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I guess we can agree to disagree. GL.
TRX going up from here!
TRXX looking good today!
.10 would be awesome today!
Happy Mothers Day to all the Mom investors !!
Like you I still have shares. Good luck.
Information updates on Pink Sheets. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=trxx
TRXX-- Updated to Limited.. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=trxx
TRXX-- Pink sheets now has TRXX as Limited information. http://www.pinksheets.com/pink/quote/quote.jsp?symbol=trxx
TRXX -- Dr. Hufnagel has continued both her medical education and the expansion of her research by obtaining degrees in Alternative and Naturopathic Medicine. As the field of Medicine was drastically in flux, in 2004 she focused her studies in Philosophy, Theology, and Bioethics with a belief that these disciplines would be significant in Research and Development as stem cell and other cellular technologies advanced. Dr. Hufnagel's background offers a unique global outlook in stem cell research and the philosophy of ethical healing.
"I am blessed to be in an area of research and development that has so much life-saving potential. Stem cell work can help us to prevent and cure disease, ameliorate suffering from disease, and unlock the codes of cell growth, metamorphosis, and regeneration. My expertise and position within Stem Cell Assurance will allow me to access the lab where I will be part of the on-going research. We are committed to having the largest and most comprehensive data base on stem cell work available for public access. As a Bioethicist I will be reaching out to the Medical Bioethics community for guidance and support regarding Stem Cell Assurance's future endeavors. It is a time for healing and for deep compassion in the human condition and a time for Science to actively participate in a compassionate way to benefit the World."
TRXX--Oprah !!!!!!!!!!!!!!!! Everything that happens on that show goes to the moon.... Book deals go to million sellers lists, wow this could be HUGE !!!
Oprah !!!!!!!!!!!!!!!! Can you imagine what would happen to this company if she were to go on Oprah and talk about her company !! Wow. GLTA !!
TRXX .10 would be awesome! Business Plan is out on Pinks! http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20682 5 Year projections are incredible !!
I agree, this sector is the next generation imo !! Did you check out the business plan and 6 year projections? http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=20682 Good luck next week !!
I sent an email to the company concerning the issues on the board, and this is the response I received:
Dear Mr.------,
Before you post on an investor board you should have your facts correct and should have been in touch with the company as part of due diligence to avoid misleading other investors, for whatever reason. In this case, this is a very simple process when you consider the amount of information in the public domain reference Traxxec – patent, license agreement, Traxxec website, Rexam website and the company itself that has always responded fully and fairly to my enquiries. If you had carried out some due diligence rather than posting mis-informed opinion you would know that Traxxec does not manufacture RFID tags but can purchase them from several sources, Sun, UPM Raflatec, Motorola, Philips etc etc.
The purchased micro chip and antenna are then moulded as part of a process with its strategic partner, Sokymat, and this “tag” is ultra sonically welded into a bottle manufactured by Rexam without damage to the sensitive electronics, a process developed before securing the IP within Traxxec, to produce an extremely robust RFID enabled container using chips purchased from any suitable manufacturer and at any frequency to suit the application. This process is patentable and, because Traxxec is not a manufacturer of RFID tags or bottles, has been licensed out to global market leaders, a fairly standard business process.
If you had even bothered to read the information in the public domain you would, and should have, been fully aware of the company, its products and services and its place in the market as a small systems integrator and product development company. Further, Traxxec provides consultancy services on a fee for service basis regarding the application of RFID, systems and hardware, in particular in the pharmaceutical arena. These activities have enabled Traxxec to continue as a business without equity funding.
I must warn the investor that whatever happens in the future, Traxxec is a company that came to the market to get funding for further development work and working capital until revenues from royalties “kicked in”
Marie Richards
Investor Relations
T: +44(0)845 396 8168
F: +44(0)1270 842 114
W: www.traxxec.com
I'm going to take the glass half full position on this company. It looks like it might turn the corner in the stem cell business. Time will tell if it makes it. Good luck !
http://www.lifesciencesworld.com/biotechnology-news/view/101250
Interesting read on the potential growth. GLTA.
TRXX-- Growth potential seems huge ! http://www.lifesciencesworld.com/biotechnology-news/view/101250
TRXX information on one of the Doctors on the Board at Stem Cell Assurance http://www.drhufnagel.com/index.htm
This is one of the Doctors on the board of Stem Cell Assurance. http://www.drhufnagel.com/index.htm
I received this from the company after asking the same questions. It appears the rumer is true. eom
Dear Mr. …………………..
Thank you for your enquiry: In view of the unexpected increase in market activity and the number of enquiries we have received this week we are replying formally with the authority of and on behalf of Amy Scopes and confirm that Mrs Scopes will issue a comprehensive press release shortly.
Information recently released to shareholders and in the public domain that may have led to speculation have included:
1. The current status of the company’s IP and confirmation that all annuities are up to date.
2. That in the US we have been in negotiation for the use of the technology, to implement a system and use the licensed product (the bottle) in a packaging company start up; that this may result in a JV or similar if in the interest of the shareholders and we are part of the negotiation for regional funding.
3. That in EU we are preparing the user requirement specification and technical specification for a clinical trial supplies application to administer oral solution.
4. That there was a re-organisation of the company structure imminent
5. That the current sales and marketing activity of the company has been considerable and funded without debt or outside equity funding.
6. It has been confirmed that Traxxec has not sold any stock
Due to the above and the benefits and security provided by the use of RFID and our expertise and knowledge in the pharmaceutical industry in particular, negotiations outlined in previous correspondence with shareholders have led us to the acquisition of Stem Cell Assurance operating in the emerging stem cell market. This aligns with the current global focus on this industry that has been emphasised by President Obama’s recent statement and we are confident that our actions will be in the interest of the shareholder.
Notwithstanding the above, and although this reply to your enquiry is, of necessity, in general terms at this time, the information is delivered to you in good faith and is accurate and reliable but should not be considered as personal investment guidance, for which you should seek appropriate advice.
We trust this is satisfactory at this time and that you will be patient for further news.
ENQUIRIES
Tel: 0845 396 8168
Saw that later, but I still think this explodes. Similar action tomorrow and .02-.05 tomorrow imo !!
CNVC $$ Yes sir anything like this tomorrow and it will break .02 for sure !!
Looks like CNVC ended at .01 !
CNVC-- looks like it got to .01!
I just checked out the website to see if anything had changed and found that if you click the link for CNVC subsidiaries and then emerging issuer, they are promoting RKBD which has gone from a bid/ask of 5/7 to 25/30 pre-market and is heavily covered through many different promoters. I wish CNVC had this kind op activity.
http://www.convergencetechnologygroup.com/subsidiaries.php
Any thoughts out there?
Hope they do the same thing for their own company.
CNVC is now DTC eligible – got an email from my broker today. About time we had some news.
Plus I noticed the website for Traxxec is different? http://www.traxxec.com/ Good luck.... Maybe they got something going?
CNVG ! Looks like they lifted the Caveat.... to limited status!!!!!! http://www.pinksheets.com/pink/quote/quote.jsp?symbol=TRXX
CNVG-- News out today 10/14 http://www.pinksheets.com/pink/quote/quote.jsp?symbol=cnvg
Convergence Technologies Group Incorporated Continues Growth with Further Contract Renewals and an Exclusive Distribution Agreement with Sennheiser
STAFFORD, England, Oct 14, 2008 (BUSINESS WIRE) -- Convergence Technologies Group Inc's (Pink Sheets:CNVG) UK subsidiary Voice 2 Voice Limited continues to accelerate its growth with Support Contract Renewals. The latest contracts have been signed with the largest European food company. Their business philosophy is to work in partnership with their key customers to deliver a product of the highest quality and integrity. They have chosen to renew their Support Contract in line with the acquisitions that have been made within their group, with these new sites requiring integration into the existing backbone supplied by Convergence Technology Group Inc.
During 2008, Convergence Technology Group Inc has doubled its contracts within Government agencies and with contract renewals and extensions, has increased revenue 200% above target with the Group now surpassing $3m revenue contracted for the next 3 years.
This week, Sennheiser UK have chosen Convergence Technologies Group Inc as exclusive Distributor to the Splicecom Channel. Sennheiser Communications offers a world renowned a product range of integrated headset solutions for professional telecommunications and multimedia applications. Their premium telecom products serve to increase the efficiency of communication in contact centers and office environments globally. Through this agreement, Convergence can now offer exclusively this product range to the existing and contracted Sennheiser customers, managing new contracts, extensions and renewals and in one move, significantly expanding the total customer base exclusively available to Convergence Technology Group Inc.
http://www.sennheiser.com/uk/icm_senncom.nsf/root/products_office
CEO Warren Stroud comments: "Our vision is as strong as ever. Our customers are happy and this shows in the renewal in Support Contracts which add stability in the future plans for the group. The agreement with Sennheiser as Distributor for the Splicecom Channel adds extra dimensions to our offering and the exclusive agreement demonstrates the true value that Convergence offers the major players in the Telecoms market. Furthermore, agreements with such high profile partners will expose Convergence to a global audience which will increase and accelerate our already strong revenue growth."
ENDS
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Convergence Technologies Group Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
SOURCE: Convergence Technologies Group Inc
Well that would suck. I hope not.
With a history of this being shorted, and massive volume coming in and no up turn, this could be mm's covering their position. Lots of volume on this one.
CNVG appears to have been shorted as I'm trying to understand Pink sheets. This could explain why no forward
movement on the pps. You can go to the short interest section of Pinks sheets at the CNVG symbol page to view. Big numbers
too
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=cnvg
Mar 31, 2008 0 -100.00 225,870 1.00 No No
Mar 14, 2008 2,945 100.00 251,423 1.00 No No
More news out CNVG !
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=cnvg
Convergence Technologies Group Incorporated Continues Growth with Government Agencies worth $60,000 per annum
STAFFORD, England, Oct 07, 2008 (BUSINESS WIRE) -- Convergence Technologies Group Inc (Pink Sheets:CNVG) UK subsidiary Voice 2 Voice Limited continues growth with Government Agencies. The latest contracts have been signed with two further Probation Areas for Maintenance of Telecommunication Hardware worth $60,000 per annum. This achievement means that Voice 2 Voice Limited hasincreased its projected maintenance revenue by 50% this year and is 15% above its corporate revenue target for 2008.
The National Probation Service (NPS) is a major component in reducing crime.The 21,000 staff of the NPS, split into 42 Regions/Areas, and their colleagues in other organizations who support their work, are committed to minimizing the impact of crime on communities and especially victims who have been touched by serious violent or sexually violent crimes. They are actively committed to rehabilitate offenders given community sentences and those released from prison; to enforce the conditions of their court orders and release licenses and to take whatever steps in their power to protect the public.
Following the success of implementing solutions for Nottinghamshire, Staffordshire, West Mercia, Gwent and Gloucestershire Areas and the obvious potential operational savings relating to the obsolete need for TDM Legacy equipment, as well as the operational efficiencies of the telephone system, Teeside and Sussex Areas have chosen Voice 2 Voice Limited to Maintain their existing equipment with a view of moving into the IP arena in 2009.
CEO Warren Stroud comments: "Our in-depth Sales and Technical abilities as well as exceptional customer service has led tothesefurtherGovernment agency contract awardswithin the Probation Service. Following discussionsfor a total solution,we anticipatethe remaining Areas will follow suit and have already reorganized our business model to accommodate this anticipated 125% revenuegrowth over the next two years."
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Convergence Technologies Group Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
SOURCE: Convergence Technologies Group Inc
CONTACT:
Convergence Technologies Group Warren Stroud, +44 1785 272 922 www.convergencetechnologygroup.com
Copyright Business Wire 2008
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=cnvg
Convergence Technologies Group Incorporated Continues Growth with Government Agencies worth $60,000 per annum
STAFFORD, England, Oct 07, 2008 (BUSINESS WIRE) -- Convergence Technologies Group Inc (Pink Sheets:CNVG) UK subsidiary Voice 2 Voice Limited continues growth with Government Agencies. The latest contracts have been signed with two further Probation Areas for Maintenance of Telecommunication Hardware worth $60,000 per annum. This achievement means that Voice 2 Voice Limited hasincreased its projected maintenance revenue by 50% this year and is 15% above its corporate revenue target for 2008.
The National Probation Service (NPS) is a major component in reducing crime.The 21,000 staff of the NPS, split into 42 Regions/Areas, and their colleagues in other organizations who support their work, are committed to minimizing the impact of crime on communities and especially victims who have been touched by serious violent or sexually violent crimes. They are actively committed to rehabilitate offenders given community sentences and those released from prison; to enforce the conditions of their court orders and release licenses and to take whatever steps in their power to protect the public.
Following the success of implementing solutions for Nottinghamshire, Staffordshire, West Mercia, Gwent and Gloucestershire Areas and the obvious potential operational savings relating to the obsolete need for TDM Legacy equipment, as well as the operational efficiencies of the telephone system, Teeside and Sussex Areas have chosen Voice 2 Voice Limited to Maintain their existing equipment with a view of moving into the IP arena in 2009.
CEO Warren Stroud comments: "Our in-depth Sales and Technical abilities as well as exceptional customer service has led tothesefurtherGovernment agency contract awardswithin the Probation Service. Following discussionsfor a total solution,we anticipatethe remaining Areas will follow suit and have already reorganized our business model to accommodate this anticipated 125% revenuegrowth over the next two years."
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Convergence Technologies Group Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
SOURCE: Convergence Technologies Group Inc
CONTACT:
Convergence Technologies Group Warren Stroud, +44 1785 272 922 www.convergencetechnologygroup.com
Copyright Business Wire 2008
CNVG !!! Moving again on HUGE volume
Huge volume on CNVG today !!! Business news out.