In Florida overlooking the Intercoastal Waterway..
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every one in jail yet?????
That’s for damn sure,, I’ll never forget him.. Costco adversity,, good stock picker and a pro Swing Trader.. RIP Hank
BTW,, I'm alive and well.. This seems so long ago but I'm sure HWEB read it.. Patience is the real investors best tool.. hank
10 bagger Member Level Wednesday, May 20, 2015 12:35:49
AMPG - AmpliTech Group Reports First Quarter Profit
NEW YORK, May 20, 2015 /PRNewswire/ -- AmpliTech Group, Inc. (OTC-QB: AMPG) filed their 10-Q for the first quarter of 2015. CEO Fawad Maqbool stated, "AmpliTech Group has been following a path towards reducing its debt and operating expenses as well as increasing its bookings and revenue. We have taken great strides towards our goals as stated in our previous press releases and I am pleased to report the highlights of those advances below."
Net consolidated profit and EBITDA of $48,000 vs. net loss of $82,000 in 1Q 2014
Increase in revenue by 7% vs. 1Q 2014's revenue
Decrease in Cost of Goods (COGS) by 16%
Increase in gross profit by 34%
Minimal payables and no convertible or long term debt
Reduction of interest expense
Reduction of overall liabilities by 17%
Mr. Maqbool also stated, "It is evident that the company has 'turned the corner' as shown by its overall performance and growth this year. Our bookings have been increasing so we expect that we can sustain this performance with increased profitability for the rest of the year. We further anticipate that our new product development and planned joint ventures will also help to keep us on the path to growth and technical excellence."
About AmpliTech Group, Inc.
AmpliTech Group, Inc. designs, develops, and manufactures custom and standard state-of-the-art RF components for the Domestic and International, SATCOM, Space, and Military markets. These designs cover the frequency range from 50 kHz to 40 GHz - eventually, offering designs up to 100 GHz. AmpliTech also provides consulting services to help with any microwave components or systems design problems. Our steady growth over the past 13+ years has come about because we can provide complex, custom solutions for nearly ANY custom requirements that are presented us. In addition, we have the best assemblers, wires, and technicians in the industry and can provide contract assembly of customers' own designs. Click here to view AmpliTech video. Website: http://www.AmpliTechinc.com
http://www.prnewswire.com/news-releases/amplitech-group-reports-first-quarter-profit-300086307.html
What happens is important because just before the buyout they could raise the amount to 10X what it is today. 8.5 Mil. to 1 Bil in less than 3 years is some dil.. 10 Billion would be but 10X that..
For defibrillator implants we have to use larger amounts of conscious sedation because we need to test the device. We put the patient into a cardiac arrest and use the defibrillator to shock the patient to normal rhythm. That may sound scary, but in fact that is a very safe procedure. We are prepared for all consequences, and it is something necessary. It requires a deeper sedation during the time of the testing of the device. For biventricular devices, in which we place leads into the left side of the heart through a vein, the devices and the leads are more complicated to put in. The implants are more challenging and they take longer.
Restarting The Heart After Surgery… A Fear For Barbara’s Husband
Posted by Adam Pick, August 5, 2008
I’ll never forget my reaction when Doctor Vaughn Starnes explained to me the procedure for cooling, stopping and restarting my heart.
“So let me get this straight,” I emphatically questioned the gray-haired guru, “You’re going to stop my heart, cool it, fix it and then restart it using an electric shock?”
Doctor Starnes paused, looked calmly into my eyes and then replied with a simple, unemotional one-word response, “Yes.”
“Ohhhhhhhhh-kaaaaaay,” I slowly muttered in a humble daze as I pondered the magic of modern medicine.
Dr. Vaughn Starnes Using A Defibrillator To Restart Patient’s Heart
After this doctor-patient exchange, I processed the facts quickly. My sternum would be broken. My heart would be stopped. I would be put on a heart-lung machine. My heart would be cut. My aortic valve would be replaced. Then, my heart would be restarted with a defibrillator. Needless to say, those facts generated MASSIVE AMOUNTS OF FEAR in me.
Today, I know this fear is common in most patients and most caregivers. Barbara just wrote to me, “Adam – I am writing because my husband is scheduled for aortic valve replacement in two weeks. He has some fears even though we have confidence in his surgeon and cardiologist (Richard Shemin will be his surgeon at UCLA, and Larry Yeatman is his cardiologist at Santa Monica- UCLA). His fear is that his heart will not start-up after it is stopped during the surgery.” Barbara concluded with, “Is this a common fear?”
As I have written before, fear can be transformed into a helpful acronym – F.E.A.R = Fantasized Experiences Appearing Real. On that note, you should know that I have yet to personally hear of one patient whose heart failed to restart following cardiac surgery.
I hope this helps decrease the fears associated with hearts failing to restart following heart valve surgery.
Keep on tickin!
KLYG.. Could be but I'm hooked and can't let go.. From what I know I think I'm OK but silence doesn't make me feel any better.. BTW I'm done buying until I see them again in Aug.. hopefully there will be tax selling at years end.. hank
Where did you get this info..???
Since they are not in St. Louis what difference does it make that you went to St. Louis..???
Opps... Must of posted on the wrong board..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110062920
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109945315
The first of many.. $0.10 before the years out..
Wow,, I'm always wondering why it takes so long for some to come up with reality and change their views on this company.. the only thing that keeps this money grabber alive and giving it ability to continue to scam is that they have sales and questionable earnings.. Non audited and a close lipped trans. agent along with a few half truths is all that is needed to reach the newbees for another sale of stock to pay off the debt created by friends of the company.. Who even knows if they actually ever even loaned the money to the company ,, but instead gave them pledges or IOU's.... hank..
ACGX.. $0.0015.. This is an e-mail still worth reading from almost 36 Months ago.. At that time ACGX had but 8.5 Million shares outstanding with a healthy balance sheet.. In fact they had the ability to pay off all debt and still have a great balance sheet..
ACGX at that time released that they would earn $0.12 per share but why was still selling at less than $0.02 per share.. Now we know,, dilution has and continues to destroy the value per share each and ever shareholder has.. Nothing has changed,, even the amount of debt owed except now there are 750,000,000 shares outstanding and another 800,000,000 that may be possible thru the conversion of the presidents position in ACGX..
Since only the preferred shares vote and none others have any voice making it in actuality if all but one share of the preferred is converted that one share and the person that owns it is still in control.. below is a copy of that E-Mail which has appeared many times on this board..
Since then they sold STLK an almost empty shell and for some reason the sale made ACGX lia. for $250,000.00 in additional debt.. A little DD will show where and who had majority control of the shell at the time of the sale.. hank
===========================================================
Hello
During the last 5 years everyone has had a different experience with our company depending on when they bought or sold and what their trading style is or was. We have to remember the stock has only been reversed 1 time in the last 5 years and we survived the recession and a very difficult time for the market and for small businesses - 2008 to 2011 was especially a challenging time for all of us.
People seem to forget I took over as CEO in June of 2008 when the company was doing horrible. They had very low revenues, big losses and a lot of debt. I cut just about everything and everyone, closed offices and starting building a foundation to build off of. I built it up from around $100,000 in revenue and a loss to about $10,000,000 in revenue with solid profits of about $800,000 in net income in only a few years and Now is our CEO as of Dec 21, 2011 and I am the General Counsel.
Now in order to build the company I had to make a lot of very hard decisions and be very aggressive. I entered into some joint ventures that started off strong and eventually had to be dissolved because of a change in their management. We also had some friends and family invest using the 1 year hold convertible note method to avoid any direct funding from issuing shares and cause big dilution quickly by using the 504 or Reg A to sell shares directly for cash causing an instant dilution. Although it helped to delay dilution for over a year eventually some of the investors wanted to get some of their money back. Unfortunately the stock was trading so low that when they started to convert their notes, the dilution went up, and the price went down and the MM’s crushed us and shorted us and naked shorted us into we were cellar boxed in at .0001. This hurt me, the company, the investors and the shareholders - no one wanted this to happen and we tried to fight it the entire time but eventually had no other options.
After being stuck at .0001 for a long time with no real options left we reluctantly did a reverse split to help get us to a better trading area away from the naked short sellers. This was done in November of 2010 (About 18 months ago). So we have done 1 reverse total in the last 5 years. since then DTC has been difficult and will not allow electronic deposits so some brokers will not let people buy and sell via certificate form so it has probably scared away some traders. However, we haven’t issued a single share in about 8 months and now have a very stable and profitable company with a very low float.
I hope people will look beyond the stereotypes of what they think happened and look at the facts and the documented transactions and realize the company and myself personally lost as much or more money than anyone by being public vs. private and we have still tried to do everything we could and can to put us in a better situation despite the naked shorters, the DTC and the paid bashers.
I think we have done a great job controlling the dilution, increasing the revenues and profits and by sharing more information with the public to help people make better informed decisions. The reverse was 18 months ago and the company currently has only 8.4 mil shares in the float with over $9 mil in revenue and almost $800k in net income. There is zero reason for anyone to even think about a reverse since it is not something a company wants to do and wouldn't make any sense to do at this point. We all have the same common goal and the better the company does and the stock does the better the chance we can all make more money in the future.
The crazy thing is if everyone who lost money and is bashing me or the company ALL got together and bought a ton of stock tomorrow to average down their investment the stock would probably go to 10 or 20 cents and they could probably make a lot of their money back. I am not in any way saying that will happen or recommending anyone do that but I'm just saying when people and companies go through difficult times we are all stronger when working together to accomplish the same common goal of helping people make some of their money back.
Everyone needs to do their own research, their own DD, form their own opinions and make their own decisions but I hope things continue in the right direction.
Also keep in mind I have offered to listen to every basher by asking them to email me directly and go over any suggestions or ideas to make things better and only 1 or 2 bashers have ever emailed me directly in the past few years so that tells me they are not real bashers with real concerns that are looking for real solutions but rather just paid bashers trying to help the shorters and whoever is paying them.
Could not of said it better myself..
This e-mail will almost make you cry..
This is an e-mail worth reading from almost 36 Months ago.. It is at present a sticky. At that time ACGX had but 8.5 Million shares outstanding with a healthy balance sheet.. In fact they had the ability to pay off all debt and still have a great balance sheet..
ACGX at that time released in a PR that they would earn $0.12 per share but why was still selling at less than $0.02 per share.. Now we know,, dilution has and continues to destroy the value per share each and ever shareholder has.. Nothing has changed,, even the amount of debt owed except now there are 750,000,000 shares outstanding and another 800,000,000 that may be possible thru the conversion of the presidents position in ACGX..
Since only the preferred shares vote and none others have any voice making it in actuality if all but one share of the preferred is converted that one share and the person that owns it is still in control.. below is a copy of that E-Mail sent from the company (ACGX) which has appeared many times on this board..
Since then they sold STLK an almost empty shell and for some reason the sale made ACGX lia. for $250,000.00 in additional debt.. A little DD will show where and who had majority control of the shell at the time of the sale.. hank
===========================================================
Hello
During the last 5 years everyone has had a different experience with our company depending on when they bought or sold and what their trading style is or was. We have to remember the stock has only been reversed 1 time in the last 5 years and we survived the recession and a very difficult time for the market and for small businesses - 2008 to 2011 was especially a challenging time for all of us.
People seem to forget I took over as CEO in June of 2008 when the company was doing horrible. They had very low revenues, big losses and a lot of debt. I cut just about everything and everyone, closed offices and starting building a foundation to build off of. I built it up from around $100,000 in revenue and a loss to about $10,000,000 in revenue with solid profits of about $800,000 in net income in only a few years and Now is our CEO as of Dec 21, 2011 and I am the General Counsel.
Now in order to build the company I had to make a lot of very hard decisions and be very aggressive. I entered into some joint ventures that started off strong and eventually had to be dissolved because of a change in their management. We also had some friends and family invest using the 1 year hold convertible note method to avoid any direct funding from issuing shares and cause big dilution quickly by using the 504 or Reg A to sell shares directly for cash causing an instant dilution. Although it helped to delay dilution for over a year eventually some of the investors wanted to get some of their money back. Unfortunately the stock was trading so low that when they started to convert their notes, the dilution went up, and the price went down and the MM’s crushed us and shorted us and naked shorted us into we were cellar boxed in at .0001. This hurt me, the company, the investors and the shareholders - no one wanted this to happen and we tried to fight it the entire time but eventually had no other options.
After being stuck at .0001 for a long time with no real options left we reluctantly did a reverse split to help get us to a better trading area away from the naked short sellers. This was done in November of 2010 (About 18 months ago). So we have done 1 reverse total in the last 5 years. since then DTC has been difficult and will not allow electronic deposits so some brokers will not let people buy and sell via certificate form so it has probably scared away some traders. However, we haven’t issued a single share in about 8 months and now have a very stable and profitable company with a very low float.
I hope people will look beyond the stereotypes of what they think happened and look at the facts and the documented transactions and realize the company and myself personally lost as much or more money than anyone by being public vs. private and we have still tried to do everything we could and can to put us in a better situation despite the naked shorters, the DTC and the paid bashers.
I think we have done a great job controlling the dilution, increasing the revenues and profits and by sharing more information with the public to help people make better informed decisions. The reverse was 18 months ago and the company currently has only 8.4 mil shares in the float with over $9 mil in revenue and almost $800k in net income. There is zero reason for anyone to even think about a reverse since it is not something a company wants to do and wouldn't make any sense to do at this point. We all have the same common goal and the better the company does and the stock does the better the chance we can all make more money in the future.
The crazy thing is if everyone who lost money and is bashing me or the company ALL got together and bought a ton of stock tomorrow to average down their investment the stock would probably go to 10 or 20 cents and they could probably make a lot of their money back. I am not in any way saying that will happen or recommending anyone do that but I'm just saying when people and companies go through difficult times we are all stronger when working together to accomplish the same common goal of helping people make some of their money back.
Everyone needs to do their own research, their own DD, form their own opinions and make their own decisions but I hope things continue in the right direction.
Also keep in mind I have offered to listen to every basher by asking them to email me directly and go over any suggestions or ideas to make things better and only 1 or 2 bashers have ever emailed me directly in the past few years so that tells me they are not real bashers with real concerns that are looking for real solutions but rather just paid bashers trying to help the shorters and whoever is paying them.
--------------------------------------------------
It almost makes one feel sorry for the management,, It's all the fault of those that publish facts because they are the real bashers..
It seems as though they find a few newbee's to screw usually before they sell more shares.. As to the piece of crap before this (IVIT) it had in it all the same printing assets as does ACGX..
I'm pretty well done warning anyone anyway because those that seem to recycle all the same info over and over again will have to learn the hard way.. Take a moment and read my sticky.. BTW have you noticed that few are left holding the bag.. $0.000's are on the way unless they decide to do one last squell out of the pig..
I almost find it funny that facts are considered bashing and old news that was manufactured for the purpose of selling stock to the newbee's the thrth w/o any verification.. Ever wondered why the transfer agent will not tell you how many shares are outstanding..?? .. hank
You should not be surprised as they are really nothing more than a copying center in a large city.. Each new company that seems to use their services for 25 or 1 Million copies seems to be come a client.. Looks good but if you call any of their clients it appears they are/may be unfamiliar with them..
Transparency is not their goal.. But selling stock W/O updating share holders they are good at.. It was said in the latest non-conference that a Auth. share increase would come soon rather than later.. Well it's later.. hank
If you let history become part of your DD as in the sticky you then can't believe a thing.. Just like the company that was built from scratch to 100 Million (that no one seems to be able to find) that was touted as showing the ability of management to grow ACGX,, leaves too many doubts.. In the last year they doubled shares outstanding w/o any change Lia. or more cash on the books..
During the past few day's far too many blocks have held down any upwards price in the stock and reloads by the converters are $0.0007 when the stock trades at $$0.001.. I think that $0.0006 is possible giving them conversion ability at $0.00045.. The new preferred have NO restrictions as to how many may be converted.. hank
Could not of said it any better.. ACGX's ability to do it is because they control thru the preferred.. As long as they own 1 share of preferred they control.. $0.000's or $0.01 it's game on for them.. hank
What did I miss..??? Hank
WAG 07/04/2015 00:28 AM EST
Hit the wrong key and CXL. by mistake..
WAG 07/04/2015 00:28 AM EST
On the STLK if the following happened why does ACGX owe over $200,000.00 to STLK down from over $300,000.00..??? This is from the 10K..
On March 5, 2012 ACGX purchased all the issued and outstanding preferred stock in STLK for $25,000
by taking over debt and on September 9, 2012 ACGX entered into a binding LOI to sell all of the
preferred stock in STLK to Versant Corporation. The parties closed on the sale Monday October 15,
2012. The terms of the deal include 3 payments of $25,000 each. The 1st payment was due at closing,
the 2nd payment was due in late November 2012 and the final payment was due in Jan 2013. STLK also
entered into a 6 month consulting agreement with ACG that went until Mid-February 2013. The terms of
that agreement include a total compensation packaging of $10,000 a month in future stock after STLK is a
fully reporting company. Prior to this quarter the Company had received the $25,000 for the first payment
from October 15, 2012, $55,000 for the 2nd and 3rd payments and some Interest during Q2 of 2014 and
nothing for the consulting agreement yet. The Company was one the debtors included in STLK’s recent
3a10 filing where the court approved this action on March 19 2014 to help collect the $50,000 plus
interest for the preferred shares. During the 2nd quarter ACGX was paid $55,000 from the 3a10 group.
During the 3rd quarter the Company was paid the final $5,497.27 for the remaining additional interest.
As for the consulting agreement shares, STLK is now a fully reporting OTCQB company, and has also
reversed its stock, so they should be able to issue shares to ACGX in the near future, hopefully by the end
of 2015. In the meantime interest is being accrued.
On August 14, 2013 ACGX launched a new website www.Print4aCause.com
Print4aCause was founded on the principles of integrity, creativity, compassion and, most importantly,
ACGX.. $0.0011,, 12/31/2014 Numbers from the 10K The total numbers from 2014 are listed below.. I was wrong in my assumption that the earnings were higher.. But in any case they are not $1,000,000 as were stated.. Sorry I took so long to respond but I have been Travling... Since I posted the first qtr results a few posts ago with large losses,, the profit which they claimed FOR THE SECOND QTR,, does not report earnings for six mo's combined ACGX still shows a substantial loss for the first 6 Mo's of 2015.. Was that omission of six mo's earnings a diliberte misrepresentation or just an oversite..??? hank
On the STLK if the following happened why does ACGX owe over $200,000.00 to STLK down from over $300,000.00..??? This is from the 10K..
On March 5, 2012 ACGX purchased all the issued and outstanding preferred stock in STLK for $25,000
by taking over debt and on September 9, 2012 ACGX entered into a binding LOI to sell all of the
preferred stock in STLK to Versant Corporation. The parties closed on the sale Monday October 15,
2012. The terms of the deal include 3 payments of $25,000 each. The 1st payment was due at closing,
the 2nd payment was due in late November 2012 and the final payment was due in Jan 2013. STLK also
entered into a 6 month consulting agreement with ACG that went until Mid-February 2013. The terms of
that agreement include a total compensation packaging of $10,000 a month in future stock after STLK is a
fully reporting company. Prior to this quarter the Company had received the $25,000 for the first payment
from October 15, 2012, $55,000 for the 2nd and 3rd payments and some Interest during Q2 of 2014 and
nothing for the consulting agreement yet. The Company was one the debtors included in STLK’s recent
3a10 filing where the court approved this action on March 19 2014 to help collect the $50,000 plus
interest for the preferred shares. During the 2nd quarter ACGX was paid $55,000 from the 3a10 group.
During the 3rd quarter the Company was paid the final $5,497.27 for the remaining additional interest.
As for the consulting agreement shares, STLK is now a fully reporting OTCQB company, and has also
reversed its stock, so they should be able to issue shares to ACGX in the near future, hopefully by the end
of 2015. In the meantime interest is being accrued.
On August 14, 2013 ACGX launched a new website www.Print4aCause.com
Print4aCause was founded on the principles of integrity, creativity, compassion and, most importantly,
This is from the intro I-Box for the first QTR..
For the three months ended June 30, 2014, ACGX posted a 26% increase in revenues to $3.0 million as compared with $2.3 million for the comparable second quarter of 2013.
The company also swung to profit, reporting net income of $40,165 compared to a prior-year Q2 loss of ($74,850).
Profits are less than quoted by a wide margin,,, 1 million in profits is not a fact,,,
Since their assets are unaudited how do you even know they exist.. Also since assets always equal lia. (Business 101} on any balance sheet the only true measure is Stockholders equity and if you divide that by FULLY DILUTD shares already outstanding ACGX is grossly overpriced.. If it were not don't you think management would buy the shares from the converters.. Money is created by greed and if they knew there was value there they would of not let the shares to of gone from 8.5 million to 750,000,000 when there was always enough funds to pay off the debt..
And then there is the sale of an empty shell STLK that ACGX owed over $300,000.00 to STLK after the sale..?? For What..??
What a wonderful description.. Trips soon..
I wish you well in the future and hopefully ACGX when looked back upon will be but another building block on how to invest profitably.. Take a look at the Value microcaps mother board and especially the findings of KIK.. Good stocks to invest in are like finding a good wine.. Both become an acquired art of patience and proper DD.. It's like some artist's that became overnight sensations taking 25 years to get to that nights special performance... hank
For those unaware of the assets and Lia. were 2 years ago,, someone just posted them in the I-hub. box.. I especially took note of the shares outstanding then.. hank
You are correct but at the non conference call he said the A/S would be increased shortly.. Shortly could of been 5 weeks ago.. I am really surprised that they dipped into the Preferred Piggy bank so soon with so much other debt that should be converted first on the books..
ACGX.. $0.0012..
It will trade once the converters reload,, then you will prob see another release like about something from the Shark Tank that will stir Newbees into the stock and the P&D begins.. Is it not strange that no info has been given about the terms of buying the Paper Vine.. Also ACGX had PR'ed goals of raising $100K last year and $1,000K this year on 10% of some specified sales ... Has anyone seen any release that the money was sent,, as they announced it several times in PR's last year just before the shares outstanding increased by a double.. Volume climbed was 340,000,000 plus on one of those days and stock was/remained unchanged on that day.. hank.. GLTA..
=======================================================
Wade's World Foundation, YHim and Charity4Life Are the Featured Charities
CHICAGO, IL -- (Marketwired) -- 08/15/13 -- Alliance Creative Group, Inc. (http://www.AllianceCreativeGroup.com) (PINKSHEETS: ACGX) is pleased to announce the launching of a new website -- www.Print4aCause.com to help raise money and awareness for multiple charitable causes.
Print4aCause will donate 10% of every website order to the charity of the customer's choice. So, the more you order, the more we donate. Help spread the word and help us reach our donation goals. Like our Facebook page www.facebook.com/print4acause and follow us on Twitter www.twitter.com/print4acause.
Print4aCause's goals are to donate over $100,000 by July 31, 2014 and over $1,000,000 by July 31, 2015.
It's easy to help us accomplish our goals. Just search for the items you need, place your order, pick your charity and round up your order for an additional donation and we'll donate 10% of all website orders plus the rounded up portion to the charity of your choice.
COO & General Counsel of Alliance Creative Group, Paul Sorkin, said, "Our team did an incredible job with creating this website, especially our Director of IT, Sam Bashir. Print4aCause was founded on the principles of integrity, creativity, compassion and, most importantly, giving back. Almost every business owner, especially those in small businesses, have to create multiple items every day-from business cards, letterhead, postcards, flyers, banners, direct mailings and marketing materials. Print4aCause offers the highest quality products with world-class service while focusing on giving back to meaningful causes. We will be marketing this website in print, online and at events so look out for ways you can get involved to help us reach our donation goals. We thank everyone for their support and look forwarding to presenting the compassionate side of printing."
About Alliance Creative Group, Inc.
ALLIANCE CREATIVE GROUP, Inc. (PINKSHEETS: ACGX) is a printing, packaging, procurement and supply chain management company. The Alliance Creative Group utilizes shared resources to create efficiencies between their projects and internal divisions to create quality results and long-term partnerships. The core business areas include packaging, printing, POP/POS displays, creative and design services, direct mail, supply chain management & logistics, brand development, fulfillment, assembly, kitting & strategic marketing. www.AllianceCreativeGroup.com.
About Print4aCause
Print4aCause was founded on the principles of integrity, creativity, compassion and, most importantly, giving back. Almost every business owner, especially those in small businesses , have to create multiple items every day-from business cards, letterhead, postcards, flyers, banners, direct mailings and marketing materials. Print4aCause offers the highest quality products with world-class service while focusing on giving back 10% of all website orders to meaningful causes. www.Print4aCause.com.
About Wade's World Foundation
Dwyane Wade started WWF with a central purpose of promoting the education of children/youth and its' three focus initiatives of literacy, health and fatherhood, Wade's World primarily services the Chicago, South Florida and Milwaukee areas. Over the past six years, they have contributed nearly one million dollars to underserved and underprivileged communities. In 2011 alone, they assisted over 8,000 individuals.
www.WadesWorldFoundation.org.
About YHim
Yhim looks to celebrate life by raising funds and building awareness year-round, focusing efforts around Fathers' Day weekend. Although Yhim was inspired by the passing of one father on Fathers' Day, cancer does not discriminate nor will our efforts. 100% of the funds raised support cutting edge research that will impact us ALL.
www.YHim.org.
About Charity4Life
Charity4LIFE's mission is to provide resources to rehabilitate street kids worldwide. They are a Chicago based 501(c)3 nonprofit devoted to protecting street children and giving them direct access to their basic human rights and a peaceful childhood. They are committed to performing this mission by giving 100% of all public donations directly to the kids by funding the projects in which they are involved. www.Charity4Life.org.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Investor Relations and Media Contact
1-847-885-1800 x 6
info@ACGemail.com
Source: Alliance Creative Group, Inc.
Released August 15, 2013
I'm NOT SAYING ANYTHING.. I JUST REPRINTED FROM THE LATEST 10q... facts are facts.. Reading the 10Q would be helpful.. At president I have no doubt that the A/S is either maxed or even been increased and the converters are biting at the bit to see ACGX lower so they can convert at $0,0005 or less.. hank
[quo/?? What are u saying here?? Did they really dilute @ all time lows or were these restricted?
If they diluted @ 0011s thats pathetic to max out the a/s
Please clarifyquote]
Empire Industries Reports First Quarter 2015 Results
WINNIPEG, MANITOBA--(Marketwired - May 25, 2015) - Empire Industries Ltd. (TSX VENTURE:EIL) today reported its unaudited consolidated financial results for the first quarter ended March 31, 2015. The unaudited consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at www.sedar.com or at www.empind.com.
Summary of the First Quarter 2015 results
•Revenues decreased by $0.5 million, or 1.5% (to $33.2 million from $33.7 million in first quarter 2014)
•Adjusted EBITDA decreased by $0.9 million, or 36% (to $1.5 million from $2.4 million in first quarter 2014)
•Net Loss, after taking into consideration an unrealized loss on forward foreign exchange contracts of $1.9 million, was $0.9 million, versus net income of $1.2 million in first quarter 2014
•The non-cash unrealized foreign exchange loss of $1.9 million in the quarter compares to a loss of $0.6 million in the comparative period relating to outstanding forward foreign currency instruments. This loss resulted from the significant decline of the Canadian dollar incurred during the period as compared to the rates negotiated in the underlying contracts.
•Net Loss was $0.003 per share, versus net income per share of $0.005 in first quarter 2014
•Backlog of $195 million at March 31, 2015, up from $155 million at December 31, 2014
For the quarter and year ended March 31
Q1 Q1
($millions except share price and per share amounts) 2015 2014
Financial Results
Revenue 33.2 33.7
Adjusted EBITDA ($)1 1.5 2.4
Net income (loss) from all operations, after unrealized foreign exchange loss of ($1.9 million; $0.6 in 1st quarter 2014) (0.9 ) 1.2
Financial Position (at March 31)
Total assets 74.5 49.3
Long-term debt (including current portion) 2.9 3.5
Shareholders' equity 21.1 16.6
Per Share Information
Income per share (Basic) $ (0.003 ) $ 0.005
Income per share (Diluted) $ (0.003 ) $ 0.005
1 Adjusted earnings (loss) before interest, tax, depreciation and amortization (Adjusted EBITDA) is not defined by IFRS. The definition of Adjusted EBITDA does not take into account the Group's share of profit of an associate investment, gains and losses on the disposal of assets, fair value changes in foreign currency forward contracts and non-cash components of stock based compensation. While not IFRS measures, Adjusted EBITDA is used by management, creditors, analysts, investors and other financial stakeholders to assess the Group's performance and management from a financial and operational perspective.
"The first quarter was negatively influenced by tighter margins on steel fabrication work and lower sales of hydrovac trucks both of which are reflective of a challenging economic environment in Alberta. The Media Based Attractions had a good quarter, and was similar to the first quarter of 2014," said Guy Nelson, CEO. " I expect our Media Based Attractions to continue to strengthen as we work through our record backlog and to offset the headwinds we expect to continue to feel in our domestic businesses operating in Alberta."
About Empire Industries Ltd.
Empire Industries Ltd. manufactures specialized engineered products and sells these products domestically and in select international export markets. The company has developed, designed and engineered products for the rapidly growing, global, media based attractions market. The company also manufactures and sells hydrovac trucks and provides steel fabrication & installation services, primarily to the industrial, commercial and infrastructure market in Western Canada. The company also has two key strategic equity partnerships; a 49% ownership of ACE Industrial Services that operates in the oil sands industrial maintenance services market, and a 45% ownership of a Chinese joint venture company in the steel fabrication market in Asia. Empire's common shares are listed on the TSX Venture Exchange under the symbol EIL.
For more information about the Company, visit www.empind.com.
Reader Advisory
This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Empire's business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". These forward looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this press release, and Empire assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Empire Industries Ltd.
Guy Nelson
Executive Chairman & CEO
(416) 366-7977
gnelson@empind.com
Empire Industries Ltd.
Allan Francis
VP Corporate Affairs & Administration
(204) 589-9301
afrancis@empind.com
The filing authorized up to 2,000,000 Preferred Series H shares to be possibly issued in the future.
This is not a public offering and if any shares are issued it will be to accredited investors with existing
relationships with the company. This may allow the company to raise future capital via equity shares
rather than through debt. It may also allow the company to potentially utilize these shares to help close
potential future mergers or acquisition opportunities if needed.
I SEE NOTHING IN MY POST THAT REFERS TO ANY PRIOR POSTS..
How can you call it gradual when the shares exploded from 8.5 million to over 749,000,000 in less than 3 years..??? Earnings were $0.12 per share then.. WHAT ARE THEY NOW..???