Yes, management is reverse splitting and taking the company private. One of the few reverse splits that was GOOD for investors.

Cheers!

ABIX: Effective tomorrow, 1-40,000 R/S; Holders of fractional shares resulting from the R/S shall be paid condideration of $14.75 per share based on the number of shares of common stock held immediately prior to the effective date of the R/S **

http://www.otcbb.com/asp/dailylist_detail.asp?d=10/04/2012&mkt_ctg=NON-OTCBB

This stock was really really good to me... Now going private!

Stock is very steady, will try to accumulate in single digits for the next run.

Really shows how well managed the company is, for price to hold up with years between hurricane strikes.

Holding all gains

ABATIX CORP. Announces Common Stock Repurchase Plan

Abatix Corp (PL) (USOTC:ABIX)
Intraday Stock Chart
Today : Thursday 28 July 2011
ABATIX CORP. Announces Common Stock Repurchase Plan
PR Newswire

MESQUITE, Texas, July 28, 2011

MESQUITE, Texas, July 28, 2011 /PRNewswire/ -- ABATIX CORP. (OTC Pink: ABIX) today announced the Board of Directors has authorized the use of currently available cash to repurchase up to $2,000,000 of the Company's common stock.

Stock repurchases under this program may be made through privately negotiated transactions during 2011. In addition, the Company may purchase stock through open market transactions. This program begins immediately, but could be suspended and restarted at any time, without prior notice. The pricing, timing and actual number of shares repurchased will depend upon market conditions and other factors.

ABATIX CORP. is a full line distributor of safety equipment, industrial supplies and construction tools and supplies to the environmental, industrial, construction, restoration and manufacturing industries. The Company currently has nine distribution centers in Dallas and Houston, Texas, in San Diego, San Francisco and Los Angeles, California, in Phoenix, Arizona, in Seattle, Washington, in Las Vegas, Nevada and in Jacksonville, Florida. These distribution centers serve customers throughout the Southeast, Southwest, Midwest, Pacific Coast, Alaska and Hawaii.

SOURCE ABATIX CORP.

If a cane hits this stock will move still higher

Still holding the 10's

Stock price has been revalued by the market.

ABIX holding gains from last 10Q filed.

It looks 51% good to me... Should start a nice run, imo.

The annual report came out today and the number dont look bad...

Not sure what just caused it to hit $10, but I love it!!! Not selling either...

Anyone that dedicated to a stock, deserves to hit it BIG. I dont have stock just looking in on it. Good Luck

$6.75 now... looking great for this time of year!

Up to $6.50 and so, so thin.

Creeping higher and higher... My recent buys are starting to look nice!

Lotta trading volume for this one today.

Stock is getting really cheap here, 10Q should show some earnings despite the big money making event that would have soared the stock.

They were on Nasdaq, I'm not sure why they went pink, would love to see em go back and they probably will.

Really hard to get shares, but I've been bid sitting and got some!

why dont they list on Nasdaq then?

Blow-out earnings - nice! ABATIX CORP. Reports Operating Results for Second Quarter of 2010
Date : 08/10/2010 @ 5:05PM
Source : PR Newswire
Stock : ABATIX CORP (OTC) (ABIX)
Quote : 6.21 0.0 (0.00%) @ 5:25PM


ABATIX CORP. Reports Operating Results for Second Quarter of 2010
ABATIX CORP (OTC) (USOTC:ABIX)
Intraday Stock Chart
Today : Tuesday 10 August 2010
ABATIX CORP. (Pink Sheets: ABIX) today announced net sales of $16,236,000 for the second quarter of 2010 increased 12.8% from net sales of $14,395,000 for the second quarter of 2009 and net earnings of $387,000 or $.21 per share in 2010 increased from net earnings of $249,000 or $.14 per share in 2009. Net sales of $30,516,000 for the first six months of 2010 increased 8.2% from net sales of $28,213,000 in the first six months of 2009 and net earnings of $499,000 or $.28 per share in 2010 increased from net earnings of $189,000 or $.10 per share in 2009.ABATIX CORP. is a full line distributor of construction supplies, fire and water restoration equipment, safety equipment for the industrial manufacturing industry and environmental equipment and supplies for the remediation industry. The Company currently has nine distribution centers in Dallas and Houston, Texas, in San Diego, San Francisco and Los Angeles, California, in Phoenix, Arizona, in Seattle, Washington, in Las Vegas, Nevada and in Jacksonville, Florida. These distribution centers serve customers throughout the Southeast, Southwest, Midwest, Pacific Coast, Alaska and Hawaii.

ABATIX CORP.

SELECTED FINANCIAL INFORMATION

(Unaudited)


Three Months Ended
Six Months Ended

June 30,
June 30,

2010
2009
2010
2009


Net sales
$ 16,236,389
$ 14,394,695
$ 30,515,586
$ 28,213,413

Cost of sales
(11,400,762)
(10,054,080)
(21,466,539)
(19,720,906)

Gross profit
4,835,627
4,340,615
9,049,047
8,492,507

Selling, general and administrative

expenses
(4,185,573)
(3,933,394)
(8,217,289)
(8,148,559)

Operating profit
650,054
407,221
831,758
343,948

Other expense, net
(6,088)
(2,851)
3,786
(21,558)

Earnings before income taxes
643,966
404,370
835,544
322,390

Income tax (expense)
(256,498)
(154,908)
(336,755)
(133,622)

Net earnings
$ 387,468
$ 249,462
$ 498,789
$ 188,768


Basic and diluted earnings per share
$ .21
$ .14
$ .28
$ .10


Basic and diluted weighted average

shares outstanding
1,806,416
1,811,148
1,807,689
1,811,148


As of:

June 30,
June 30,

2010
2009

Current assets
$ 21,953,783
$ 18,580,244

Total assets
$ 23,010,927
$ 19,684,304

Current liabilities
$ 6,792,425
$ 4,444,692

Total liabilities
$ 6,792,425
$ 4,444,692

Total stockholders' equity
$ 16,218,502
$ 15,239,612







SOURCE ABATIX CORP.

I'm looking for earnings in the next 2 weeks, and expecting continued NET PROFITS, so this stock may get more active soon.

ABIX-PROFITABLE NOW-NEW STORES-STOCK BUYBACK - this former NASDAQ company seems to be the ultimate hurricane play for 2010, See sticky post below for company comments on effect of hurricanes and natural disasters on revenues.

To Our Fellow Stockholders:

With respect to 2009, we are especially grateful for the loyalty of our customers and the reliability of our suppliers. In addition, we are thankful for the confidence in our Company from our stockholders and the support we receive from the communities in which we operate.
Although we remained profitable in 2009 when compared to 2008, both sales and profitability were negatively impacted by the following items.
•
There were no significant weather related events in 2009.
•
The recession in the U.S. economy.
During 2008, there were floods in the Midwest as well as a hurricane that made landfall in South Texas and another hurricane that made landfall in Galveston, Texas. These events provided a major source of revenue for the Company, as we assisted in the clean up and restoration process. During 2009, there were no major events to provide an equal level of revenue.
The current recession in the U.S. caused many manufacturers to reduce their production levels and layoff staff. The economic slowdown also caused delays or cancellation of many commercial construction projects.
As a result of the lower revenue levels, we carefully evaluated our company expenses early in 2009. As a result of that evaluation, we made the difficult decision to reduce our level of staff, however; we also made great strides in reducing other expenses so that our current expense levels are better aligned with our current revenue levels. We do not anticipate any improvement in the commercial construction market during 2010.
Our conservative approach throughout the years has kept our debt levels manageable. This management philosophy, combined with our profitability in 2008, afforded us the opportunity to reduce our debt significantly in 2009, in spite of the economic downturn. The reduction of debt has provided us with the financial flexibility and the opportunity to expand our operations. In September 2009, we added a new facility in San Diego, California. In December 2009, we acquired a small business in Jacksonville, Florida. Both of these efforts provide us with the opportunity to better serve our customers.Because revenues have stabilized, our expenses have been reduced and our debt level remains low, the Board approved the repurchase of up to $500,000 of stock during 2010. These purchases can be made in open market or privately negotiated transactions. Although our overall outlook for 2010 remains neutral, we are having some success attacking new markets and will continue to actively pursue new customers in both historical and new markets.
We believe 2010 will provide some opportunities as well as some challenges. Rest assured, that we are prepared to face these challenges and are confident that with the help of our long term investors, customers, suppliers and employees, we will be a stronger company going forward.
Thank you for your continued support.
Terry W. Shaver Gary L. Cox
President, CEO Senior Executive VP
and Stockholder and Stockholder

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=30613

Link where you can see ABATIX headquarters in Dallas, Tx

http://maps.google.com/maps?f=q&hl=en&q=2400+Skyline+Drive,+Suite+400+Mesquite,+TX+75149-1972&ie=UTF8&om=1

Zoom in on the right and check out the large building, all the way to to right.

It's a big spread, only $1.8 million outstanding shares.

thinking of selling my OPTC and replacing it with this stock, whats the spread though can i place an order for $5 a share?

I think Abatix will at least make a bagger from here if a hurricane were to hit a populated area this year, since it's already profitable.

If you remember 2005, IPII ran from $5 to $30 on the hurricane strikes...

I believe ABIX should be in a similar situation, and with only 1.8 million shares outstanding.... It will move fast!

You have your second boardark.. woo hoo!

Abatix Corp. Announces Common Stock Repurchase Plan
Wednesday, 13 Jan 2010
Abatix Corp. announced that the Board of Directors has authorized the repurchase of up to $500,000 of the Company's common stock. Stock repurchases under this program may be made in the open market or through privately negotiated transactions during 2010. This program begins immediately, but could be suspended and restarted at any time without prior notice. The timing and actual number of shares repurchased will depend upon market conditions and other factors. The Company does not anticipate reporting the results of this program except through its quarterly and annual reports. - - - - - (repeated)


http://in.reuters.com/finance/stocks/keyDevelopments?symbol=ABIX.PK

Is it a hurricane play? I found this ....

March 15, 2005, 6:05 p.m. EDT · Recommend · Post:

Abatix Corp. /quotes/comstock/11i!abix (ABIX 6.90, +0.05, +0.73%) shares leapt more than 16 percent after the Dallas maker of tools and industrial safety equipment posted earnings of $214,000, or 3 cents per share, for 2004, up from its profit of $61,000, or 4 cents per share, last year. Sales rose 8 percent for the year to $52.9 million from $48.9 million in 2003. The company said its business benefited from higher sales volume, in part from business related to the hurricanes in Florida, as well as lower labor and certain other costs.

This looks like the Ultimate Hurricane Play stock... already profitable and has locations in Texas and Florida. Already has sales of 56 million dollars per year and only 1.8 million outstanding shares. Check it out, could be one that really takes off if the Cane Season is active.