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.
Very interesting quarterly report from USRC, with positive undertones. Quite surprised people haven’t noticed? But then again this board has been quiet for some time.
There were three main items which really caught my attention:
First, USRC completed a transaction, buying a company called Top Flight. USRC didn’t announce an LOI or an intent to buy the company, they simply just completed the transaction without fanfare and announced the completion. To me, that is a solid move for an OTC company…no fluff, just execution of the plan.
Second, on the financials side; the net loss per quarter is the lowest ever from what I can see. But that’s not even the real story. The Top Flight acquisition has some interesting financial tid-bits which may radically alter USRC’s next report. USRC was only able to claim revenues for Top Flight for a small part of the quarter. But the company included notes showing what “could” have occurred had the acquisition occurred on Jan 1, 2014 instead of May 23. Although it requires a bit of math on the part of an investor, you can quickly see how this transaction brings USRC into a positive EPS. Had the transaction occurred on April 1, the Q2 report for USRC would show a positive EPS for the quarter from my math.
Third, and potentially most interesting: If you go back and look at the total shares outstanding for the Q1 report, USRC showed 81,588,090 shares outstanding. On the Q2 report, the shares outstanding DROPPED to 71,691,983. This represents over a 12% reduction in total number of shares outstanding. According to the report, this also seems to include all issuances relating to the acquisition, as well as new investment, as well as the retirement of shares. So basically, the company appears to have been able to execute the acquisition of Top Flight without diluting shareholders at all (actually the opposite).
So in essence, the Company was able to acquire $1.6 million in new revenues (and growing), conduct the entire transaction in stock, raise a bit of money while placing the entire company on a positive EPS track, all while REDUCING the total number of outstanding shares from Q1-Q2. Pretty amazing to me, and pretty positive for the shareholders going forward.
The fact that the company isn’t trumpeting this loudly is another positive sign that there is still more to come. I am surprised that the stock has not yet reacted and risen based on the new share-base. We appear to be significantly undervalued here based on my read. Will be actively looking at USRC now.
Unisource Corp. (USRC: OTC Pink Current) | Annual Report
Sat, Apr 12, 2014 10:46 - Unisource Corp. (USRC: OTC Pink Current) released their Annual Report concerning 2013 Annual Report - USRC. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=118704.
www.stockalyzing.com/pink-otc-market-news.html
IMO
In case you missed this PR. For some reason IHUB hasn't listed it yet: http://finance.yahoo.com/news/cary-company-deploy-visionvault-visionpad-123300052.html
USRC looking good and appears to be growing nicely. Will do my own DD but like what I see.
$USRC bullish run..
http://imgur.com/nmAAFdD
News today; another solid PR. Steady growth continues
China-Based Greating Shipping Selects Unisource - Visionship G3 for Container and Shipment Management
8:30a ET September 19, 2013 (Business Wire)
Unisource Corporate Corporation (OTC Markets: USRC) today announced that China-based NVOCC (Non Vessel Operating Common Carrier) Greating Shipping has executed a license to deploy Visionship G3 as their primary domestic Transportation Management System. Considered a dominant player in Trans-Pacific logistics over the last two decades, Greating Shipping has created innovative global transportation solutions for middle market companies in consumer electronics, textiles and toys, as well as other retail industry import and export products. As a Non Vessel Operating Common Carrier (NVOCC), the company works with numerous marquee shipping line partners such as: APL, China Shipping, CMA CGM, Costco, Delmas, Evergreen, Hamburg Sud, Hanjin, Hapaq-Loyd, Hatsu Marine, Hyundai, IRISL, KMTC Line, Loyd Triestino, Maersk Sealan, P&O Nedlloyd, Safmarine, Senator Lines, Uniglory, Yang Ming, Zim and others. Additionally Greating Shipping works with over 60 global flagship airlines for specialized air-freight services. Greating Shipping's primary goal is to adapt to the constant evolution of international freight forwarding.
As a major force in Trans-Pacific operations, Greating Shipping imports and exports over 10,000 containers and over 120 tons of air freight, to and from the United States, each year. Visionship's ability to provide complete domestic in-transit visibility to international clients, in real time, from any location, was a critical initiative for Greating Shipping.
"With Visionship, we can now provide true real-time visibility of all ocean and air import shipments scheduled for domestic deliveries to our clients and manufacturers globally. Despite our current dominant market position, this Visionship-inspired evolution at Greating Shipping will drastically improve our customer service, significantly reduce costs associated with tracking management, and will greatly assist us in helping to grow our business across totally new areas," stated James Chen, President of Greating Shipping USA.
"Visionship G3 TMS will support, as well as expand, Greating Shipping initiatives providing true global door-to-door visibility of international ocean and air container shipments. We are looking forward to supporting Greating Shipping in North America, and have already begun to deploy our cloud-based solutions to Greating's West Coast Operations," stated Bill Wood, President of Unisource subsidiary, Visionship.
For sales information, please visit www.visionpad.com or call +1 (877) 993-6787, Ext. 501. For additional information on Unisource please visit www.unisourcecorp.com or call +1 (561) 228-5181.
About Greating Shipping
Based in China and the United States, and with direct operations in over 30 countries, Greating Shipping is a dominant player in logistics solutions on Trans-Pacific trade lanes. The company has operated as a non-vehicle operating common carrier (NVOCC) for over two decades, servicing thousands of clients globally. Greating Shipping operates a vast global network providing carrier and client services specific to innovative freight forwarding operations, ensuring smooth shipment transitions from air and sea containers, to final delivery. For additional information please call: +1-625-457-5288.
About Unisource
Unisource (www.unisourcecorp.com) is a holding enterprise whose strategy is to acquire and combine third party logistics service providers and logistics technology providers in order to offer a unique, cost effective Cloud-based SaaS solution for the global logistics marketplace. The Company also develops specialized, patent pending logistics software through our operating subsidiary, Visionship, Inc. Beyond logistics software, Unisource's strategy is to acquire and combine leading edge logistic technology providers with third party logistic (3PL) companies to offer a unique, unparalleled service in the global supply chain industry. For additional information please call: +1 (561) 228-5181.
Forward-Looking Statements Disclosure
This release contains forward-looking statements that reflect Unisource Corporate Corporation's plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal", "position", "equate", and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130919005047r1&sid=cmtx6&distro=nx
SOURCE: Unisource Corporate Corporation
Looks like a promo is in the works here! GLTA
Agree. After it tested the 50 SMA, rebounded nicely. I'm looking for solid volume equal or above today's rest of this week.
I'm liking USRC's consistent growth. Every PR over last quarter has been solid. They are acquiring more business with their VisionPad and cloud SaaS services. Easily worth $1+ pps, IMO.
GL trading USRC
ARCA on level 2..... is this getting naked shorted!
Any buying pressure and she'll move. Held well
Looking at the chart closely... Every time there is a volume spike like this, it seems there is a significant jump in price over the next three trading days. Volume today has already exceeded yesterday's. Seems like a good sign.
Looks like more news this morning. Volume has really popped in the first 10 minutes!
USRC set to close out big today !! Awesome volume !
That is for sure Hammer!!
$USRC
HUGE USRC VOL. SURGE TO SAY THE LEAST.......Hammer
VisionPO is your global Purchase Order management application. VisionPO gives you control of each and every Purchase Order, from order creation through final delivery. From the moment your purchase orders are placed you can have complete visibility of the entire fulfillment process. And, engage Visionship's intelligent TMS for on time order delivery to your dock or designated location.
$USRC
It sure looks that way!
$USRC
It sure is Jedi!
$USRC
You are welcome, USRC on the way to .50+
Sweet day today for USRC madam!
Two times the daily volume is good to see Hammer!
$USRC
NICE VOL. here on USRC as WELL.........2X THE DAILY .......Hammer
Visionvault will offer each user "Elastic Cloud Storage" for any type of data; i.e., Documents, Forms, Images, and even Sound bytes. "The constant archive for Visionship and Visionboard; Visionvault also gives each user unlimited elastic cloud storage for digital records of their supply chain data. Powred by intuitive query tools, Visionvault will give every user the ability to instantly recall any sought document(s), images, and data in real time.
$USRC
Green is always good to see Hammer!
Visionship provides solutions, services and customized transportation management applications that give clients more control, improved efficiency across multiple platforms, and a cost effective process that deliver increased bottom line profits for each of our clients.
$USRC
USRC HOLDING ALL GAINS...........COLOR GREEN........Hammer
That is right Ghost....it is all there to be seen!!
$USRC
yep, revenue is coming in and revenue growth is there, traders and investors can see that, as the charts clearly show!
That is right Hammer and we would love to see that my friend!
$USRC
YES, and ANY BREAK TO THE UP WOULD CONFIRM BREAKOUT.........USRC........Hammer
I think we will to MrB!
I think we see another wave of buying hit USRC shortly!!
USRC will bounce upward after lunch time, imo !
MrB I think that you are right about that! Think we are in for a nice afternoon after the lunch hour is over.
News is circulation capturing buyers attention!
USRC
Yes it is holding the support lines Hammer and that is good to see!
$USRC
USRC HOLDING THE SUPPORT LINES HERE......SOLID.......Hammer
There is a very nice trend in place here Ghost!
$USRC
oh yes, very nice trend in place here. Good to see you as well man!
They sure are going places Ghost. I agree the website is very professional and informative for investors!
This company is going places, it's clear from how professional their website is and what they have to offer. http://www.visionpad.com/ USRC
USRC could test the .50's by this afternoon !
Followers
|
25
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1188
|
Created
|
12/15/12
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |