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Thanks great help, can you e mail ?
Np.mills at virgin . Net ?
Good to swap notes ??
I'm from the Netherlands but use TDA to trade OTC stocks. It trades thin now, but I expect a lot more volume once name and ticker change are completed.
Ok thanks. So any OTC broker.
Volume always looks thin so need pointers ????
Not sure if I understand your question, but it trades on OTC market, so if your broker will let you buy OTC stocks you can trade it.
Hi, I’m in U.K. how easy is it to trade TKCM at present .
Any main market you can point me to.
TIA ??
Some good reading about Sakthi Global Auto Holdings
http://abtautoinvestments.com/company/overview/
Good article. It's gonna be fun to watch as things develop for TKCM.
And don't forget the 1.5 billion assets http://abtautoinvestments.com/company/overview/
Doing like $500 mill in revenues, whoa!
Revenues
Sakthi Automotive Group global revenue is projected at approximately $500 Million USD and average growth is over 20% YoY., based on current booked business Sakthi Automotive Group will achieve over $1 Billion USD revenue by 2023.
TKCM could make move to NASDAQ (article)
(NEW YORK)-- Token Communities (OTC: TKCM) announces merger with major automotive parts company ABT Auto Investments, which is a global auto parts supplier to likes of General Motors, Ford Motors, Volkswagen, Daimler, PSA, Volvo, and Toyota.
ABT Auto Investments Ltd. is a majority holding company of Sakthi Automotive Group, a leading global Tier One automotive supplier that designs, engineers and manufactures systems and technologies which are making the next generation of vehicles lighter, safer and more efficient.
Headquartered in London, Sakthi Automotive Group has over 5,000 employees operating at 6 manufacturing facilities in 5 countries including the USA, China, Germany, Portugal and India to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership. www.sakthigroup.com
Revenues
Sakthi Automotive Group global revenue is projected at approximately $500 Million USD and average growth is over 20% YoY., based on current booked business Sakthi Automotive Group will achieve over $1 Billion USD revenue by 2023.
Customers
Sakthi Automotive Group is global leading manufacturer of Safety Chassis and Powertrain Components into Aluminium and Iron supplying to all major OEM’s including General Motors, Ford Motors, Volkswagen, Daimler, PSA, Volvo, Toyota, Renault-Nissan, BMW, Volvo and many others.. http://abtautoinvestments.com/company/customers/
NASDAQ Uplisting
Rarely does a deal come by that could clearly qualify for up listing to the NASDAQ, and TKCM may very well be that rare play. There may be few steps needed before we see that, but with the size and caliber of deal merging into TKCM this could very well be heading for national exchange.
http://wallstreetnewscast.com/tkcm-0410/
I have some bids in
I added some too. Nice little dip today!
Wow, that makes me want to grab even more shares. Thanks again Adijas.
Thanks. When I see potential, I can be very patient. Had 2 great runners recently after 1,5 year waiting. TKCM should work out well. Think it's the biggest RM I've ever seen in OTC, 500 million revenue, 1.5 billion assets, that's big board material.
Thanks! You always find the best picks. I hope to develop your patience one day as well.
Cool. Hope you get some.
Ya Im going to get some powder and set up on the bid tomorrow.
Me too. All buys were mine today. Will keep adding if it dips
So undervalued here. Excited for updates.
Was looking at the website. Now I understand why they say it's a 2 billion dollar company. 500 million revenue and 1.5 billion assets http://abtautoinvestments.com/company/overview/
I assume they want to uplist to a big board some time.
Agreed. This is a rare gem imo.
I added a few hundred today. You don't see a $500 million company with 20% yoy growth too often in OTC, if ever.
I'm surprised TKCM hasn't moved up more yet, but the opportunity to add shares at the current price is appreciated!
Nice, still adding here
Sakthi Global Holdings Ltd. (OTCQX:TKCM) Appointment of New CFO
https://www.einnews.com/pr_news/481639243/sakthi-global-holdings-ltd
Sakthi Group is a diversified industrial presence with annual revenue of $2.0 Billion USD. Sakthi is diversified into Aerospace, Automotive, IT/Engineering Services, Logistics & Transportation, Sugar, Power Generation and Education. Sakthi Automotive is a leading automotive fully design and development capable with global manufacturing footprints in Asia, Europe and North America. Sakthi major products are Iron/Aluminum Cast, Machined and Assembled Components. Sakthi is major supplier for all major OEM's globally.
https://www.linkedin.com/company/sakthi-automotive-group/about/
Thats fantastic. I see they work with the big automakers.
Sakhti has $2 billion revenue
Great point Adijas.
No problem with that. This is a huge company, bet they want to uplist.
Token Communities Ltd Announces Name Change to Sakthi Global Holdings Ltd and an Increase in Its Share Capital
DETROIT, MI / ACCESSWIRE / April 4, 2019 / The Company is pleased to announce that it is changing its name to Sakthi Global Holdings Ltd to reflect its new business focus in the Auto manufacturing business. At the same time, it has taken the decision to increase its authorized number of shares to 5,000,000,000. It is new management's belief that its strong business ventures will benefit from a more robust and sufficient share reserve to attract investments for its projects moving forward.
About Token Communities:
Token Communities Limited is a publicly traded Delaware Corporation, trading symbol "TKCM". The Company's new Management sees obvious and beneficial synergies between its core automotive parts manufacturing business and the company's current expertise in block chain and fintech technologies, and is now in the process of consolidating the best aspects of both within the Company. Per the Acquisition and Share Exchange Agreement of April 2nd, 2019, ABT Auto Investments Ltd. is now the wholly owned subsidiary of the Company.
ABT Auto Investments Ltd. is a majority holding company of Sakthi Automotive Group is a leading global Tier One automotive supplier that designs, engineers and manufactures systems and technologies which are making the next generation of vehicles lighter, safer and more efficient. Headquartered in London, Sakthi Automotive Group has over 5,000 employees operating at 6 manufacturing facilities in 5 countries including the USA, China, Germany, Portugal and India to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership. Sakthi Automotive Group is a global leading manufacturer of Safety Chassis and Powertrain Components into Aluminium and Iron, supplying to all major OEM's including General Motors, Ford Motors, Volkswagen, Daimler, PSA, Volvo, Toyota, Renault-Nissan, BMW, Volvo and many others. Our commitment goes beyond simply making and delivering products. We deliver operational excellence by leveraging our global standards, policies and best practices across all disciplines. We recruit and retain world-class, creative and innovative associates who thrive when thinking outside of the box. We invest in state-of-the-art technology to elevate and strengthen our research, development and validation capabilities. We are dedicated to changing the way the world moves by designing, engineering and manufacturing technologies that make the automotive industry lighter, safer, more efficient and more powerful.
Yup.....Got the 8KSpy Alert on TKCM ....up 247%!!......
z
TKCM huge RM with 2 billion dollar company
ITEM 5.02 – DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
On April 2 nd , 2019, the majority Shareholders of the Company elected Mr. Manickam Mahalingam as Director and Chairman; Mr. Lalit Verma as Director, Chief Executive Officer, and President; and Dheeraj Jain as Chief Financial Officer and Director. At the same time, Mr. Alexander Lightman resigned his position as Chief Executive Officer, and has transitioned to Chief Technical Officer; and Mr. Peter Maddocks resigned his position as Chief Financial Officer; and Mr. Steven Knight resigned his position as Chairman of the Board and is now Vice Chairman under Mr. Mahalingam.
Manickam Mahalingam, 63, is Chair of the Sakthi Group, during his 25-year tenor he has been instrumental in developing it into a 1 Billion dollar conglomerate. In addition to spearheading the development of the automotive segment, he has also been pivotal to establishing multiple educational institutions. He has received several international awards for leadership and outstanding contributions in the automotive industry, and holds an MA from Madras University and an MBA from University of Michigan.
Lalit Verma, 40, is the CEO of Sakthi Automotive Group. He brings years of executive international experience working in India, Japan, China, Korea and the US. His expertise is in supply chain management and global purchasing at OEMs like GM, Honda and Bombardier. He has obtained his MA from Delhi College of Engineering and his MBA from the Institute of Management Technology in Ghaziabad, India.
Deeraj Jain, 39, is currently Director and CFO of ABT Auto Investment Ltd. He has previously held the post of Managing Director of Redcliffe Capital, focused on Leverage buyouts, M&A and Property Investments. He is also an active early stage investor and holds a robust portfolio of 35+ businesses mostly in India, Singapore and the USA. He previously held several posts at Nokia including CIO office, Markets Strategy and Global Finance for almost a decade. Before Nokia, he was a management consultant at Zensar Technologies (Fujitsu services JV) for British Gas, UBS, Cisco, amongst others. He is currently a guest lecturer at City University, London. Deeraj holds a computer science degree from Delhi University, as well as an Executive MBA from Cass Business School, London.
Website Sakhti Group http://sakthigroup.com/home.html 'The Sakthi Group is an 2.0 billion US$ Industrial Conglomerate and one of the fastest growing business groups in South India.'
https://en.wikipedia.org/wiki/Sakthi_Group
TKCM CEO speaks at United Nations
https://www.prnewswire.com/news-releases/token-communities-limited-common-stock-trading-opens-on-otc-885972139.html
Alex Lightman, CEO of Token Communities, who has been a keynote speaker at two dozen Blockchain events, will be a panel speaker at the United Nations Sustainable Development Goals event in New York at the United Nations complex this Thursday 27th September.
Extract Pharmaceuticals Inc. (XTPH) changed to Token Communities Ltd. (TKCM)
http://otce.finra.org/DLSymbolNameChanges
Pacific Media Group Enterprises Inc., PCCM, changed to Extract Pharmaceuticals, Inc., XTPH:
http://otce.finra.org/DLSymbolNameChanges
Hello Bordswire I am an owner of PAM and happened to come accross your board. I don't know if your active anymore, there hasn't been a post since 2003 but I thought I'd try anyway.
PAM is a company with great possibilities in the future I think. Getting into this stock now is a good investmentfor the future. The way the company is growing, and the new contracts they are obtaining all the time, this could be a very valuable stock by years end. I'm holding PAM long because I think it could be a $40 stock down the road. Just my own thoughts. Thanks for reading.
Press Release Source: Pacific CMA Inc.
Pacific CMA Reports that Barrow Street Research Reiterates its July Recommendation of Company in Progress Update Issued Today
Tuesday August 26, 9:00 am ET
NEW YORK, August 26, 2003 (PRIMEZONE) -- Pacific CMA Inc. (OTC BB:PCCM.OB - News), a global freight forwarding/supply chain logistics services company, today announced that Barrow Street Research, an independent research firm that commenced coverage of the company last month with a strong buy recommendation, today issued an updated progress report that reiterated its comments in light of recently released quarterly results.
``For the three months ended June 30, 2003,'' the Barrow Street Research report noted, ``revenue rose 60.5%, to $17 million ... For the first six months ... revenue rose $129%, to $31 million. The strong increase in revenue both for the second quarter and first half of 2003 reflect the organic growth of both Pacific's wholly owned subsidiary, AGI Logistics, (HK) Ltd., and its majority owned subsidiary, Airgate International Corp...'' In fact, the research report continued, ``The revenue of Airgate represented approximately 70% of Pacific's total revenue for the second quarter of 2003.''
The report added that the full integration of the Airgate acquisition, along with an expected higher level of new clients, ``will likely have a strong positive effect on revenue growth...'' The report noted that its revenue projections of $70-$80 million for the year had been adjusted from initial levels, reflecting the impact of SARS and the war in Iraq.
Nevertheless, the report concluded, ``...we believe the stock continues to be undervalued and, as mentioned in our earlier report, that Pacific CMA is a company in the right place, with the right solutions, at the right time.'' Last month, Barrow Street Research said it was initiating coverage of Pacific CMA with a strong buy rating, noting the company already maintains more than 128 cargo agents stationed in 68 countries and 161 cities serving major gateways around the world.``
The expectation of a higher level of revenue, referred to in the research report, comes at a time when Pacific CMA is currently participating in the ASAP Global Sourcing Show, the world's largest garment and textile sourcing show, being held this week through August 27 at the Las Vegas Hilton Convention Center. Pacific CMA was selected by ASAP show management to be the official freight forwarder for the trade show, offering it substantial endorsement and potential new marketing opportunities.
The ASAP show has more than 250 garment manufacturers from 35 countries exhibiting. Some of these overseas manufacturers are coming to the United States for the first time to gain container load orders from an estimated audience of approximately 7,000 attendees, comprised of U.S. retailers, manufacturers, importers and buyers.
Pacific CMA Inc. is a non-asset based logistics/freight forwarder providing supply-chain logistics services. Pacific CMA's services include freight forwarding and warehousing services, which encompass the coordination of shipping and the storage of raw materials, supplies, components and finished goods. The Company facilitates the movement of freight to and from anywhere in the world either by air, sea or land, with particular focus on business between the Far East and the United States.
A full copy of the initial and updated research reports by Barrow Street Research are available online at http://www.barrowstreet.com and additional information on Pacific CMA is available at http://www.pacificcma.com.
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Contact:
Pacific CMA Inc.
Investor Relations Network
Tom Gavin
(909) 279-8884
--------------------------------------------------------------------------------
Source: Pacific CMA Inc.
Press Release Source: Pacific CMA Inc.
Pacific CMA Engages PiedmontIR, LLC. to Provide Investor Relations and Financial Communications Services
Wednesday August 20, 9:00 am ET
NEW YORK, August 20, 2003 (PRIMEZONE) -- Pacific CMA Inc. (OTC BB:PCCM.OB - News) announced today that it has engaged PiedmontIR, LLC. to provide the company with a complete program of investor relations and financial communications support designed to increase Pacific CMA Inc.'s visibility within the investment community.
PiedmontIR (http://www.PiedmontIR.com) is a national investor relations (IR) firm headquartered in Atlanta, Georgia, with a regional office in New York. PiedmontIR provides comprehensive, customized IR services to small and medium-sized emerging companies. PiedmontIR specializes in investor education to retail investment advisors and institutions along with analyst communications, media relations, market analysis, and development of corporate communications material for its clients.
In commenting on the new relationship, Henrik Christensen, Executive VP and a Director of Pacific CMA said, ``PiedmontIR has an impressive track record of making introductions for its portfolio companies, and cultivating long-term relationships with premier fund managers. We feel this is the opportune time to broaden our existing investor base and increase awareness of our Company and its services by incorporating a more proactive investor relation program.''
As a holding company, Pacific CMA's two main operating units are Hong Kong-based AGI Logistics (HK) Ltd., and New York-based Airgate International, Inc. AGI also maintains operations in Shanghai, as does Airgate in Chicago and San Francisco. Through AGI's arrangements with trucking, shipping and rail companies, it provides door-to-door service throughout Southern China and Hong Kong. AGI also has an established airfreight operations office and leased warehouse in the Hong Kong Air Freight Forwarding Center. From this location, adjacent to the airport, AGI coordinates the exporting of cargo to global ports including Europe, North America, the Indian subcontinent and Australia. Airgate International Corp., of which Pacific CMA became an 81% holder in May 2002, is also, like AGI, a non-asset based logistics services company. Its primary focus is the importing of air and ocean shipments from the Far East and Southwest Asia marketplace to the United States. Airgate International has handled the supply and logistics systems for numerous Fortune 1000 companies. It provides a full range of air and ocean services and also owns and operates its own bonded container station, helping expedite availability of merchandise. Like AGI, Airgate specializes in the fashion/apparel industries, and utilizes all-cargo, chartered aircraft with guaranteed space allowing it, along with AGI, to provide lift capacity from Hong Kong whenever needed. In addition to its own offices, it maintains a global network of exclusive agents that help enhance its growth.
In its latest quarter, ended June 30, 2003, Pacific CMA's revenue rose more than 60%, to $17 million, with airfreight operations representing approximately two thirds of that amount.
To receive press releases and information on Pacific CMA Inc. via email or fax, please sign up at http://www.PiedmontIR.com or call 678-455-3696, or email info@piedmontir.com
This news release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demands and acceptance, changes in technology, economic conditions, the impact of competition and pricing, and government regulation and approvals. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of Pacific CMA Inc., are expressly qualified by the cautionary statements and any other cautionary statements which accompany the forward-looking statements. In addition, Pacific CMA Inc. disclaims any obligations to update forward-looking statements to reflect events or circumstances after the date hereof. The information contained on any Web site referenced in this press release is not part of this release.
Contact:
Pacific CMA Inc.
Henrik Christensen
(212) 945-7117
http://www.pacificcma.com
PiedmontIR, LLC
R. Keith Fetter / Darren Bankston
(678) 455-3696
http://www.piedmontir.com/
--------------------------------------------------------------------------------
Source: Pacific CMA Inc.
Press Release Source: Pacific CMA Inc.
Pacific CMA Reports Improvements in Second Quarter Results; Reissued Due to Power Failure
Tuesday August 19, 9:00 am ET
NEW YORK, August 19, 2003 (PRIMEZONE) -- Pacific CMA Inc. (OTC BB:PCCM.OB - News), a global freight forwarding/supply chain logistics services company, last Thursday announced that its operating results for the second quarter showed improvements over last year. The company said it was reissuing this news release, as a number of shareholders and others in the investment community indicated they were unaware of its original distribution, primarily due to the power failure that struck the Northeastern U.S. and portions of Canada in the same time frame the release was being sent.
For the three months ended June 30, 2003, revenue rose 60.5%, to $17.0 million, from $10.6 million in the 2002 second quarter. Net income was $203,793, up slightly from $200,254 a year ago. On a per diluted share basis, net income equaled $0.009, versus $0.01 in the year-earlier period, based on a 10% increase in fully diluted shares outstanding this year.
For the first six months ended June 30, 2003, revenue rose 129%, to $31.0 million, from $13.5 million in the 2002 first half. Net income was $95,820, equal to $.004 per diluted share, compared with $181,424, or $.009 per diluted share, in last year's six month period.
The strong increase in revenue for both the second quarter and first half of 2003 reflect the organic growth of both Pacific's wholly owned subsidiary, AGI Logistics (HK) Ltd., and its subsidiary, Airgate International Corp. Pacific acquired Airgate on April 30, 2002. The revenue of Airgate represented approximately 70% of Pacific's total revenue for the second quarter of 2003.
Airgate, which was founded in 1990, is based in New York and primarily handles import air and ocean shipments from the Far East and Southwest Asia to the United States. AGI is based in Hong Kong and focuses on integrated logistics, freight forwarding and warehousing services in the Far East region and Mainland China.
During the second quarter and first half of 2003, Pacific CMA experienced increases in revenue both from air freight and sea freight operations: 50% and 112%, respectively, in each period versus a year ago for air freight; and 85% and 167% in each respective period versus a year earlier for sea freight. The Company's revenue growth in both the first and second quarters of 2003, however, was less than budgeted because of impacts from the second Gulf War and the outbreak of the SARS virus this spring. Both of these factors have dissipated today. Also, during the 2003 second quarter and first half, Pacific CMA incurred increased operating costs primarily resulting from the addition of Airgate's operations.
During the first half of 2003, important new operating expansions included agreements that Pacific CMA entered into with new agency partners in Dubai and Sri Lanka (in addition to recently added agents in Japan and Turkey), as well as planned investment to expand the Company's penetration of the rapidly growing Shanghai marketplace.
``Looking ahead,'' said Alfred Lam, Pacific CMA Chairman, ``we expect continued strong organic growth and to capitalize on our Company's well-established base in Asia, which includes five joint venture/representative offices in the Peoples Republic of China. We are confident that 2003 will be another year of record earnings and revenue, derived from existing operations, for Pacific CMA.'' Mr. Lam added, ``we also plan to make more strategic, accretive acquisitions, both in China and the United States.''
Pacific CMA Inc. is a non-asset based logistics/freight forwarder providing supply-chain logistics services. Pacific CMA's services include freight forwarding and warehousing services, which encompass the coordination of shipping and the storage of raw materials, supplies, components and finished goods. The Company facilitates the movement of freight to and from anywhere in the world either by air, sea or land, with particular focus on business between the Far East and the United States.
PACIFIC CMA, INC.
(CONDENSED CONSOLIDATED BALANCE SHEETS)
(Unaudited)
June 30, December 31,
2003 2002
$ $
ASSETS
Current assets
Cash and cash equivalents 654,443 441,657
Restricted cash 3,031,798 2,655,589
Trade receivables, net of allowance for
doubtful accounts of $137,970 5,961,096 6,464,141
Deposits, prepayments and other 1,980,968 1,116,007
Loan receivable 12,600 249,600
Deferred income taxes 82,350 82,350
---------- ----------
Total current assets 11,723,255 11,009,344
Property, plant and equipment, net 307,604 361,578
Goodwill 2,683,768 2,683,768
Intangible asset, net 2,192,667 2,478,667
Deferred taxes 2,613 2,613
Loan receivable 64,934 66,224
Certificate of deposit 50,000 50,000
---------- ----------
Total assets 17,024,841 16,652,194
========== ==========
LIABILIITES AND STOCKHOLDERS' EQUITY
Current liabilities
Bank overdrafts 2,110,968 742,914
Trade payables 7,767,762 7,855,965
Accrued charges and other creditors 253,332 509,316
Due to a director 97,868 411,667
Obligations under finance leases 36,150 38,124
Debt maturing within one year 187,858 479,607
Tax payable 222,779 240,845
---------- ----------
Total current liabilities 10,676,717 10,278,438
Obligations under finance leases 45,068 37,820
Deferred tax liability 452,047 580,747
---------- ----------
Total liabilities 11,173,832 10,897,005
---------- ----------
Commitments and contingencies (Note 9) -- --
Stockholders' equity
Common stock with no par value 1,551,865 1,551,865
Additional paid-in capital 1,786,718 1,786,718
Other comprehensive loss (8,325) (8,325)
Retained earnings 2,520,751 2,424,931
---------- ----------
Total stockholders' equity 5,851,009 5,755,189
---------- ----------
Total liabilities and stockholders' equity 17,024,841 16,652,194
========== ==========
See notes to condensed consolidated financial statements.
PACIFIC CMA, INC.
(CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS)
(Unaudited) (Unaudited)
Three months ended Six months ended
June 30, June 30,
2003 2002 2003 2002
----------- ----------- ----------- -----------
$ $ $ $
Freight forwarding
income 16,961,821 10,569,264 30,988,201 13,546,135
----------- ----------- ----------- -----------
Operating expenses
Cost of
forwarding (14,309,698) (8,896,061) (26,003,696) (11,244,767)
Selling and
administrative
expenses (2,284,107) (1,282,752) (4,590,107) (1,873,974)
Depreciation and
amortization (193,635) (148,384) (386,736) (198,226)
----------- ----------- ----------- -----------
Total operating
expenses (16,787,440) (10,327,197) (30,980,539) (13,316,967)
----------- ----------- ----------- -----------
Income from
operations 174,381 242,067 7,662 229,168
----------- ----------- ----------- -----------
Non-operating
income (expense)
Net gain on
disposal of a
subsidiary -- 11,390 -- 11,390
Interest and
other income 38,643 39,450 86,143 53,534
Interest expense (39,235) (25,363) (82,961) (40,117)
----------- ----------- ----------- -----------
Net non-operating
income (expense) (592) 25,477 3,182 24,807
----------- ----------- ----------- -----------
Income before
income taxes 173,789 267,544 10,844 253,975
Provision for
income taxes 30,004 (67,290) 84,976 (72,551)
----------- ----------- ----------- -----------
Net income 203,793 200,254 95,820 181,424
=========== =========== =========== ===========
Net income per share
Weighted average
number of shares
outstanding
Basic 22,423,350 20,368,713 22,422,812 20,368,713
=========== =========== =========== ===========
Diluted 22,596,778 20,552,380 22,596,240 20,552,380
=========== =========== =========== ===========
Net income per
share of
common stock
Basic and Diluted 0.009 0.010 0.004 0.009
=========== =========== =========== ===========
A full copy of a recent research report on the Company is available online at http://www.barrowstreet.com and additional information on Pacific CMA is available on the Company's own web site at http://www.pacificcma.com.
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Contact:
Investor Relations Network
Tom Gavin
(909)-279-8884
--------------------------------------------------------------------------------
Source: Pacific CMA Inc.
Press Release Source: Pacific CMA Inc.; Cyber Merchants Exchange
Pacific CMA is Designated the Official Freight Forwarder for ASAP, The World's Largest Garment and Textile Sourcing Show in Las Vegas
Wednesday August 6, 9:00 am ET
LOS ANGELES, August 6, 2003 (PRIMEZONE) -- Pacific CMA Inc. (OTC BB:PCCM.OB - News), a global freight forwarding/logistics services company, today announced that it has been designated as the official freight forwarder for the ASAP Global Sourcing Show, the World's Largest Garment and Textile Sourcing Show, being held this month in Las Vegas. The ASAP Show is scheduled to run from August 24-27 at the Las Vegas Hilton Convention Center.
The ASAP show currently has more than 250 garment manufacturers from 35 countries exhibiting. Some of these overseas manufacturers are coming to the United States for the first time to gain container load orders from an estimated audience of approximately 7,000 attendees comprised of U.S. retailers, manufacturers, importers and buyers.
Frank Yuan, the brainchild of the ASAP Show, CEO and Chairman of the parent company, Cyber Merchants Exchange (OTC BB:CMEE.OB - News), said: ``We are very glad to designate a rapidly growing company such as Pacific CMA to be the official freight forwarder for the ASAP Show. The reason we chose Pacific CMA is because they are an equally fast growing company as cyber merchants.''
``Through Pacific CMA's more than 128 freight logistics agents, stationed in 68 countries serving major gateways around the world, they will provide the freight forwarding and logistics solutions for our many exhibitors. I am certain that this strategic partnership will continue to grow into the future ASAP Shows and be prosperous for everyone,'' said Yuan.
``Global forwarding and logistic services are an intricate part of our ASAP Global Sourcing Show. Our 7,000 plus attendees will need the professional apparel logistic company assistance to carry their orders from overseas to the U.S. in the most efficient and cost effective way. Pacific CMA was chosen for its apparel specific emphasis and service oriented object in mind. We have reviewed other freight forwarders and found that Pacific CMA most appropriately matches our company's business strategy...Think globally, act locally,'' said Yuan.
In response, Pacific CMA Chairman Alfred Lam said: ``We are deeply honored that we have been designated as the official freight forwarder for this ASAP Show. This strategic relationship will offer us many opportunities to meet current and potential garment clients. We hope to be an important part of the ASAP Global Sourcing Show, and we will do our best to service the tradeshow exhibitors and attendees to provide transportation to a rapidly growing global trading environment.''
Pacific CMA will be present at the show, staffed with senior executives from its Hong Kong office, as well as Los Angeles, San Francisco and New York offices. Attendees to the ASAP Show are asked to pre-register online at the following link: http://www.asapshow.com.
ABOUT PACIFIC CMA (http://www.pacificcma.com)
More information on the company is available online at http://www.barrowstreet.com and also at http://www.pacificcma.com.
ABOUT CYBER MERCHANTS EXCHANGE, INC. (http://www.C-Me.com)
C-Me is an international electronic trading and logistics company, creating efficiencies for retailers to source and finance international purchases. C-Me offers its patent pending Global Financial Platform allowing U.S. buyers to purchase overseas merchandise without the need of issuing a Letter of Credit. The ASAP Global Sourcing Show, a natural extension of C-Me, is held twice a year in Las Vegas, Nevada. ASAP's mission is to establish a premier venue for leading international textile and apparel full package factories to conduct business under one roof with global buyers. The Company presently has 25 offices located throughout the world.
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Contact:
Pacific CMA Inc.
Henrik Christensen
(212) 945-7117
ASAP Show
Laurie Boon
(626) 636-2530 x 134
--------------------------------------------------------------------------------
Source: Pacific CMA Inc.; Cyber Merchants Exchange
Press Release Source: Pacific CMA Inc.
Coverage of Pacific CMA Initiated by Barrow Street Research
Tuesday July 15, 9:00 am ET
Report Calls it `A Company in the Right Place, with the Right Solutions, at the Right Time'
NEW YORK, July 15, 2003 (PRIMEZONE) -- Pacific CMA, Inc. (OTC BB:PCCM.OB - News), a global, non-asset based freight forwarding/logistics services company, today announced that Barrow Street Research, an independent firm focused on emerging growth companies, has initiated research coverage of the company.
The report states: ``Our analysis suggests that Pacific CMA is poised to embark on a period of rapid business growth. In large part, this growth will be fueled by the reality of a company being in the right place, with the right solutions, at the right time.''
Barrow Street said it was initiating coverage of Pacific CMA with a strong buy rating, noting the company's market position lies in its strong reputation as the pre-eminent provider of supply chain management systems and contract logistics in the very fast growing import/export markets of Hong Kong and the much larger South China marketplace. The company already maintains more than 128 cargo agents stationed in 68 countries and 161 cities serving major gateways around the world.
``As an American based company that provides innovative logistics and transportation services,'' Barrow Street reports, ``PCCM has a major operations center in Hong Kong, placing it right in the middle of the fastest growing trade region in the world. The rising trading power of China -- its exports leaped 22 percent last year -- has been especially important for transportation companies. During the remainder of 2003, we believe that investors will begin to witness continued strong improvement in the company's financial condition as higher levels of business activity and new client acquisitions result in steady revenue growth.
``Moreover,'' the report continues, ``PCCM has recently completed operational updates that, in management's opinion, will yield higher efficiencies and margins, likely resulting in a swift growth in profits during 2003.
``We believe that high-risk investors have not properly focused on the strong fundamentals displayed by PCCM. In our opinion, the PCCM shares are currently undervalued, and we are initiating coverage of the company with a strong buy rating.''
The Barrow Street report notes that: ``Increasing globalization is boosting business for transportation and logistic service providers. Importantly, the accession of China and Taiwan to the World Trade Organization in November 2001 is a clear signal that barriers to trade will continue to be dismantled.
``We believe that during 2003 the financial situation for the company will significantly improve,'' the research report concluded, ``with revenues estimated to grow to as much as $90-100 million, and with net income advancing to the vicinity of $0.15-$0.20 per share.''
A full copy of the research report is available online at http://www.barrowstreet.com and additional information on Pacific CMA is available at http://www.pacificcma.com.
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Contact:
Investor Relations Network
Tom Gavin
(909)-279-8884
--------------------------------------------------------------------------------
Source: Pacific CMA Inc.
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