange Commission, including the
Annual Report on Form 10-K for the fiscal year ended December 31, 2011. These
uncertainties may cause the Company's actual future results to be materially
different than those expressed in the Company's forward-looking statements. The
Company does not undertake to update its forward-looking statements.
If you'd like more information regarding this topic, please contact Ms. Toi
Barnhardt at 410.423.7382 or email at tbarnhardt@thefigi.com.
SOURCE Fortress International Group, Inc.
www.prnewswire.com
Copyright (C) 2013 PR Newswire. All rights reserved
-0-
KEYWORD: New York
INDUSTRY KEYWORD: CST
HVA
& nbsp; CPR
OTC
SUBJECT CODE: CON
more action
volume ..target looks like .59..i'll bite
Revenue goes up with net and stock price coming down. What gives? Is this the right time to buy?
lol. I just found this company. I used to work for these people. haha that's funny. didn't know they went public
FIGI: .821-Pick um high, pick um low, this stock can be picked here slow!
News for 'FIGI' - (Fortress International Group, Inc. Reports Third Quarter 2011 Financial Results --Third Quarter Net Income of $0.1 Million and Adjusted EBITDA of $0.3 Million on $7.7 Million in Revenue --Backlog as of September 30, 2011 Totals $35.9 Million)
COLUMBIA, Md., Nov. 9, 2011 /PRNewswire via COMTEX/ -- Fortress International
Group, Inc. (Other OTC: FIGI) a provider of consulting and engineering,
construction management and 24/7/365 site services for mission-critical
facilities, today announced financial results for the third quarter ended
September 30, 2011.
Third Quarter 2011 Financial Highlights:
Revenue of $7.7 million, compared with $21.0 million in the third quarter of
2010.
Gross profit of $3.0 million, compared to $3.2 million in the third quarter of
2010.
Net income of $0.1 million, or $0.01 per basic and diluted share, compared with
$0.5 million, or $0.03 per basic and diluted share in the third quarter of 2010.
Adjusted EBITDA of $0.3 million, compared with adjusted EBITDA of $0.7 million
in the third quarter of 2010.
Backlog of $35.9 million at September 30, 2011.
Cash and cash equivalents totaling $7.5 million as of September 30, 2011.
Working capital of $8.4 million as of September 30, 2011.
Financial Highlights for the Nin e Months Ended September 30, 2011:
Revenue of $27.8 million, compared with $60.8 million in the nine months ended
September 30, 2010.
Gross profit of $11.0 million, compared with $8.9 million in the nine months
ended September 30, 2010.
Net income of $3.1 million, or $0.23 and $0.21 per basic and diluted share,
respectively, compared with $0.6 million, or $0.05 and $0.04 per basic and
diluted share, respectively, in the nine months ended September 30, 2010.
Adjusted EBITDA of $2.9 million, compared with adjusted EBITDA of $1.4 million
for the nine months ended September 30, 2010.
Commenting on the results, Chief Executive Officer Thomas P. Rosato stated, "Our
results for the third quarter were down from previous quarters, mainly due to
reduced volume from our Construction Management services and delayed project
starts. We did, however, maintain net income and positive adjusted EBITDA as a
result of our ongoing efforts to carefully manage expenses and our continued
focus on increasing recurring revenue opportunities. We are increasing the
quality of our revenue base by leveraging Fortress' industry-leading facility
management and technology consulting capabilities. In addition, our pipeline of
potential business remains strong, and we are confident in the Company's
longer-term prospects."
We remain keenly focused on growing both our Technology Consulting and
Facilities Management groups, as projects in these areas provide Fortress with a
base of higher-margin opportunities that sometimes include a recurring revenue
component, which reduces the lumpiness associated with our Construction
Management services. In addition to improving stability on our revenue and gross
profit lines, growth in Fortress' recurring revenue base will enable our team to
focus on the quality and profitability of the projects they pursue, and give the
Company an opportunity to invest in resources and initiatives that will broaden
the range of facility and IT services we provide. This strategy will increase
the value we generate for clients and position Fortress for even greater growth
over the long-term. We are confident that this strategy is sound, and that
Fortress is poised for long-term profitability."
Chief Financial Officer Timothy C. Dec added, "Our performance through the first
nine months of the year demonstrates the effectiveness of our team's efforts to
manage the business for profitability as we continue to focus on high-quality,
stable business opportunities while intensifying our efforts to build a backlog
of high margin business that will give us greater visibility. To date, these
efforts have enabled Fortress to remain profitable despite a shift in revenue
mix, and for the first nine months of 2011, we grew net income five-fold and
adjusted EBITDA by 101% against a decline of 54% on our revenue line. Going
forward, this strategy will enable us to more effectively allocate resources
ahead of changing industry dynamics to ensure that we are operating the business
to achieve maximum profitability regardless of circumstances."
Quarterly Conference Call Details
The Company will conduct its regularly scheduled financial announcement
conference call on Wednesday, November 9, 2011, at 9:00 a.m. EST. Investors may
listen to the conference call via telephone at: 877-941-2068 (U.S./Canada) or
480-629-9712 (international) or via live audio web cast on the investor
relations section of the Company's website at www.thefigi.com.
An audio replay of the conference call will also be available approximately two
hours after the conclusion of the call and will be available until Wednesday,
November 23, 2011. The audio replay can be accessed by dialing 800-406-7325
(U.S./Canada) or 303-590-3030 (international) and entering conference call ID
4481529, or via an archived webcast available on the investor relations section
of the Company's website at www.the figi.com.
About Non-GAAP Financial Measures
Adjusted EBITDA is a supplemental financial measure not defined under Generally
Accepted Accounting Principles (GAAP). We define adjusted EBITDA as net income
before interest expense, income taxes, depreciation and amortization, impairment
loss on goodwill and other intangibles, stock-based compensation, lease exit
costs, provision for bad debts and other income (expense), net. We present
adjusted EBITDA because we believe this supplemental measure of operating
performance is helpful in comparing our operating results across reporting
periods on a consistent basis by excluding items that may, or could, have a
disproportionate positive or negative impact on our results of operations in any
particular period. We also use adjusted EBITDA from continuing operations as a
factor in evaluating the performance of certain management personnel when
determining incentive compensation. The adjusted EBITDA presented may not be
comparable to similarly titled measures reported by other companies. Adjusted
EBITDA, while providing useful information, should not be considered in
isolation or as an alternative to net income or cash flows as determined under
GAAP. Consistent with Regulation G under the U.S. federal securities laws,
adjusted EBITDA has been reconciled to the nearest GAAP measure, and this
reconciliation is located under the heading "Adjusted EBITDA Reconciliation"
following the Consolidated Statements of Operations included in this press
release.
About Fortress International Group, Inc.
Fortress International Group, Inc. is leading mission-critical facilities into a
new era of maximum uptime and efficiency. Fortress provides consulting and
engineering, construction management and 24/7/365 site services for the world's
most technology dependent organizations. Serving as a trusted advisor, Fortress
delivers the strategic guidance and pre-planning that makes every stage of the
critical facility lifecycle more efficient. For those who own, lease or manage
mission-critical facilities, Fortress provides innovative end-to-end capital
management, energy, IT strategy, procurement, design, construction,
implementation and operations solutions that optimize performance and reduce
cost.
Fortress International Group, Inc. is headquartered in Maryland, with offices
throughout the U.S. For more information, visit: www.thefigi.com or call
888-321-4877.
Fortress International Group, Inc. -- setting a new standard for the optimized
critical facility.
Forward Looking Statements
This press release may contain "forward-looking statements" -- that is,
statements related to future -- not past -- events, plans, and prospects. In
this context, forward-looking statements may address matters such as our
expected future business and financial performance, and often contain words such
as "guidance," "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "should," or "will." Forward-looking statements by their nature address
matters that are, to different degrees, uncertain. Particular uncertainties that
could adversely or positively affect the Company's future results include: the
Company's reliance on a significant portion of its revenues from a limited
number of customers; risks relating to operating in a highly competitive
industry; actual or potential conflicts of interest between the Company and
members of the Company's senior management; risk relating to rapid
technological, structural, and competitive changes affecting the industries the
Company serves; the uncertainty as to whether the Company can replace its
backlog; risks involved in properly managing complex projects; risks relating
the possible cancellation of customer contracts on short notice; risks relating
our ability to continue to implement our business plan; risks relating to our
ability to meet all of the terms and conditions of o ur debt obligations;
uncertainty related to current economic conditions and the related impact on
demand for our services; and other risks and uncertainties disclosed in the
Company's filings with the Securities and Exchange Commission, including the
Annual Report on Form 10-K for the fiscal year ended December 31, 2010. These
uncertainties may cause the Company's actual future results to be materially
different than those expressed in the Company's forward-looking statements. The
Company does not undertake to update its forward-looking statements.
Fortress International Group to Report Third Quarter 2011 Financial Results on Wednesday, November 9, 2011
2 hours 51 minutes ago - PR Newswire via Comtex
PR NewswireFortress International Group, Inc. (Other OTC: FIGI) ("Fortress"), a leading provider of consulting and engineering, construction management and 24/7/365 site services for mission-critical facilities, will report financial results for its third quarter before market open on Wednesday, November 9, 2011. The Company will also conduct a conference call at 9:00 a.m. Eastern time that day.
To participate on the conference call, please dial 877-941-2068 toll free from the US, or 480-629-9712 for international callers. Investors may also access a live audio web cast of this conference call under the "events" tab on the investor relations section of the Company's website at http://ir.thefigi.com/index.cfm.
A replay of the webcast will be available approximately two hours after the conclusion of the call. The webcast replay will remain available for 90 calendar days. An audio replay of the conference call will be available approximately one hour after the conclusion of the call and will be made available until Wednesday, November 23, 2011. The audio replay can be accessed by dialing 800-406-7325 or 303-590-3030 and entering access ID number 4481529.
About Fortress International Group, Inc.:
Fortress International Group, Inc. is leading mission-critical facilities into a new era of maximum uptime and efficiency. Fortress provides consulting and engineering, construction management and 24/7/365 site services for the world's most technology dependent organizations. Serving as a trusted advisor, Fortress delivers the strategic guidance and pre-planning that makes every stage of the critical facility lifecycle more efficient. For those who own, lease or manage mission-critical facilities, Fortress provides innovative end-to-end capital management, energy, IT strategy, procurement, design, construction, implementation and operations solutions that optimize performance and reduce cost.
Fortress International Group, Inc. is headquartered in Maryland, with offices throughout the U.S. For more information, visit: www.FortressInternationalGroup.com or call 888-321-4877.
Fortress International Group, Inc. -- setting a new standard for the optimized critical facility.
SOURCE Fortress International Group, Inc.
News for 'FIGI' - (Total Site Solutions, a Fortress International Group Company, to Exhibit at Interop, New York, NY)
COLUMBIA, Md., Sept. 28, 2011 /PRNewswire via COMTEX/ -- Fortress International
Group Company (Other OTC: FIGI), a provider of consulting and engineering,
construction management and 24/7/365 site services for mission-critical
facilities today announced that its subsidiary, Total Site Solutions, will
participate in Interop, the leading business technology event for cloud
computing, virtualization, security, mobility, data centers and networking. The
conference is scheduled for October 3-7, 2011 at the Javits Center in New York.
Total Site Solutions will be exhibiting at booth #149.
About Total Site Solutions, a Fortress International Group Company
Since 1978, the Total Site Solutions team has pioneered high-availability
infrastructure systems for critical facilities. We specialize in turn-key
facility integration including planning, design, engineering, construction
management, commissioning and maintenance services for Data Centers, Call
Centers, Trading Floors, Network Operation Centers, Communications Facilities
and Secure Facilities. The firm offers unsurpassed expertise in the
infrastructure systems (electrical, mechanical, telecommunications, security,
fire pr otection and building automation) that are the life blood of the
facility.
TSS was among the first companies to build resilient, robust and scalable
infrastructure into mission-critical facilities. As a result, TSS' experience
and innovation have made it one of the industry's leading experts, and the
vendor of choice among users of the World's most critical facilities. Such
facilities have to balance conflicting Technological, Financial and Physical
demands and TSS provides clients a single source solution with the expertise to
integrate the various information technology, electrical, mechanical, security
and environmental resources into a unified, strategic asset. TSS' comprehensive
suite of services and expertise provide its customers a highly respected and
trusted partner for services that Bridge the Gap between IT and Facilities. For
additional information visit www.totalsitesolutions.com
About Fortress International Group, Inc.
Fortress International Group, Inc. is leading mission-critical facilities into a
new era of maximum uptime and efficiency. Fortress provides consulting and
engineering, construction management and 24/7/365 site services for the world's
most technology dependent organizations. Serving as a trusted advisor, Fortress
delivers the strategic guidance and pre-planning that makes every stage of the
critical facility lifecycle more efficient. For those who own, lease or manage
mission-critical facilities, Fortress provides innovative end-to-end capital
management, energy, IT strategy, procurement, design, construction,
implementation and operations solutions that optimize performance and reduce
cost.
Fortress International Group, Inc. is headquartered in Maryland, with offices
throughout the U.S. For more information, visit:
www.FortressInternationalGroup.com or call 888-321-4877.
Fortress International Group, Inc. -- setting a new standard for the optimized
critical facility.
About Interop
Interop ® drives the adoption of technology, providing knowledge and insight to
help IT and corporate decision-makers achieve business success. Part of UBM
TechWeb's family of global brands, Interop is the leading business technology
event series. Through in-depth educational programs, workshops, real-world
demonstrations and live technology implementations in its unique InteropNet
program, Interop provides the forum for the most powerful innovations and
solutions the industry has to offer. Interop Las Vegas is the flagship event
held each spring, with Interop New York held each fall, with annual
international events in Mumbai and Tokyo, all produced by UBM TechWeb and
partners. For more information about these events visit, www.interop.com.
Forward Looking Statements
This press release may contain "forward-looking statements" -- that is,
statements related to future -- not past -- events, plans, and prospects. In
this context, forward-looking statements may address matters such as our
expected future business and financial performance, and often contain words such
as "guidance," "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "should," or "will." Forward-looking statements by their nature address
matters that are, to different degrees, uncertain. Particular uncertainties that
could adversely or positively affect the Company's future results include: the
Company's reliance on a significant portion of its revenues from a limited
number of customers; risks relating to our ability to continue as a going
concern; the uncertainty whether the Company can raise substantial additional
funds to continue its operations; risks associated with our effort to meet our
working capital requirements and scheduled maturities of indebtedness absent
restructuring; the uncertainty as to whether the Company can replace its
declining backlog; risks involved in properly managing complex projects; risks
relating to re venues under customer contracts, many of which can be canceled on
short notice; the uncertainty whether potential contracts and our backlog would
materialize; risks relating to our ability to implement a reduction in our
expenses; risks relating our ability to continue to implement our business plan;
risks relating to our liquidity; risks relating to our ability to meet all of
the terms and conditions of our debt obligations; uncertainty related to current
economic conditions and the related impact on demand for our services; and other
risks and uncertainties disclosed in the Company's filings with the Securities
and Exchange Commission. These uncertainties may cause the Company's actual
future results to be materially different than those expressed in the Company's
forward-looking statements. The Company does not undertake to update its
forward-looking statements.
SOURCE Fortress International Group, Inc.
www.prnewswire.com
Copyright (C) 2011 PR Newswire. All rights reserved
-0-
KEYWORD: Maryland
New York
INDUSTRY KEYWORD: CST
STW
CPR
SUBJECT CODE: TDS
I live in the area but I don't think I can make it.
I have personally dealt with this company for years. I have seen them at their worst and best. They were under a different name in the dot-bomb era but they still made a killing.
Can't make it there but perhaps you can post some video or pictures if you go? Thanks for the reply, Member marked ya.
Followers
|
26
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
342
|
Created
|
10/28/09
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |