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Trust GWTR surprised me today as well, 1 to 3 for buys to sells. Still might turn around but its definately going to be one to watch.
Well AVEW did very good but GWTR sucked today.
AVEW I think can see multi pennies.
Management Discusses Results of Financial Audits, S-1 Filing and Current Condition of the Company
WALNUT CREEK, CA -- (Marketwire)
03/08/10
DM Products, Inc. (PINKSHEETS: DMPD) (www.dmproducts.biz) has recently released the results of financial audits conducted for years ended December 31, 2007, December 31, 2008 and the first nine months ended September 30, 2009.
President and Chairman of the Board of Directors, Kurtis Cockrum, provides the following summary of the current overall condition of the company:
"As stated in previous press releases, we are in the process of compiling an S-1 document for submittal to the SEC, which we hope will be submitted by the end of March. We then intend to apply for Bulletin Board status, a move which Management has been anxiously awaiting. Although we are unaware of the exact time frame in which the SEC will respond to our filing, we feel as though we have satisfied our internal goals with regards to the completion and submission of the audited statements and Form S-1. By becoming a fully reporting company, we hope to instill confidence in our existing shareholders as well as the general public.
"As shown in the Consolidated Statements of Operations, our company is healthy and growing. Total revenue for the first three quarters of 2009 exceeded the entire revenues derived throughout the entire year of 2008 ($278,851 v. $220,261). This amounts to an increase of 27% in just the first three quarters of 2009. We anticipate having the final revenue totals for 2009 by mid-April. What management believes is of significance regarding these figures, is the fact that these revenues were the result of royalty payments; therefore, our gross profits during these periods were not reduced as the result of cost of sales. Assuming we had manufactured and marketed our product directly and assumed the cost of sales associated therewith, we would have had to have received total revenues of $2,788,510 (assuming a profit margin of 10%) to obtain the gross profit shown for the first three quarters of 2009.
"What also stands out to management is the lack of any long term debt or need to have raised additional capital through the sale of our common stock. Although we do not rule out the option to acquire capital through future debt or equity transactions, should an opportunity arise justifying such an action, to date, we are essentially debt free and have not diluted our existing shareholders' ownership in the company since becoming publicly trading. We continue to feel confident in the royalty stream we shall receive in connection with the Banjo Minnow Fishing Lure sales and believe this income will be substantial enough to move us upward and forward as a company for future growth.
"Unlike many companies currently trading on Pink Sheets, our management team consists of individuals who have personally invested substantial funds into DM Products, or its subsidiary Direct Success, Inc. This brings a sense of pride and a personal commitment to utilize all my efforts in seeing the company thrive. Management will continually strive to obtain the best results for our shareholders.
"Although we are continuously approached by new inventors and new product ideas for direct marketing, we have not ruled out diversifying our business into other areas which are outside of the traditional infomercial arena. During the past year, management has investigated several such opportunities. Although the right business plan has yet to surface, it is quite possible that one will, at which time management will fully assess the matter in the best interest of the company.
"We openly welcome shareholder input. The most effective means of reaching management and receiving a prompt response is via our website dmproducts@dmproducts.biz."
Kurtis Cockrum, President and Chairman of the Board of Directors of DM Products, Inc.
DM Products, through its wholly owned subsidiary, Direct Success, Inc., develops, finances, produces, markets, and distributes unique and innovative health, beauty, fashion, fitness and other products for sale through infomercial marketing and distribution channels.
This press release includes certain statements that fall within the definition of "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, overall economic and market conditions, competitors' and clients' actions, and weather conditions, which could cause actual results to differ materially from those anticipated. Accordingly, such statements should be considered in light of these risks. Any prediction by DM Products is only a statement of management's belief at the time the prediction is made. There can be no assurance that any prediction, once made, will continue thereafter to reflect management's belief, and DM Products does not undertake to update publicly its predictions, whether as a result of new information, future events or otherwise.
DM Products
More information can be found on the company website
www.dmproducts.biz
email dmproducts@dmproducts.biz
925 943 2090
GWTR seems to be gaining a following. I think its worthy of at least watchlist status for the week or so.
AVEW just started
GWTR .0035 and AVEW .0075
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BEDA NEXT WEEKS MONSTER PLAY
There are 5 great things going for BEDA in the next week:
#1- Company Share Buyback
#2- The acquisition of Texas Mobile Health (TMH) is still on track and is expected to close by March 15th or sooner.
#3- Other Mergers Expected
#4- Naked Short Sellers over 2 BIL short MOASS looking very likly in the near future.
#5- Lots of Momo all over the place
Pinksheet updates:Share structure!
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=beda#getCharts
#
Estimated Market Cap
$1,494,635 as of Feb 3, 2010
#
Outstanding Shares
1,358,759,000 as of Feb 3, 2010
#
Authorized Shares
5,000,000,000 as of Feb 3, 2010
#
Float(shares)
404,827,453 as of Feb 3, 2010
With what you are about to read about BEDA, it is fact not fiction. If anyone has an issue with what I am about to post, please consider taking the issue up with two of the market?s primary regulatory authorities? FINRA and the SEC? since they are the governing authorities for the ?official? data provided.
The next thing to consider is that BEDA has some business objectives they are trying to achieve for growth, but let?s come back to talk about them a little later within this post after you review the below spreadsheets of the data compiled that confirms that BEDA has been naked shorted by over 2 billion shares. This issue I?m about to explain has now moved to the forefront as it was not my original reason for buying BEDA. So, let?s discuss as this is very very huge.
BEDA ?officially? has been ?naked shorted? a total of 2,022,711,713 shares. The links below to confirm this are ?official? links of data that are provided by FINRA. Under the section towards the end of the links below from FINRA is a section titled ORF. It reflects the by month listings with the amount of BEDA shares shorted (naked shorted) out of the total volume for that day which can be accessed from the top of each page. The daily data has to be totaled manually as the data is not cumulative to derive a total amount of shares shorted (naked shorted).
Below are the spreadsheets with each applicable link corresponding to each month for the applicable 4 months of naked shorting involved for your review; Dec 2009 to Mar 2010 reflecting the 52 consecutive trading days that BEDA has been on the Reg SHO List:
BEDA Naked Short Shares for Mar 2010
http://regsho.finra.org/regsho-March.html
BEDA Naked Short Shares for Feb 2010
http://regsho.finra.org/regsho-February.html
BEDA Naked Short Shares for Jan 2010
http://regsho.finra.org/regsho-January.html
BEDA Naked Short Shares for Dec 2009
http://regsho.finra.org/regsho-December.html
If one were to total the column titled ?Short Volume? from the spreadsheet data above, it will give you a total amount of 2,022,711,713 shares shorted. The thing to keep in mind is that the term ?short? is used synonymously to mean ?naked short? when dealing with the data provided which could be further verified from the Reg SHO info below which is also something else very important to note.
BEDA has been on the Reg SHO List for 52 consecutive trading days. There is a total of 2,022,711,713 shares that have been naked shorted out of the total volume of 4,180,937,492 shares as of close of business/market Monday, 1 Mar 2010. Again, this is fact and not fiction as compiled from the official data above provided by FINRA and indicated below:
http://www.nasdaqtrader.com/Trader.a...egSHOThreshold
According to the SEC, the Market Makers (MMs) have 35 days to cover as indicated below:
http://www.nasdaqtrader.com/TraderNe...?id=ra2007-086
According to the Reg SHO and Buyins.net report, so far, BEDA has been listed on the Reg SHO list for 52 consecutive trading days and is listed on the ?Imminent Buyin? list:
http://www.regsho.com/tools/short_list.php?dys=>12
http://www.buyins.net/tools/short_list.php?dys=%3E12
The SEC has also approved and is implementing ?Short Selling Restrictions? as indicated below to help combat this issue:
http://www.sec.gov/news/press/2010/2010-26.htm
Something the company is doing to help combat and force a positive remedy for this situation for BEDA shareholders can be read in the PR below which states that they are in the process of confirming funding from a Private Investor to contribute towards the company buying back 50% of their Float as indicated below:
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
The company has not had a share structure change in well over a month. The Transfer Agent (TA) for BEDA is ungagged. Their TA is Transfer Agent First National Trust Company and can be reached at 713 985-9624 or 713 579-0661 to verify the official share structure below of which has remained unchanged:
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
The company PR-ed above to confirm that the share structure is as indicated below:
Authorized Shares: 5,000,000,000
Issued Shares: 1,358,759,973
Float: 404,827,453
Restricted: 954,932,520
The Float is 404,827,453 shares. After the company buys back 50% of the Float, the Float will be 202,413,727 shares. Here?s where some issues exist.
Issue #1
Since BEDA has been naked shorted a total of 2,022,711,713 shares and is still on the Reg SHO List, this means that not only have the already 404,827,453 shares in the Float have been sold to retail investors of which are still holding, but 2,022,711,713 shares have been naked shorted in being sold to retail investors and purchased above the already 404,827,453 shares that have been exhausted. The Float is beyond gone and has been for 52 consecutive trading days. Since BEDA has been on the Reg SHO List for 52 consecutive trading days, that means that a covering has never taken place which means that the naked short has been cumulative and will be cumulative until a covering transpires taking the deficit back to ground zero or close enough to start the count over. This is the day that we would not see BEDA on the Reg SHO List, but as of today it still remains on the list. A mandatory covering has to take place.
Issue #2
BEDA has been on the Reg SHO List for 52 consecutive trading days. According to the SEC, the MMs have 35 days before a forced buy-in has to happen to cover the naked shorted position. We are 17 days here in BEDA overdue. A mandatory covering has to take place.
Issue #3
From the PR below, one of their acquisitions will bring in $3 to $4 million in Revenues:
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
As for another acquisition under consideration that generates over $10 million in Revenues, read below:
http://investorshub.advfn.com/boards...ge_id=46639701
http://investorshub.advfn.com/boards...ge_id=46642624
http://investorshub.advfn.com/boards...ge_id=46727721
The company apparently is planning on buying back shares at much higher prices as they have mentioned that they will be using some of the Revenues generated from their acquisitions to buy back shares. I am confident that the company has no problem in buying back shares at much higher prices because they know that further acquisitions to add significant value will be added after the shares they buy back. The shares they buyback will look like shares bought at a premium to some investors while they will always be considered shares bought at a discount to the company. Either way, they are buying back shares for a specific purpose of growth to support the future of the company to confirm that they believe in the future continued growth of their company. This means that the price of the stock at the time of the buyback does and will not ever matter.
The issue here is? Where is the company going to get 202,413,727 shares from the market to purchase if the Float of 404,827,453 shares has already been bought by retail investors along with 2,022,711,713 shares sold above the already existing Float existing as a deficit waiting to be covered? A mandatory covering has to take place.
As mentioned in the PR below and in a few of their previous PRs? ?the company has a large appetite for acquisitions due to its strong belief that it can leverage its valuable insurance contracts to acquire several companies that do not currently have, or cannot obtain, these contracts in order to survive in the existing economy and health care environment. ??
http://finance.yahoo.com/news/Bederr....html?x=0&.v=1
For those who are new to BEDA and is not aware of these ?valuable insurance contracts? that the company was referring to, BEDA has in place all the necessary insurance plans such as Medicare, Medicaid and Commercial Insurance contracts. Here?s a little proof of their experience from a completed major deal with the AMERIGROUP Corporation:
http://www.bederra.com/documents/new.../4.15.2008.pdf
The AMERIGROUP Corporation trades on the NYSE under the ticker of AGP: NYSE at $27.00+ per share:
http://phx.corporate-ir.net/phoenix....rol-stockQuote
http://www.realsolutions.com/
http://www.realsolutions.com/company/pages/home.aspx
Something else to note, a little while back, BEDA received approval from the State of Texas to provide Nuclear Medicine services. When I spoke to the CEO a little while back, they still have plans for utilizing this approval to their advantages to practice nuclear medicine, but I was not able to get any details of the company?s plans of utilization:
http://www.marketwire.com/press-rele...xas-986055.htm
In closure, for those not understanding what it means for BEDA to be naked shorted and on the Reg SHO List, here?s what it means (a must listen):
http://www.businessjive.com/
Then listen to this below by Senator Robert F. Bennett:
http://www.cnbc.com/id/15840232?video=652216599&play=1
Agree on HFBG. Should be awesome next week!
HFBG (.003)
Outstanding Shares: 1,402,641,175 as of 02/24/2010
Authorized Shares: 1,470,000,000 as of 05/22/2009
Preferred Shares: 30,000,000 as of Feb 26, 2009
Restricted Shares: 542,432,000
Float: 860,209,175
ADMGQ is still my "Q" pic since their B/K was dismissed! Only 12.3 million shares O/S!!!
Huge Law Suit against Foam Tec!
More interesting finds:
5) SINGAPORE ROYALTY AGREEMENT
On or about November 20, 2007, the Company filed suit in the Superior Court of the State of California, County of Orange, Central Justice Center, against Foamtec (Singapore) Pte. Ltd., a private limited company incorporated in Singapore, and Foamex Asia Ltd., a private company incorporated in Thailand (collectively, “Foamtec”). In December of 1998, the Company and Foamtec entered into a Manufacturing Agreement, whereby the Company and Foamtec agreed to work cooperatively to manufacture and sell certain foam components to Hewlett Packard Company and certain other buyers. As part of the Manufacturing Agreement, Foamtec agreed to act as fiduciary agent for the Company in distributing the manufactured product to Hewlett Packard, its successors and assigns. The term of the Manufacturing Agreement was for ten years, which could be extended by either party for an additional five years. Foamtec had the option to purchase the Company’s interest in the Manufacturing Agreement by paying a price to be calculated on the profits expected under the entire remaining term which, by definition, included its entire term, including the additional five years if the Company exercised its extension right. In 2006, the Company gave notice to Foamtec of its election to extend the term of the Manufacturing Agreement for an additional five years in accordance with its rights under the Manufacturing Agreement. Thereafter, Foamtec gave notice of its election to purchase the Company’s interest in the Manufacturing Agreement, and tendered certain funds in claimed discharge of its payment obligations thereunder. Foamtec asserted that this payout right only applied to the initial term, and not the extended term, and therefore remitted funds that represented the expected profits through the end of the initial term. The Company therefore sued Foamtec for breach of contract for Foamtec’s failure to pay the Company the amount of expected profits for the extended term. The Company is seeking compensatory damages in excess of $1,000,000, interest as provided by law and costs associated with the suit.
BEDA ”officially” has been ”naked shorted” a total of 2,022,711,713 shares. The links below to confirm this are ”official” links of data that are provided by FINRA. Under the section towards the end of the links below from FINRA is a section titled ORF. It reflects the by month listings with the amount of BEDA shares shorted (naked shorted) out of the total volume for that day which can be accessed from the top of each page. The daily data has to be totaled manually as the data is not cumulative to derive a total amount of shares shorted (naked shorted).
Hello zambia & the #1 Pick board,
RTGV is my pick for next week. Should continue strong through close later this month.
Thx, good weekend!
MG
ADMGQ: B/K was dismissed in Dec 09 and they are suit Foamtec for over $1,000,000 for infringement violations! Not to mention that they have options for 46 cents a shares! It's beginning to shape up for ADMGQ and we are on the ground floor!
Check out the DD I have found on the AMMGQ board if you are interested! Also, proceed with caution! This really does trade on air with just 12 Million in the O/S!!!
DMPD IS IN PLAY
VSTNQ and SHAR are two more tyhat should do good today
DMPD FINANCIALS JUST POSTED TO PINKSHEETS.COM they are moving up to a higher exchange.
IDGI for me tomorrow......
yes I think it is possible but they need more momo and substance
TSRD .002 Think it can see .01 to .02
NSFE Gonna pick some up tomorrow.
Posted by: gonzilee Date: Thursday, March 04, 2010 4:23:34 PM
In reply to: None Post # of 1774060
NSFE - FROM YAHOO BOARD:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=tm&bn=66996&tid=21&mid=21&tof=1&frt=2
Post Unavailable
Looks like I should have stayed in SSEV.Up big again today.
thx welcome to the board
Post Unavailable
Wizzard Media Acquires Number One Celebrity Gossip iPhone App
Wizzard Media (NYSE Amex: WZE), the world’s largest podcasting network, announces the acquisition of exclusive distribution rights to Gossip Junkie, the number one celebrity gossip App in the App Store. Gossip Junkie is currently for sale through the App Store for use on the iPhone® and iPod® Touch.
Are you a Gossip Junkie who loves to get the latest celebrity news from sites like Perez Hilton, E! News, TMZ or US Weekly? If so, Gossip Junkie is perfect for you. With just the touch of your finger you can spend more time browsing all of the popular celebrity news sites and reading about your favorite celebrities. No longer do you have to type in the web address or thumb through your bookmarks & icons to read all of your celebrity dirt. Gossip Junkie provides one touch access to 19 celebrity news sites including: E! Online, OK! Magazine, NY Post Page Six, People, Perez Hilton, Star Magazine, TMZ and US Magazine.
According to PositionApp, Gossip Junkie is ranked in the Top 300 paid Apps in its respective category in over 50 countries worldwide, making it the number one Gossip App in iTunes. Interestingly enough, the top country for celebrity news through Gossip Junkie this week is Chile, where the App ranks in the top 140 overall paid Apps. In the United States, Gossip Junkie ranks 12th in paid news Apps where it has spent the last six months in the Top 25. Currently, Gossip Junkie ranks in the Top 25 paid news Apps in Australia, Canada, UK and Brazil. From Slovenia to Guatemala, from Slovakia to China, everyone loves gossip and everyone loves getting their celebrity news from Gossip Junkie.
Adding to its growing roster of premium iPhone Apps, Wizzard Media acquired the rights to this highly regarded App from iPhone EZ Apps based solely on its future sales potential and targetability through Wizzard’s podcast marketing and distribution network. Marketing efforts for Gossip Junkie will target female audiences through comedy, entertainment, music, lifestyle and fashion podcasts on the Wizzard Media Network. Wizzard has focused its recent App acquisition efforts on quality, timeless Apps that match up well with highly targeted podcast audiences generating Wizzard, App developers and podcasters revenue for the promotion and sale of the Apps.
This announcement represents continuing progress for Wizzard’s expanded monetization plan for its podcasting network of over 12,000 podcast producers and their 18 million unique monthly viewers and listeners, approximately 70% of whom use iPods and iPhones to subscribe and download their favorite podcasts. Wizzard plans to continue to acquire the rights of high quality Apps to provide podcast producers with a continuous stream of relevant, paid advertising for their episodic shows and provide App developers and Wizzard with increased sales revenues.
To learn more about Gossip Junkie, click here. All Wizzard Apps can be found in the iTunes App Store by searching for ‘Wizzard Media’. To learn more about iPhone EZ Apps please click here.
About Wizzard Media: Wizzard Media provides podcast publishers with distribution and monetization services. Our clients include Microsoft, National Geographic, Harvard Business Review, Usher, NPR and more than 12,000 others who use Wizzard Media products to measure their podcast audience, deliver popular audio and video entertainment and monetize their content through advertising and App sales. In 2009, the Wizzard Media Network received over 1.4 billion podcast requests from approximately 50 million people worldwide through iPods, iPhones, iTunes, Zune and many other devices and destinations. We are part of a publicly held, Pittsburgh based company with thousands of shareholders and a world-class team. Visit us on the web at www.wizzardsoftware.com/media, email us at contact@wizzard.tv.
Legal Notice Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.
iPod, iPod Touch, iPhone and iTunes are all registered marks or trade names of Apple, Inc
Elysium Internet Posts First Ever Monthly Operating Profit on Record Traffic, Call Volume and Appointment Levels
TAMPA, FL -- (Marketwire) -- 03/04/10 --
Elysium Internet, Inc. (PINKSHEETS: EYSM), an emerging leader in performance-based local online advertising, today announced that during the month of February the Company posted its first ever monthly operating profit.
Elysium Internet Founder and Chief Executive Officer Scott Gallagher commented, "I am very pleased with our operating results achieved so far for Q1. We fully expect the current trends to continue into March and throughout the rest of 2010. Additionally, the significant improvement in our operating results and network traffic compared to the same period a year ago reflect our continuing efforts to adapt and improve our business model and overall strategy." Gallagher went on to say, "In addition to turning a profit in February, both our call volume and appointment levels continued to post strong double digit growth rates. We generated gross profit margins of 68%. Our year-over-year network traffic increased by more than 550% and we've identified several new opportunities to further monetize our traffic and grow profits heading into March and Q2."
Elysium's leading network sites for February were www.Podiatrists.com, www.Chiropractor.net and www.Therapists.net.
About Elysium Internet, Inc.
Elysium Internet is an emerging leader in the local direct navigation/Internet media space. The Company is building a direct navigation based Internet advertising network. Elysium builds targeted professional directories over category killer Dot Com and Dot Net domain names such as www.Podiatrists.com, www.Chiropractor.net, www.Psychiatrists.com, www.Pediatricians.com, www.Auditors.com, www.Therapists.net, www.Dietitians.net, www.TheDirectory.com and others. For more information visit the Company web site www.ElysiumInternet.com. Review the Company's quarterly, annual and other filings with the Securities and Exchange Commission at http://www.SEC.gov or www.PinkSheets.com.
Forward-Looking Statements
Certain statements contained herein are "forward-looking" statements (as defined -- Private Securities Litigation Reform Act of 1995). Elysium Internet, Inc. cautions that the statements made in this press release constitute forward-looking statements and no guarantees of future performance and actual results or developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at time the statements are made.
Media Inquires Contact:
Scott Gallagher 727-417-7807 Email Contact
Thursday's Picks NSFE, GMPM, SHAR, DMPD. ALSO KEEP AN EYE ON DKAM, FECOF, RVSIQ, SSEV
Happy I got in this one today even it was on the top. If they play their cards right pps valuation should easily be above a dollar.
zambia123, with that GMPM News...
I've been aware of GMPM for months as Rigatoni told me about it a while back. I must admit though, I was not expecting for them to drop news of a $48 million contract. That news is huge!
v/r
Sterling
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