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ewwwwww
ewwwwwwww...FREddie Kruger!!
Amiworld Announces Key Strategic Initiatives
Friday August 22, 4:20 pm ET
CEO Cites Business Acceleration Program and Commitment to Aggressive Revenue and Earnings Growth
NEW YORK--(BUSINESS WIRE)--Amiworld, Inc. (OTCBB: AMWO - News), an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, today announced several key strategic initiatives for the balance of fiscal 2008 and 2009.
“While the past year has been gratifying in terms of development and the rapid building of revenues, our initiatives over the next year will allow us to realize our aggressive short-term revenue and earnings goals as well as establish a long-term basis to maintain or exceed our outstanding growth to date,” said Mamoru Saito, Chief Executive Officer of Amiworld.
With Amiworld’s primary focus remaining on the expansion of its energy production and distribution facilities to full capacity, management today released several key initiatives that will extend the Company’s high growth through the balance of 2008 and beyond.
Mr. Saito outlined the initiatives for the remainder of fiscal 2008 and for 2009:
* Continuation of announced facilities’ expansion to triple diesel and biodiesel production.
* Establish increased crude and palm oil inventories to meet rising demand from current and new contracts.
* Build oil-trading fleet by leasing and purchasing ships.
* Explore plant expansion to establish an in-house 5/95 blending facility.
* Completion of the NASDAQ listing process.
* Work with the Port Authority in Santa Marta, Colombia, to improve infrastructure to facilitate the increased movement of energy products.
“Our global management team’s unique ability to identify outstanding revenue opportunities in the traditional and alternative energy sectors are key to our growth,” said Mr. Saito. “Amiworld intends to become a preeminent energy producer and distributor not only in South America, but worldwide.”
Into 2009 and Beyond
* Triple diesel production to 100,000 barrels per month. Amiworld’s subsidiary Odin Petroil SA has signed a facility expansion contract with FISS Project Development Petroleum LTDA, worth approximately $8.6 million. Once completed in late 2008, the Company’s petroleum diesel production will triple to 100,000 bpm.
* Open new crude oil supply sources. The Company is looking beyond Colombian sources to Venezuela to increase the amount and quality of crude oil to meet demand for its diesel fuel and other energy products. Supply of this type will allow increased production of higher end, higher margin refined products.
* Grow International oil trading and shipping business. The Company has one leased ship scheduled to arrive later this year and intends to add more ships with a plan to establishing its own fleet. Controlling transport is the key to building a successful oil trading and export business.
* Complete planned expansion of its biodiesel facility. Surplus lands on the site have the potential, depending on licensing considerations, for an in-house 5/95 biodiesel blending facility. Once the biodiesel facility expansion is complete, planned for 2009, the Company expects to produce 108,000 tons per year; triple its current production.
* Conclude application for a full NASDAQ listing. The Company feels that given its rapid growth and potential, this type of high quality market exposure will increase the Company’s visibility, build shareholder value and gain enhanced access to high quality financing opportunities to further accelerate future growth.
Amiworld Reports Record Financial Performance for 2008 Second Quarter
Wednesday August 13, 5:15 pm ET
$3.1 Million in Revenues for Q2 Shows 20% Increase Over Previous Quarter, 75% over Entire Fiscal 2007
NEW YORK--(BUSINESS WIRE)--Amiworld, Inc. (OTCBB: AMWO - News), an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, today reported record financial results for the second quarter 2008 of $3.1 million, a 20% increase over its first quarter and 75% of total revenues for fiscal 2007. The Company reported net income for the second quarter 2008 of $108,000 compared to a loss of $133,000 during the same period of 2007.
Six months fiscal 2008 revenues of $5.6 million represent a 300% increase of the $1.8 million reported for all of 2007.
The record earnings are a result of an aggressive business plan that has seen Amiworld consistently increase quarterly revenues and earnings. As the Company continues with its expansion plans to triple its production of petroleum diesel and biodiesel by Q4 2008 and 2009, respectively, it expects to show revenue and earnings growth for the remainder of 2008 and beyond.
Highlights of Second Quarter Results:
* Revenues of $3.1 million versus $2.5 million for Q1 2008
* First half $5.6 million more than triple entire fiscal 2007 revenues
* Net income of $108,000 compared to a loss of $133,000 for same period in 2007
“While we are extremely pleased with the record growth announced today and our progress to date, we believe that the balance of 2008 will see an exponential increase in both revenues and earnings,” said Mamoru Saito, Chief Executive Officer of Amiworld. “With our plans to triple our production and grow our international oil trading and shipping business, the Company is poised to deliver results that we believe are extraordinary for such a young company.”
The Company recently released guidance that projects significant growth during Q3 and Q4 of 2008, with estimated revenues of approximately $13 million and $24 million, respectively. If these projections are reached, of which there can be no assurance, the Company forecasts Q3 and Q4 estimated earnings of $1 million and $2.3 million, which, based on the current issued and outstanding shares of 23.1 million, are estimated to result in $0.04 EPS for Q3 and EPS of $0.10 for Q4.
Amiworld senior management will discuss the Q2 financial results in further detail and address investor questions in a conference call scheduled for Monday, August 18, at 12 noon Eastern. To participate in the call, US-based callers may dial toll free, 877-407-8035. International callers may dial 201-689-8035. Interested investors can listen to the presentation via the web at http://www.trilogy-capital.com/tcp/amwo/conference.html.
Since inception, Amiworld has a stated goal of delivering outstanding shareholder value by increasing revenues and earnings through company driven initiatives and strategic acquisitions. The Company’s global management team is continually searching for production and distribution revenue opportunities within both the traditional and alternative energy sectors.
The Company has also applied for a listing of its Common Stock on the NASDAQ Capital Markets.
Amiworld Reports Record Financial Performance for 2008 Second Quarter
Wednesday August 13, 5:15 pm ET
$3.1 Million in Revenues for Q2 Shows 20% Increase Over Previous Quarter, 75% over Entire Fiscal 2007
NEW YORK--(BUSINESS WIRE)--Amiworld, Inc. (OTCBB: AMWO - News), an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, today reported record financial results for the second quarter 2008 of $3.1 million, a 20% increase over its first quarter and 75% of total revenues for fiscal 2007. The Company reported net income for the second quarter 2008 of $108,000 compared to a loss of $133,000 during the same period of 2007.
Six months fiscal 2008 revenues of $5.6 million represent a 300% increase of the $1.8 million reported for all of 2007.
The record earnings are a result of an aggressive business plan that has seen Amiworld consistently increase quarterly revenues and earnings. As the Company continues with its expansion plans to triple its production of petroleum diesel and biodiesel by Q4 2008 and 2009, respectively, it expects to show revenue and earnings growth for the remainder of 2008 and beyond.
Highlights of Second Quarter Results:
* Revenues of $3.1 million versus $2.5 million for Q1 2008
* First half $5.6 million more than triple entire fiscal 2007 revenues
* Net income of $108,000 compared to a loss of $133,000 for same period in 2007
“While we are extremely pleased with the record growth announced today and our progress to date, we believe that the balance of 2008 will see an exponential increase in both revenues and earnings,” said Mamoru Saito, Chief Executive Officer of Amiworld. “With our plans to triple our production and grow our international oil trading and shipping business, the Company is poised to deliver results that we believe are extraordinary for such a young company.”
The Company recently released guidance that projects significant growth during Q3 and Q4 of 2008, with estimated revenues of approximately $13 million and $24 million, respectively. If these projections are reached, of which there can be no assurance, the Company forecasts Q3 and Q4 estimated earnings of $1 million and $2.3 million, which, based on the current issued and outstanding shares of 23.1 million, are estimated to result in $0.04 EPS for Q3 and EPS of $0.10 for Q4.
Amiworld senior management will discuss the Q2 financial results in further detail and address investor questions in a conference call scheduled for Monday, August 18, at 12 noon Eastern. To participate in the call, US-based callers may dial toll free, 877-407-8035. International callers may dial 201-689-8035. Interested investors can listen to the presentation via the web at http://www.trilogy-capital.com/tcp/amwo/conference.html.
Since inception, Amiworld has a stated goal of delivering outstanding shareholder value by increasing revenues and earnings through company driven initiatives and strategic acquisitions. The Company’s global management team is continually searching for production and distribution revenue opportunities within both the traditional and alternative energy sectors.
The Company has also applied for a listing of its Common Stock on the NASDAQ Capital Markets.
Some nice revs and guidance there...
HJHO doing well since earnings posted...Would be nice to see a couple bucks on it...GL
Dart,
Do you mind doing a chart for HJHO.OB? It looks like a nice stock bottoming here...
They announced good earnings the other day...
Halcyon Jets Reports Record Financial Performance for Q1 2009
Monday June 23, 4:01 pm ET
Continued Growth Highlighted by $10.2 Million in Revenues for the Quarter as Compared to $12.3 Million for Entire Fiscal 2008
Key Highlights of Record Q1:
-- Record revenues of $10.2 million, a more than $9 Million increase over the $367,000 posted for the start-up quarter the previous year
-- Q1 revenues represent 83% of revenues for entire FY 2008
-- Operating loss declined to 6.9% of revenues, compared to 41.6% for fiscal 2008
Here is the release if anyone is interested:
http://biz.yahoo.com/bw/080623/20080623006227.html?.v=1
Probably a good place to consolidate the stock before big move upwards...
POSC news looks interesting...
Link to news here:
http://biz.yahoo.com/bw/080624/20080624006083.html?.v=1
Dunno if it will go up if it stops trading today.
Falling Off an ETF Seesaw
Surge in Crude Futures Doomed Funds
Designed by Shiller to Exploit Oil Prices
By DIYA GULLAPALLI
May 10, 2008; Page B1
It sounded like a can't-miss idea: a pair of exchange-traded funds developed by a celebrity economist to track crude-oil futures.
One lets investors bet oil prices will rise, the other that they will fall.
But in recent days, creator MacroMarkets LLC announced the funds would terminate at the end of June, cashing out shareholders. This fizzle, after a year-and-a-half run, is one of the highest-profile embarrassments for the growing ETF industry over the past year.
Turns out the funds, the brainchild of famed Yale economist Robert Shiller, were too smart for their own good.
These ETFs, known as MacroShares Oil Up and MacroShares Oil Down, are baskets of assets that trade like stocks.
But they have a unique structure, which was designed to spare the funds the headache and cost of owning the actual commodities.
Instead of owning oil futures as most of its rival ETFs do, the two funds invest in short-term securities such as Treasurys and are equally collateralized at inception.
The two funds were designed to act like a seesaw. When oil rose, the securities would move from the Oil Down ETF, lowering its value, into the Oil Up ETF, raising its value.
The problem was, oil prices were about $60 a barrel when the funds made their debut in November 2006. When oil approached $120, the Oil Down ETF was almost out of money, and the funds' automatic early-termination trigger kicked in.
Under MacroShares' limits, should the settlement prices of Nymex light, sweet crude-oil-futures contracts rise to or above $111 for three consecutive trading days, then the twin ETFs must be dissolved.
That happened in April. Thus their final trading day will be June 25, with the final distribution made on July 3.
Many Oil Up investors could have done better elsewhere. U.S. Oil Fund, an ETF that similarly tracks West Texas Intermediate crude oil but without the complex structure, is up 102% in the past year, compared with 60% for the Up fund shares.
Meanwhile, holders of MacroShares Oil Down have gotten slammed, down 84%, as oil prices have surged.
MacroMarkets says it stands by the paired structure, saying it can help trade unique indexes and avoid hidden counterparty risk.
Its chief executive, Sam Masucci, has said that the products' $300 million in assets and trading volume of over three million shares per day "clearly demonstrate the market's acceptance."
Their creator, Mr. Shiller, didn't respond to requests to comment.
Partly thanks to their complex nature, the funds have been star-crossed from the beginning.
First, they had difficulty finding specialists to help trade them on the American Stock Exchange. Then the funds lost their original marketing agent, Claymore Securities.
The twin ETFs' prices stayed flat for much of 2007, even as oil went higher. Only late in 2007 did the shares start moving, as oil's ascent accelerated.
Trying to entice more investors, the sponsor split the shares, three for one, which made them more affordable.
When the Up shares are redeemed in July, investors who got in early will likely make some money.
They will be cashed out based on the underlying value and not at the lagging price of the ETF.
Anyone buying in now could make as much as 5%. For the Down shares, it's the opposite: Investors in that ETF stand to lose money.
"About the only redeeming feature of the controversial MacroShares" is "that they automatically blow up" at a certain oil-futures-contract price, wrote Greg Newton on markets Web site Naked Shorts recently.
Looked Good on Paper
MacroShares executives disagree. The idea of a commodity-linked ETF would seem to have great allure: It is cheaper, more convenient and less risky than playing with futures.
Staying in the futures game means a contract must be rolled over several times a year. And the chances of losing everything with futures are daunting.
Amid stalling ETF issuance, commodities products are one bright spot. This year, commodity-ETF assets have grown 22% through March to $31 billion, according to State Street Global Advisors. Deutsche Bank AG launched four more exchange-traded notes linked to its proprietary commodity indexes recently.
New Versions
So an undaunted MacroMarkets will try to launch new versions of the Up and Down shares based on 2008's higher oil prices. In addition, the firm is developing a separate pair of securities tracking the cost of medical inflation.
The new generation of $100 Oil Up and $100 Oil Down shares also will be susceptible to a forced closing if oil hits $185 or more for three days, or dips below $15.
Blowing through the ceiling again isn't too far-fetched. Goldman Sachs Group Inc. analysts are predicting that oil could reach as high as $200 a barrel this year.
POSC.OB News
Positron Corporation and Disease Management, LLC Sign Agreement to Co-Develop a Coronary Artery Disease Reversal and Prevention Software Program and Total Disease Management Solution
Tuesday June 24, 12:29 pm ET
HOUSTON--(BUSINESS WIRE)--Positron Corporation (OTC:POSC - News) and Disease Management, LLC have announced an agreement to co-develop a coronary artery disease prevention and reversal software program and total disease management solution.
The product will include a heart disease pre-test risk calculator, a Coronary Disease Reversal and Prevention practice management program, a web-based, patient centric, disease reversal and life style modification program, an interpreting and referring physician portal, as well as a cost efficacy and patient outcomes tracker.
Positron Corporation’s President Joseph G. Oliverio stated, “The development of our heart disease management solution will help us reach beyond our current molecular imaging targeted business to offer a product to payers, self insured corporations, multi-specialty groups, cardiology groups, hospitals and finally direct to the consumer.”
Oliverio also adds that “This is an important step in the growth of our business and the impact on the industry that Positron has been positioning for over the past 2 years. The product introduction will address a first-to-market opportunity in the Coronary Disease Reversal and Prevention sector which strengthens Positron’s core products that are focused on providing accurate, cost effective imaging and disease management solutions. One of our many goals is to offer even the smallest community hospitals the same level of quality of our most experienced users.”
About Positron Corporation
Positron Corporation is a growing healthcare company offering cardiac molecular imaging solutions that will transform the delivery of healthcare through radiopharmaceutical development, advancing imaging technology and by introducing unique disease management applications into the market. Positron Corporation designs, manufactures and sells SPECT, PET and automated dose delivery devices in to the Nuclear Medicine market. Additional information may be found at http://www.positron.com/.
POSC.OB News
Positron Corporation and Disease Management, LLC Sign Agreement to Co-Develop a Coronary Artery Disease Reversal and Prevention Software Program and Total Disease Management Solution
Tuesday June 24, 12:29 pm ET
HOUSTON--(BUSINESS WIRE)--Positron Corporation (OTC:POSC - News) and Disease Management, LLC have announced an agreement to co-develop a coronary artery disease prevention and reversal software program and total disease management solution.
The product will include a heart disease pre-test risk calculator, a Coronary Disease Reversal and Prevention practice management program, a web-based, patient centric, disease reversal and life style modification program, an interpreting and referring physician portal, as well as a cost efficacy and patient outcomes tracker.
Positron Corporation’s President Joseph G. Oliverio stated, “The development of our heart disease management solution will help us reach beyond our current molecular imaging targeted business to offer a product to payers, self insured corporations, multi-specialty groups, cardiology groups, hospitals and finally direct to the consumer.”
Oliverio also adds that “This is an important step in the growth of our business and the impact on the industry that Positron has been positioning for over the past 2 years. The product introduction will address a first-to-market opportunity in the Coronary Disease Reversal and Prevention sector which strengthens Positron’s core products that are focused on providing accurate, cost effective imaging and disease management solutions. One of our many goals is to offer even the smallest community hospitals the same level of quality of our most experienced users.”
About Positron Corporation
Positron Corporation is a growing healthcare company offering cardiac molecular imaging solutions that will transform the delivery of healthcare through radiopharmaceutical development, advancing imaging technology and by introducing unique disease management applications into the market. Positron Corporation designs, manufactures and sells SPECT, PET and automated dose delivery devices in to the Nuclear Medicine market. Additional information may be found at http://www.positron.com/.
Lets see whats in store for tomorrow...
nice gains :)
Record revenues...
Getting hit well so far today...Looks like a good company:
http://www.halcyonjets.com/
And http://www.trilogy-capital.com/tcp/hjho
Getting hit well so far today...Looks like a good company:
http://www.halcyonjets.com/
And http://www.trilogy-capital.com/tcp/hjho
GM, what is hot today???
HJHO Record Revenues!
Halcyon Jets Reports Record Financial Performance for Q1 2009
Monday June 23, 4:01 pm ET
NEW YORK--(BUSINESS WIRE)--Halcyon Jets Holdings, Inc. (OTCBB:HJHO - News), pioneering elite concierge services for the private air travel services industry, reported financial results for its first quarter ended April 30, 2008, highlighted by the Company’s continued growth in revenues to approximately $10 million, representing 83% of revenues for the entire previous fiscal year. HJHO also reported that the Company’s operating loss declined to 6.9% of revenues, compared to 62% for the period the previous year. Approximately half of the Company’s operating loss was due to non-cash items.
HJHO announced the record organic growth in Q1 2009 was the result of a significant rise in client usage of its private travel and concierge services. In the most recent quarter, Halcyon booked 341 trips compared to 17 in Q1 2008. Operating margins also rose 50% to 16.6% as compared to the prior year start-up quarter.
“We are pleased with the results realized through the successful execution of our strategic business plans,” said Mitchell Blatt, Chief Executive Officer of Halcyon Jets Holdings. “Halcyon has consistently produced quarterly growth since inception and today’s announcement, while exciting, represents only the first inning. We are confident that through both organic means and strategic acquisition that Halcyon will continue to set the standard for private air travel both domestically and internationally, delivering consistent and significant shareholder value.”
Halcyon recently announced it signed a Letter of Intent to acquire a majority interest in Beverly Hills-based private aviation firm A-List Jets. This first acquisition by Halcyon would increase its already impressive client list as well as adding A-List’s international business and high-end clientele of its own.
Since its inception in February 2007, Halcyon has become the private air brokerage service of choice for clients in the sports, entertainment and corporate realms. With partners such as professional basketball star Shaquille O’Neal and board member Spike Lee, the experienced management team has garnered an impressive reputation for those who choose to bypass the long lines, the security hassles and schedule delays that have become commonplace in commercial aviation.
About Halcyon Jets Holdings, Inc.
Halcyon Jets Holdings, Inc. (“Halcyon Jets” or “the Company”), operating through its wholly owned subsidiary Halcyon Jets Inc., is a world-class broker of on-demand aircraft services, serving as agent of its customers in arranging for their transportation needs. Halcyon Jets capitalizes on the highest-margin segment of the aviation industry: elite business and luxury travelers who demand the highest levels of service, professionalism and comfort. The Company is committed to building revenues and shareholder value through organic growth as well as possible acquisitions. To serve this growing market, Halcyon has developed a luxury service unique in its ability to create a comprehensive White Glove-Red Carpet travel experience. Halcyon Jets takes pride in having the most flexible card program in the industry, with the lowest cost of entry, as well as the highest level of service. Halcyon Jets has access to a fleet of aircraft reaching thousands of airports, large and small, nationally and internationally. Halcyon Jets does not own or operate the aircraft on which our customer's fly but through business partnerships with the aircraft operators, Halcyon is able to focus exclusively on providing the industry’s most exemplary service. All Halcyon-arranged flights are operated by Federal Aviation Administration certificated Part 135 air carriers that have the highest independently determined safety ratings.
For more information, please visit http://www.halcyonjets.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/hjho.
To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/hjho/quote.html.
To read the Company’s Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/hjho/factsheet.html.
HJHO news...
Halcyon Jets Reports Record Financial Performance for Q1 2009
Monday June 23, 4:01 pm ET
NEW YORK--(BUSINESS WIRE)--Halcyon Jets Holdings, Inc. (OTCBB:HJHO - News), pioneering elite concierge services for the private air travel services industry, reported financial results for its first quarter ended April 30, 2008, highlighted by the Company’s continued growth in revenues to approximately $10 million, representing 83% of revenues for the entire previous fiscal year. HJHO also reported that the Company’s operating loss declined to 6.9% of revenues, compared to 62% for the period the previous year. Approximately half of the Company’s operating loss was due to non-cash items.
HJHO announced the record organic growth in Q1 2009 was the result of a significant rise in client usage of its private travel and concierge services. In the most recent quarter, Halcyon booked 341 trips compared to 17 in Q1 2008. Operating margins also rose 50% to 16.6% as compared to the prior year start-up quarter.
“We are pleased with the results realized through the successful execution of our strategic business plans,” said Mitchell Blatt, Chief Executive Officer of Halcyon Jets Holdings. “Halcyon has consistently produced quarterly growth since inception and today’s announcement, while exciting, represents only the first inning. We are confident that through both organic means and strategic acquisition that Halcyon will continue to set the standard for private air travel both domestically and internationally, delivering consistent and significant shareholder value.”
Halcyon recently announced it signed a Letter of Intent to acquire a majority interest in Beverly Hills-based private aviation firm A-List Jets. This first acquisition by Halcyon would increase its already impressive client list as well as adding A-List’s international business and high-end clientele of its own.
Since its inception in February 2007, Halcyon has become the private air brokerage service of choice for clients in the sports, entertainment and corporate realms. With partners such as professional basketball star Shaquille O’Neal and board member Spike Lee, the experienced management team has garnered an impressive reputation for those who choose to bypass the long lines, the security hassles and schedule delays that have become commonplace in commercial aviation.
About Halcyon Jets Holdings, Inc.
Halcyon Jets Holdings, Inc. (“Halcyon Jets” or “the Company”), operating through its wholly owned subsidiary Halcyon Jets Inc., is a world-class broker of on-demand aircraft services, serving as agent of its customers in arranging for their transportation needs. Halcyon Jets capitalizes on the highest-margin segment of the aviation industry: elite business and luxury travelers who demand the highest levels of service, professionalism and comfort. The Company is committed to building revenues and shareholder value through organic growth as well as possible acquisitions. To serve this growing market, Halcyon has developed a luxury service unique in its ability to create a comprehensive White Glove-Red Carpet travel experience. Halcyon Jets takes pride in having the most flexible card program in the industry, with the lowest cost of entry, as well as the highest level of service. Halcyon Jets has access to a fleet of aircraft reaching thousands of airports, large and small, nationally and internationally. Halcyon Jets does not own or operate the aircraft on which our customer's fly but through business partnerships with the aircraft operators, Halcyon is able to focus exclusively on providing the industry’s most exemplary service. All Halcyon-arranged flights are operated by Federal Aviation Administration certificated Part 135 air carriers that have the highest independently determined safety ratings.
For more information, please visit http://www.halcyonjets.com.
For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/hjho.
To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/hjho/quote.html.
To read the Company’s Investor Fact Sheet, visit http://www.trilogy-capital.com/tcp/hjho/factsheet.html.
My usual suspects:
AMR
CWEI
DRYS
FPP
FSLR
GBR
GOOG
GRMN
HJHO
HOKU
LDK
MF
MXC
NFX
PDO
QID
RCH
RIMM
ROYL
SINO
SOHU
SOLF
SPWR
STEC
UAUA
VLO
VMW
WB
WM
XOM
Several others lol just depends on the day...
What pennies are people watching??
I like POSC
and maybe HJHO on this news After Hours:
Halcyon Jets Reports Record Financial Performance for Q1 2009
Monday June 23, 4:01 pm ET
NEW YORK--(BUSINESS WIRE)--Halcyon Jets Holdings, Inc. (OTCBB:HJHO - News), pioneering elite concierge services for the private air travel services industry, reported financial results for its first quarter ended April 30, 2008, highlighted by the Company’s continued growth in revenues to approximately $10 million, representing 83% of revenues for the entire previous fiscal year. HJHO also reported that the Company’s operating loss declined to 6.9% of revenues, compared to 62% for the period the previous year. Approximately half of the Company’s operating loss was due to non-cash items.
HJHO announced the record organic growth in Q1 2009 was the result of a significant rise in client usage of its private travel and concierge services. In the most recent quarter, Halcyon booked 341 trips compared to 17 in Q1 2008. Operating margins also rose 50% to 16.6% as compared to the prior year start-up quarter.
“We are pleased with the results realized through the successful execution of our strategic business plans,” said Mitchell Blatt, Chief Executive Officer of Halcyon Jets Holdings. “Halcyon has consistently produced quarterly growth since inception and today’s announcement, while exciting, represents only the first inning. We are confident that through both organic means and strategic acquisition that Halcyon will continue to set the standard for private air travel both domestically and internationally, delivering consistent and significant shareholder value.”
Halcyon recently announced it signed a Letter of Intent to acquire a majority interest in Beverly Hills-based private aviation firm A-List Jets. This first acquisition by Halcyon would increase its already impressive client list as well as adding A-List’s international business and high-end clientele of its own.
Since its inception in February 2007, Halcyon has become the private air brokerage service of choice for clients in the sports, entertainment and corporate realms. With partners such as professional basketball star Shaquille O’Neal and board member Spike Lee, the experienced management team has garnered an impressive reputation for those who choose to bypass the long lines, the security hassles and schedule delays that have become commonplace in commercial aviation.
And ITUI?
ITUI
i2Telecom International Expects 2008 Revenues To More Than Quintuple to Over $5 Million
ATLANTA, Jun 23, 2008 (BUSINESS WIRE) -- i2Telecom International, Inc. ("i2Telecom(R)") (OTCBB: ITUI), a developer of award-winning patented and innovative high-quality Voice-over-Internet Protocol ("VoIP") products and services, today announced that it expects revenues from the sale of VOIP products and related services to exceed $5 million in the year ending December 31, 2008, compared with less than $1 million in revenues during 2007.
This anticipated revenue growth will be driven by revenue-sharing and licensing agreements involving the Company's new MyGlobalTalk(TM) technology. In addition, the Company may have the opportunity to realize further profits from the monetization of a portion of its growing intellectual property portfolio. The Company currently has patent applications pending related to over a dozen different additional important VoIP technologies, all of which are deployed today in the Company's VoIP technology offerings.
The Company attributes much of the anticipated acceleration in revenue growth to its new patent-pending MyGlobalTalk(TM) technology, which has been met with great enthusiasm among current and prospective customers.
-- MyGlobalTalk(TM) is an innovative, unique and proprietary software application developed internally by i2Telecom's R&D team.
-- MyGlobalTalk(TM) places Internet telephony in the hands of every cellular phone user, independent of wireless carrier technology, handset manufacturer, or the type of wireless carrier voice/data plan involved.
-- Once MyGlobalTalk(TM) is installed on a cellular handset, users are able to call any telephone in the world directly from their cellular phones using VoIP technology, at a fraction of normal long-distance rates.
-- MyGlobalTalk(TM) utilizes a prepaid, "pay as you go" plan structure and no long-term contract is required.
-- Additionally, MyGlobalTalk(TM) is fully functional without requiring local access to the Internet or proximity to an Internet "hotspot."
-- MyGlobalTalk(TM) users also need not wait for the availability of dual-mode WiFi phones, because MyGlobalTalk(TM) provides the benefits of dual-mode phones at a fraction of the cost, using customers' existing mobile handsets.
-- MyGlobalTalk(TM) does not require carriers to participate, since users can sign-up independently for the service.
"Market response to MyGlobalTalk(TM) has been tremendous, and we anticipate adding a significant number of new customers in the near future," commented Paul Arena, Chief Executive Officer of i2Telecom International, Inc. "The explosive growth in wireless service, with approximately 2.6 billion GSM users worldwide and approximately 220 million cellular users in the United States alone, has greatly expanded the opportunities to access Mobile VoIP technology. MyGlobalTalk(TM) allows users to conveniently make low-cost long distance calls from their cell phones to anywhere in the world."
MyGlobalTalk(TM) has recently received a number of awards, including the 2007 INTERNET TELEPHONY(R) Magazine's 'Product of the Year' Award, the 'Best of Show' Award at the IT Expo East 2008, the 2007 'Product of the Year' Award by Unified Communications Magazine, and the 2007 'Product of the Year' Award by Communications Magazine. MyGlobalTalk(TM) was also the subject of this month's cover story in the leading industry trade journal INTERNET TELEPHONY Magazine.
"The addition of MyGlobalTalk(TM) to our family of proprietary VoIP technology solutions will allow i2Telecom to deliver a unique, low-cost telephony service to businesses and consumers by combining the benefits of unparalleled mobility with VoIP technology," continued Arena. "MyGlobalTalk(TM) is the first VoIP service of its kind and provides higher-level user functionality to wireless users. The VoIP market is transitioning from an 'early adopter' phase into a practical, dependable service offering that meets the telephony requirements of a much broader market, and we believe i2Telecom will emerge as one of the leading independent software development companies in the industry. We believe ongoing changes within the telecom industry will continue to reward innovative and nimble companies."
"Our channel distribution response to MyGlobalTalk(TM) has been very enthusiastic, and negotiations on a number of revenue-sharing and licensing agreements are underway. Based upon contracts and initiatives that are already in place, we expect i2Telecom's revenues to approach $2 million in the third quarter of 2008, or more than double the Company's revenues for the entire year ended December 31, 2007. Revenues should approximate $3 million in the fourth quarter, resulting in full-year 2008 revenues in excess of $5 million," concluded Arena
Nice, what about POSC?
POSC
Positron Corporation Receives Positive Feedback at Society of Nuclear Medicine Meeting
HOUSTON, Jun 19, 2008 (BUSINESS WIRE) -- Positron Corporation (OTC: POSC) (the "Company") recently displayed their molecular imaging and automated radioisotope dose drawing systems at the Society of Nuclear Medicine Meeting in New Orleans, Louisiana. Approximately 3,900 attendees and over 180 exhibiting companies attended the meeting. The Society of Nuclear Medicine meeting is the world's largest event focused exclusively on the latest developments in molecular imaging technology and nuclear medicine based products and services.
"We received a great deal of positive feedback on our recent acquisition of Dose Shield Corporation and the integration of our product portfolio under one brand allowing for the sale of a turn-key solution encompassing imaging system, dose dispensing system, radiopharmaceutical and disease management software," stated Joe Oliverio, President of Positron. "Of particular note," continued Mr. Oliverio, "potential customers were pleasantly surprised to hear of our upcoming market release of an economically priced PET system that is design optimized for cardiology applications We are not aware of any other company selling a PET only into the USA market. We look forward to meeting the demand for a more economical product in cardiac PET, and our goal is to be delivering devices immediately after receiving our FDA 510k approval."
About Positron Corporation
Positron Corporation is a growing healthcare company offering cardiac molecular imaging solutions that will transform the delivery of healthcare through radiopharmaceutical development, advancing imaging technology and by introducing unique disease management applications into the market. Positron Corporation designs, manufactures and sells SPECT, PET and automated dose delivery devices in to the Nuclear Medicine market. Additional information may be found at http://www.positron.com/.
For any additional information contact Positron's President, Joe Oliverio at (281) 492-7100.
SOURCE: Positron Corporation
CONTACT: Positron
Joe Oliverio at (281) 492-7100
What is everyone trading here? You guys still working those options?
POSC nice news and chart!
Positron Corporation Receives Positive Feedback at Society of Nuclear Medicine Meeting
HOUSTON, Jun 19, 2008 (BUSINESS WIRE) -- Positron Corporation (OTC: POSC) (the "Company") recently displayed their molecular imaging and automated radioisotope dose drawing systems at the Society of Nuclear Medicine Meeting in New Orleans, Louisiana. Approximately 3,900 attendees and over 180 exhibiting companies attended the meeting. The Society of Nuclear Medicine meeting is the world's largest event focused exclusively on the latest developments in molecular imaging technology and nuclear medicine based products and services.
"We received a great deal of positive feedback on our recent acquisition of Dose Shield Corporation and the integration of our product portfolio under one brand allowing for the sale of a turn-key solution encompassing imaging system, dose dispensing system, radiopharmaceutical and disease management software," stated Joe Oliverio, President of Positron. "Of particular note," continued Mr. Oliverio, "potential customers were pleasantly surprised to hear of our upcoming market release of an economically priced PET system that is design optimized for cardiology applications We are not aware of any other company selling a PET only into the USA market. We look forward to meeting the demand for a more economical product in cardiac PET, and our goal is to be delivering devices immediately after receiving our FDA 510k approval."
About Positron Corporation
Positron Corporation is a growing healthcare company offering cardiac molecular imaging solutions that will transform the delivery of healthcare through radiopharmaceutical development, advancing imaging technology and by introducing unique disease management applications into the market. Positron Corporation designs, manufactures and sells SPECT, PET and automated dose delivery devices in to the Nuclear Medicine market. Additional information may be found at http://www.positron.com/.
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Forward-looking statements involve risks and uncertainties. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Positron Corporation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied including the success of the Company's research and development efforts, the availability of adequate financing and other uncertainties described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission.
For any additional information contact Positron's President, Joe Oliverio at (281) 492-7100.
SOURCE: Positron Corporation
CONTACT: Positron
Joe Oliverio at (281) 492-7100
Chart looking nice...Liking the RSI
I grabbed a few of these thursday, this thing is cruising...Nice news to boot:
Positron Corporation Receives Positive Feedback at Society of Nuclear Medicine Meeting
HOUSTON, Jun 19, 2008 (BUSINESS WIRE) -- Positron Corporation (OTC: POSC) (the "Company") recently displayed their molecular imaging and automated radioisotope dose drawing systems at the Society of Nuclear Medicine Meeting in New Orleans, Louisiana. Approximately 3,900 attendees and over 180 exhibiting companies attended the meeting. The Society of Nuclear Medicine meeting is the world's largest event focused exclusively on the latest developments in molecular imaging technology and nuclear medicine based products and services.
"We received a great deal of positive feedback on our recent acquisition of Dose Shield Corporation and the integration of our product portfolio under one brand allowing for the sale of a turn-key solution encompassing imaging system, dose dispensing system, radiopharmaceutical and disease management software," stated Joe Oliverio, President of Positron. "Of particular note," continued Mr. Oliverio, "potential customers were pleasantly surprised to hear of our upcoming market release of an economically priced PET system that is design optimized for cardiology applications We are not aware of any other company selling a PET only into the USA market. We look forward to meeting the demand for a more economical product in cardiac PET, and our goal is to be delivering devices immediately after receiving our FDA 510k approval."
About Positron Corporation
Positron Corporation is a growing healthcare company offering cardiac molecular imaging solutions that will transform the delivery of healthcare through radiopharmaceutical development, advancing imaging technology and by introducing unique disease management applications into the market. Positron Corporation designs, manufactures and sells SPECT, PET and automated dose delivery devices in to the Nuclear Medicine market. Additional information may be found at http://www.positron.com/.
Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Forward-looking statements involve risks and uncertainties. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Positron Corporation are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied including the success of the Company's research and development efforts, the availability of adequate financing and other uncertainties described in the "Management's Discussion and Analysis" section of the Company's Form 10-KSB and other reports and filings with the Securities and Exchange Commission.
For any additional information contact Positron's President, Joe Oliverio at (281) 492-7100.
SOURCE: Positron Corporation
CONTACT: Positron
Joe Oliverio at (281) 492-7100
My condolences Drew :(
AGHS breaking out here:
AGHS someone looks short here..Spiking chart below:
Healthy retrace so far; flush a few out and move again...Stock is trading well considering the 7m float...Scooped some this morning I think its a good buy here :)...
Great, post R/S gave everyone an opportunity to sell if they lost faith in the iFinix business model...I took some of those sells and I can say I am very happy...The stock is back to an equivalent price pre R/S and trading nicely...Chart looks great and now is the time they should issue news to attract new buyers!
I made a lot of money on the stock last year and would wear the shirt...I have tested the software and believe it has a marketplace and some fairly compelling features...With that said, I do feel this company has a bright future ahead and there will be a place for it in the online trading segment of the financial markets...To be honest, I don't think there would be so many people bought into the iFinix story if there wasn't...
It would only be back to .000's if there was no confidence from investors...However, if investor support is there the stock will at least have the ability to trade...Currently, the only way for it to trade is with a 100% spread, and I know nobody is interested in buying into a spread like that so there is no way for the stock to gain momentum...An R/S is the only way to promote trading of the stock...If you read through my post you will see that nothing will change in the market capitalization of the company. If people believe they will achieve then we will see capitulation and investor confidence, otherwise it will fall like you mentioned...
Yes, I agree completely. Trust and confidence is by far the number one concern with penny stock investors today. There have been too many scams and too much lost money for investors to put faith into companies making false promises. This is exactly what the penny market was created on and also the reason it is falling apart.
I'll be watching :)
I have noticed that many times pinksheet companies think its a great idea to post financials, and investors expect them to be amazing...When they are not and the company is operating with a loss investors dump the stock quickly...This is a fully reporting stock so they will eventually release them, however, I wouldn't count on them being anything amazing...Since this company is in such infant stages, I would be happy to see a marginal loss to break even...
I'm gonna watch this one this week, I heard a few rumors...I have played it before and made money it looks really cheap...
Yes, your post is IMO a huge concern for management at ifinix...
Lets say they did a 1000:1 RS there would be:
11m os (estimate)
7m float (estimate)
Share price given .0001 (current price) x 1000 = .1
Market Cap= 11,000,000 x .1 = $1,100,000
So basically you would have a stock price of a dime and the stock would be more biddable...Obviously, shareholders that don't want any part of the stock will dump as soon as they see bids and the price will come down, as most R/S stocks tend to do...However, if ifinix had themselves some news of actual substance (best opportunity for company to release news) this would be the time where we have a serious opportunity to make money...If investors still have faith that iFinix' business model is still a profitable investment they will flock here...
If the stock does not R/S then there is no chance for it really to do anything because the spread will be so large and fills will be nearly impossible both buy/sell side...It will continue to stagnate worse and worse and investors will continue their negativity...
I remember when this board was jamming with 500+ posts a day and the stock was trading 250k+ per day...Those were the times when smart traders/investors made big money by taking advantage of such an interesting business model...
How did you guys get these? Can I still get one somehow?
Some charts for the stock I found courtesy of MrBigz (thanks)...I'm going to watch this one this week.