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I have this and another one from stuff a couple years ago...
Anyone here holding shares of AQLV from the PRPM spinoff way back?
Woo woo!!!
6's printed!!!
I am curious about how the buyback of shares will go. I am also hoping they do a dividend of Acute Systems when the IPO happens =)
I think things are finally looking up but there's no telling in pinky land =)
I'd be thrilled if it got close to .001 again!
Big Volume!!! Hit .0006 =)
News for 'PRPM' - (ProTek Capital, Inc. Announces Aggressive 2011 Agenda Company Plans for Obtaining New Equity Capital of $10 Million)
NEW YORK, NY, Dec 16, 2010 (MARKETWIRE via COMTEX) -- ProTek Capital, Inc.
(PINKSHEETS: PRPM) is pleased to announce its 2011 Agenda.
The Board of Directors issued the following statement: "The Board of Directors
has proposed a very aggressive agenda for the coming year and looks forward to
pursuing these goals in 2011. The company's overall strategy is to bring value
to the shareholders by, among other things, seeking acquisitions and the growth
of ProTek Capital that will help increase our revenue base. The Company was
pleased to recently announce the addition of Acute Systems Consulting, LLC
("Acute") as a wholly owned subsidiary and has substantial plans for that
subsidiary in the coming year.
The 2011 agenda includes:
-- Plans for obtaining new Equity Capital of $10 Million
-- Share Buyback up to 400 Million common Shares
-- Plans for an IPO of subsidiary Acute Systems
-- Plans to acquire or participate in Equity Positions, Joint Ventures,
New Partnerships and Additional Acquisitions in our core business
-- Growth of the Board of Directors to Four Persons
-- Development of an Advisory Board
-- Development of new Investor Relations /PR Program (for more
transparency)
We would like to thank our shareholders for their loyalty through these
challenging economic times and our transition period. We at ProTek Capital would
like to wish everyone a safe Holiday Season and a prosperous New Year."
About ProTek Capital, Inc.: ProTek Capital, Inc. is a corporation with offices
located in the United States and United Kingdom, whose focus is to invest in or
acquire software companies that are privately held or traded on the public
markets. The objective of ProTek Capital, Inc. is to provide the best possible
risk-return value for all of its shareholders by making direct investments or
outright purchases into foreign and domestic private and public software
companies. To learn more about ProTek Capital, Inc., please visit:
http://www.protekcapital.com/
Safe Harbor: Statements contained in this news release, other than those
identifying historical facts, constitute "forward-looking statements'' within
the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relating to the Company's future
expectations, including but not limited to revenues and earnings, technology
efficacy, strategies and plans, are subject to safe harbors protection. Actual
Company results and performance may be materially different from any future
results, performance, strategies, plans, or achievements that may be expressed
or implied by any such forward-looking statements. The Company disclaims any
obligation to update or revise any forward-looking statements.
Contact
ProTek Capital, Inc.
Investor Relations
info@protekcapital.com
SOURCE: ProTek Capital, Inc.
CONTACT: mailto:info@protekcapital.com
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
Computers and Software:Hardware
Computers and Software:Networking
Computers and Software:Peripherals
Computers and Software:Software
Source: Comtex Wall Street News
Compliments of Scottrade.com
News for 'CLDR' - (Cloud Centric Systems, Inc. Requests Expressions of Interest CLDR Subsidiary, VizualMobile, Seeks Expressions of Interest From Qualified Partners)
LONDON, Dec 16, 2010 (MARKETWIRE via COMTEX) -- Cloud Centric Systems, Inc.
(PINKSHEETS: CLDR) announces today that VizualMobile Limited has officially
opened its partner program and is seeking expressions of interest and beta
subscribers.
VizualMobile Limited is a Smartphone management Platform that can manage
multiple handsets from multiple providers across varied operating systems such
as Google's Android and Apple's iOS amongst others. The company is looking to
open up its global Partner program to qualified Partners worldwide.
To qualify, partners should have a subscriber base of 50,000 smartphone users
and be able to forecast spend to VizualMobile of $125,000 within the first 12
months of the contract. Potential partners must be able to demonstrate how this
forecast will be met. Partners can fall into four categories: Network Operators;
Distributors of Handsets; Resellers of Telecoms / Communications Packages;
Dealers working with resellers and Distributors.
Interested Partners are encouraged to register at www.vizualmobile.com
"Our aim here is to find quality. We will simply only accept the best in the
market worldwide and that is why we are drawing some pretty tough bars to
getting involved in the partner program. We only want to deal with Partners who
are able to bring us the very top end user organisations and can show the
promise of real revenue values over the first 12 months of operation," stated
David Lovatt, CEO of Cloud Centric Systems, Inc.
The letter outlines what successes have been achieved over the past six months
and lays out the strategy for 2011. Shareholders and potential investors are
encouraged to download the letter over the next few days.
About Cloud Centric Systems: Cloud Centric Systems specializes in cloud based
technologies that use the Internet to deliver business critical applications via
a global network of partners. Cloud Centric Systems plans to grow via strategic
acquisition over the coming 12 months as well as strong sales through its
subsidiaries, Cloud Centric (UK) and VizualMobile Ltd.
For more information, please visit www.cloudcentricsystems.com
Safe Harbor Statement: The information posted in this release may contain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. You can identify these statements by use of the
words "may," "will," "should," "plans," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions. Forward-looking
statements involve risks and uncertainties that could cause actual results to
differ materially from those projected or anticipated. These risks and
uncertainties include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional conflicts,
competition, changes in technology and methods of marketing, delays in
completing various engineering and manufacturing programs, changes in customer
order patterns, changes in product mix, continued success in technological
advances and delivering technological innovations, shortages in components,
production delays due to performance quality issues with outsourced components,
and various other factors beyond the Company's control.
Contact:
Cloud Centric Systems, Inc.
1 (347) 404 5346
SOURCE: Cloud Centric Systems, Inc
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Hardware
Telecom:Networking
Telecom:Wireless
Telecom:Telecommunication Services
Telecom:Telecommunication Equipment
Source: Comtex Wall Street News
Compliments of Scottrade.com
News for 'FLTT' - (Flint Telecom's India Subsidiary Gears Up for Growth in the $55 Billion Indian Remittance Market)
OVERLAND PARK, KS, Dec 15, 2010 (MARKETWIRE via COMTEX) -- Flint Telecom Group,
Inc. (www.flinttelecomgroup.com) (OTCBB: FLTT) today announces that its Indian
subsidiary Ingedigit India Software Services Ltd. ("IISS"), located in Chennai
India, is expected to commence prepaid debit cards and remittance services to
Indian banks and their customers as early as next quarter.
The first stage of this program allows customers in India to have their domestic
bank accounts and debit cards linked with cards of Indians working abroad. Those
users can then simply remit funds to family members at home at any time by
loading funds, by having their wages directly deposited to the card, or with the
added convenience of using their regular cell phone. Unlike traditional
remittance programs family members will have access to the remitted funds
immediately in a more convenient way and at a fraction of the normal cost. They
simply withdraw the funds from the client bank's ATM network as required.
For the past 3 years, IISS has been working with several banks in India to
approve and implement these Card-to-Card and Mobile Remittance Services. One of
these banks has already secured approval for their program from the Reserve Bank
of India -- the central bank of India responsible for regulating all Indian
banking -- clearing the way for launch of services. Compliance is clearly a
major issue to guard against money laundering and other illegal activities. The
IISS Card-to-Card and Mobile Remittance Services are fully compliant with the
guidelines laid down by the Reserve Bank of India.
India is the world's largest recipient of remittances. Remittances grew from
$49.6 billion in 2009 to $55 billion in 2010, an 11% increase and nearly twice
as fast as the world average according to the World Bank's latest Migration and
Remittances Factbook 2011. IE Market Research Corp, a market intelligence and
business strategy consulting firm, sees Mobile Money Transfers reaching $148.5
billion in 2014 for a CAGR of 86.2% in its latest Global Consumer
Telecommunications Survey.
Mohamed Najeeb, Chairman of IISS, is a former Additional Labor Minister for the
Government of the State of Kerala, the state in India that provides the most Non
Resident Indian (NRI) labor. Mr. Najeeb is also a retired General Manager of
NORKA ROOTS, a quasi - governmental public organization that helps all Keralite
NRIs. Mr. Najeeb stated, "In 2002, NORKA ROOTS was established to act as the
single interface between the State of Kerala and those living overseas. Today,
about two thirds of Keralites live outside the state with the majority living
abroad. More than 30% of all NRIs living abroad are from the State of Kerala
making it the single largest market for overseas money remittances to India. The
largest individual remitter markets are the United States and the Gulf Coast
Countries, where 40% of the 5 million NRIs are from Kerala. We are targeting
these markets with our Indian banking partners to provide Card-to-Card and
Mobile Remittance Services in the least costly and most effective way for NRIs
to bank and remit money home to their families."
Vincent Browne, Chairman and CEO of Flint Telecom Group, commented, "This will
be another major milestone for us in early 2011 and was a key consideration in
acquiring Ingedigit and Power2Process in October. India is one of the main
emerging markets in the global economy and is clearly a highly attractive market
for remittances and mobile financial services where currently less than 1% of
the population use these types of services. Many leading analysts expect this
number to increase to over 10% or 120 million users by 2015, accounting for
approximately 8 billion transactions a year."
Mr. Browne added, "The banking relationships are the critical success factor in
the India market and Mr. Najeeb and the team in India and here in the U.S. have
done a truly remarkable job in developing such strong banking relationships over
the past few years. This is a significant competitive advantage. IISS and its
banking partners will offer services both within India and to the millions of
Non Resident Indians overseas. IISS receives fees for every transaction carried
out by users of the services. We expect IISS to attract significant numbers over
the next few years due to the rapidly growing remittance and mobile money
transfer segment in India and in conjunction with our banking clients that
already have millions of customers that will want these services."
About Flint Telecom Group, Inc. Flint Telecom Group Inc. is a fast growing
Telecoms Technology Organization with a portfolio of companies that deliver
next-generation IP communications and prepaid financial Products and Services.
The Company was founded by telecom and technology entrepreneurs with a proven
track record in building global technology companies. Flint Telecom has grown
both organically and through corporate activity and is traded on the OTC
Bulletin Board(R) (OTCBB) under the ticker FLTT.OB. Additional information may
be found at www.flinttelecomgroup.com
This press release contains forward-looking statements, which are made pursuant
to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of
1995. Words such as "expects," "intends," "believes," and similar expressions
reflecting something other than historical fact are intended to identify
forward-looking statements, but are not the exclusive means of identifying such
statements. These forward-looking statements involve a number of risks and
uncertainties, including the timely development and market acceptance of
products and technologies, the ability to secure additional sources of finance,
the ability to reduce operating expenses, risks associated with the integration
of businesses following an acquisition and other factors described in the
Company's filings with the Securities and Exchange Commission. The actual
results that the Company achieves may differ materially from any forward-looking
statement due to such risks and uncertainties. The Company undertakes no
obligation to revise or update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of this release.
Investor Relations Contact:
Email Contact
Flint Telecom Group Inc.
SOURCE: Flint Telecom Group, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=CDE5C52B4D4E88D3
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Telecom:Networking
Telecom:Wireless
Telecom:Telecommunication Equipment
Telecom:Telecommunication Services
Telecom:Cable and Satellite Services
Source: Comtex Wall Street News
Compliments of Scottrade.com
News for 'CLDR' - (Cloud Centric Systems, Inc. Announces Reduction in Issued Share Capital CLDR Officers Retire Their Common Stock & Announce a Reduction in the Authorised Share Capital)
LONDON, Dec 15, 2010 (MARKETWIRE via COMTEX) -- Cloud Centric Systems, Inc.
(PINKSHEETS: CLDR) announces that its Executives are to retire their Common
Stock and lock themselves in to the business with preferred shares that cannot
be converted until 2012. The leading executives at Cloud Centric are returning
their common shares to the treasury and are increasing their continued
commitment to the business by taking 'locked in' Preference shares in exchange.
"Naturally, our first priority is to our shareholder base and, as such, we are
removing any common shares the officers in the business have and locking them
into additional years ensuring the business continues to flourish under their
guidance," stated David Lovatt, CEO of Cloud Centric Systems, Inc.
"Equally as importantly, Cloud Centric will also be decreasing the Authorised
Share Capital in Q1 2011 to further give shareholders and potential investors
the message that dilution is not part of the plan," continued David Lovatt.
Cloud Centric Systems, Inc. recently announced that its strategy to increase
shareholder value took its first step with the raising of the otcmarkets.com
status from "Stop -- No Information" to "Yield -- Limited Information." It also
stated that it plans to upload its end of quarter Information & Disclosure
Statement when the time comes at the end of December.
About Cloud Centric Systems: Cloud Centric Systems specializes in cloud based
technologies that use the Internet to deliver business critical applications via
a global network of partners. Cloud Centric Systems plans to grow via strategic
acquisition over the coming 12 months as well as strong sales through its
subsidiaries, Cloud Centric (UK) and VizualMobile Ltd.
For more information, please visit www.cloudcentricsystems.com
Safe Harbor Statement: The information posted in this release may contain
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. You can identify these statements by use of the
words "may," "will," "should," "plans," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions. Forward-looking
statements involve risks and uncertainties that could cause actual results to
differ materially from those projected or anticipated. These risks and
uncertainties include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional conflicts,
competition, changes in technology and methods of marketing, delays in
completing various engineering and manufacturing programs, changes in customer
order patterns, changes in product mix, continued success in technological
advances and delivering technological innovations, shortages in components,
production delays due to performance quality issues with outsourced components,
and various other factors beyond the Company's control.
Contact:
Cloud Centric Systems, Inc.
1 (347) 404 5346
SOURCE: Cloud Centric Systems, Inc.
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Telecom:Telecommunication Services
Computers and Software:Hardware
Source: Comtex Wall Street News
Compliments of Scottrade.com
The i-box needs an update...
From the dreaded "No Information" stop sign to the slightly less dreaded "Limited Information" yield sign =)
GLTA
News for 'PRPM' - (ProTek Capital, Inc. Announces Increased Paid in Capital of $1.5 Million)
NEW YORK, NY, Dec 14, 2010 (MARKETWIRE via COMTEX) -- ProTek Capital, Inc.
(PINKSHEETS: PRPM) is pleased to announce that the Company increased the
additional paid in capital in the amount of $1,555,242 as a result of the
disposal of its subsidiary Propalms Limited.
The Company today filed its quarterly accounts with OTC Markets. The full
details can be found at http://www.otcmarkets.com/stock/PRPM/financials
"The company's recent dividend payment and the acquisition of Acute Systems
Consulting LLC on 1 December, 2010, demonstrate our confidence in the long-term
growth of the company and our commitment to returning capital to our
shareholders," said Robert Zysblat, President.
About ProTek Capital, Inc.: ProTek Capital, Inc. is a corporation with offices
located in the United States and United Kingdom, whose focus is invest in or
acquire software companies that are privately held or traded on the public
markets. The objective of ProTek Capital, Inc. is to provide the best possible
risk-return value for all of its shareholders by making direct investments or
outright purchases into foreign and domestic private and public software
companies. To learn more about ProTek Capital, Inc., please visit:
http://www.protekcapital.com/
Safe Harbor: Statements contained in this news release, other than those
identifying historical facts, constitute "forward-looking statements'' within
the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relating to the Company's future
expectations, including but not limited to revenues and earnings, technology
efficacy, strategies and plans, are subject to safe harbors protection. Actual
Company results and performance may be materially different from any future
results, performance, strategies, plans, or achievements that may be expressed
or implied by any such forward-looking statements. The Company disclaims any
obligation to update or revise any forward-looking statements.
Contact
ProTek Capital, Inc.
Investor Relations
info@protekcapital.com
SOURCE: ProTek Capital, Inc.
CONTACT: mailto:info@protekcapital.com
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Hardware
Computers and Software:Software
Computers and Software:Internet
Computers and Software:Networking
Computers and Software:Peripherals
Source: Comtex Wall Street News
Compliments of Scottrade.com
The shares you received as a dividend will be restricted for 6 months so you can't sell until June
Great Info! Thanks
I got mine... showed up on Scottrade this morning. The last dividend from PRPM - IFRS was restricted for 6 months so I am expecting the same restriction period for this one as well.
Great Friday to all!
I agree! That's a decent chunk of the dilution that has happened.
ProTek Capital, Inc. Announces Share Buy-Back Program Company Plans to Buy Back up to 400 Million Shares of Its Issued and Common Stock)
NEW YORK, NY, Dec 09, 2010 (MARKETWIRE via COMTEX) -- Marketwire- ProTek
Capital, Inc. (PINKSHEETS: PRPM) is pleased to announce that the Company plans
to buy back up to 400 Million shares of its issued and common stock as part of a
share buy-back program pursuant to Rule 10b-18. The Company's President, Robert
Zysblat, will be directing the program which will run from 1st January, 2011 to
31st December, 2011, or until all of the shares have been purchased, whichever
shall first occur. While the Company is not under any obligation to repurchase
shares under this Program, the Company is excited about the Program and believes
it will enhance the value of the investment focus to acquire software companies.
"These announcements illustrate our confidence in the long-term growth of the
company and our commitment to returning capital to our shareholders," said
Robert Zysblat, President.
About ProTek Capital, Inc.:
ProTek Capital, Inc. is a corporation with offices located in the United States
and United Kingdom, whose focus is investing in or acquiring software companies
that are privately held or traded on the public markets. The objective of ProTek
Capital, Inc. is to provide the best possible risk-return value for all of its
shareholders by making direct investments or outright purchases into foreign and
domestic private and public software companies. To learn more about ProTek
Capital, Inc., please visit: http://www.protekcapital.com/
Safe Harbor: Statements contained in this news release, other than those
identifying historical facts, constitute "forward-looking statements'' within
the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relating to the Company's future
expectations, including but not limited to revenues and earnings, technology
efficacy, strategies and plans, are subject to safe harbors protection. Actual
Company results and performance may be materially different from any future
results, performance, strategies, plans, or achievements that may be expressed
or implied by any such forward-looking statements. The Company disclaims any
obligation to update or revise any forward-looking statements.
Contact
Investor Relations
info@protekcapital.com
SOURCE: Pro Tek Capital, Inc.
CONTACT: mailto:info@protekcapital.com
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
Computers and Software:Hardware
Computers and Software:Networking
Computers and Software:Peripherals
Computers and Software:Software
Source: Comtex Wall Street News
Compliments of Scottrade.com
News for 'FLTT' - (Flint Telecom Prepares for Shipment of First Mobile Handsets in Q1 2011 With Addition of 2 New Key Executives)
OVERLAND PARK, KS, Dec 06, 2010 (MARKETWIRE via COMTEX) -- Flint Telecom Group,
Inc. (http://www.flinttelecomgroup.com) (OTCBB: FLTT), an International Telecoms
Technology and Services Organization, today announces that it has recently
obtained the services of two industry experts to ensure the successful launch of
Flint Mobile into the rapidly growing U.S. Prepaid Wireless Communications
market. Flint Telecom will offer nationwide cell phone services -- including
Voice, Text and Data -- as an MVNO (Mobile Virtual Network Operator).
Mr. Jeremy Gies has over 10 years of executive management experience with AT&T
Wireless, from a total of 16 years in the wireless industry. Mr. Gies was most
recently the CEO of telSPACE, a leading enabler of MVNO technology and services,
allowing fixed line phone companies, cable and other operators to develop and
offer wireless services to their customers.
Garth Billstin: Most recently the VP of Business Development at telSPACE is a
16-year veteran of the technology and communication sectors. Mr. Billstin was
responsible for the company's strategic partner relationships. As an
infrastructure expert, Mr. Billstin will ensure that operations in Flint's
pre-paid sector run smoothly. Previously Mr. Billstin was director of
International and North American Sales at Appian Graphics. During his tenure
with Appian Graphics, Mr. Billstin won contracts with many fortune 500
companies.
Together, they will manage all aspects of Flint Mobile's launch into the rapidly
growing U.S. prepaid wireless market that is slated for the first quarter of
2011. Prepaid services are now viewed as a growing and increasingly valuable
segment in the U.S. wireless communications market. Ovum, a leading
international research firm predicts that by 2015 the total mobile revenue in
North America will be $208 Billion, $52 Billion of which will come from Prepaid.
The current prepaid market is estimated at $41 Billion.
Bernie Fried, President and COO of Flint Telecom Group commented, "We are
extremely pleased to welcome Jeremy and Garth to our team. They bring a wealth
of experience from the wireless industry and particularly the MVNO segment that
Flint Mobile operates in. These additions will ensure that we can achieve our
aims more quickly while ensuring that our customers receive the highest quality
and value from the exciting plans we have designed. With our calling plans,
customers will be able to call over 25 countries at domestic calling rates. When
we combine the financial processing capabilities of our recent acquisitions,
Flint will join the ranks of leading operators offering mobile payments in
2011."
About Flint Telecom Group, Inc. Flint Telecom Group Inc. is a fast growing
Telecoms Technology Organization with a portfolio of companies that deliver
next-generation IP communications Products and Services. The Company was founded
by telecom and technology entrepreneurs with a proven track record in building
global technology companies. Flint Telecom has grown both organically and
through corporate activity and is traded on the OTC Bulletin Board(R) (OTCBB)
under the ticker FLTT.OB. Additional information may be found at
www.flinttelecomgroup.com
Investor Relations Contact:
Flint Telecom Group, Inc.
Email Contact
SOURCE: Flint Telecom Group, Inc.
CONTACT: http://www2.marketwire.com/mw/emailprcntct?id=062A370FEC7CC1D2
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Telecom:Telecommunication Equipment
Telecom:Cable and Satellite Services
Telecom:Networking
Telecom:Telecommunication Services
Telecom:Wireless
Source: Comtex Wall Street News
Compliments of Scottrade.com
ProTek Capital, Inc. Completes Acquisition of Acute Systems Consulting, LLC Company Sees Significant Potential With Virtualization Software and Data Hosting)
NEW YORK, NY, Dec 01, 2010 (MARKETWIRE via COMTEX) -- ProTek Capital, Inc.
(PINKSHEETS: PRPM) is pleased to announce the Company has completed the
acquisition of Acute Systems Consulting, LLC., a fast growing "cloud" computing
company engaged in the business of providing consulting and installation of
virtualization software sales and data hosting.
The acquisition was valued at $300,000 and the purchase price to be paid through
the payment of 5,000,000 shares of restricted stock of the Company and 2,000,000
shares of restricted stock of NX Global, INC, valued at $.05 per share. ProTek
Capital received the shares when the Company sold its wholly owned subsidiary in
a previous transaction. An additional 5,000,000 shares of ProTek Capital
restricted stock will be paid to the Seller if Acute Systems meets agreed target
goals over the course of the next six (6) months.
Anthony Morales will remain as Director of Acute Systems Consulting, LLC.
"I am excited about the relationship with ProTek Capital and how their strong
distribution network and management team can help our company increase its
revenue over the next twelve months," stated Anthony Morales, Director of Acute
Systems Consulting LLC.
"This potential acquisition of Acute Systems is a key building block as we
implement our new corporate strategy," stated Owen Dukes, CEO of ProTek Capital,
Inc. "We feel that our team will enable Acute Systems to grow into a solid IT
solutions firm with increased revenue within the next twelve to eighteen
months."
For more information on Acute Systems Consulting LLC, please visit
www.acutesys.com.
For more information on ProTek Capital Inc., please visit, www.protekcapital.com
Safe Harbor Act: This release includes forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995 that involves risks and uncertainties including, but not limited to, the
impact of competitive products, the ability to meet customer demand, the ability
to manage growth, acquisitions of technology, equipment, or human resources, the
effect of economic business conditions, and the ability to attract and retain
skilled personnel. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or circumstances that may
arise after the date of this release.
Contact:
Investor Relations
info@protekcapital.com
SOURCE: ProTek Capital, Inc.
CONTACT: mailto:info@protekcapital.com
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
Computers and Software:Hardware
Computers and Software:Networking
Computers and Software:Peripherals
Computers and Software:Software
Source: Comtex Wall Street News
Compliments of Scottrade.com
Starting to pick up steam now...
Already done! Mine are set far higher than today's ask =)
Just got a reply - Dividend will not be affected by the NEGS news.
I agree with you. I've been in for a long time too. NEGS has gone down since being involved with PRPM so maybe they are disconnecting because of that... not a bash but I guess we'll see =)
Yep - I sent an email to Owen Dukes asking what was going on and if NEGS backed out of Propalms International LTD, will PRPM still issue a dividend? I also asked if a PR will be issued explaining what was going on.
Good morning T! MS Partner Confirmation...
I got an email back from David Lovatt - he confirmed the fact that they are a Microsoft partner and that they registered under the old company name GuestTek:
"Mike,
Not sure why the discussion around CLDR is focusing on their Microsoft Partner Status, I don’t see it as crucial to the business. Microsoft are a great company to work with in some ways, in that they support us with software etc.., but we really don’t fit the typical Microsoft partner who installs Microsoft software etc.. and sells licenses. However, our relationship with Microsoft allowed us to become an early tester and adopter of the Microsoft Azure platform.
We are registered under our previous company name, GuestTek International with member number 2828765
There are several Microsoft Partner Programmes and we are also a member of the Microsoft Hosting Community.
All the very best,
David Lovatt"
Thanks T!
I'm still holding - glad the volume settled down today for sure.
News for 'PRPM' - (ProTek Capital, Inc. to Issue Stock Dividend of NX Global, Inc. to Its Shareholders of Record as of November 3, 2010 Shareholders to Receive 1 Share of NX Global for Every 30 shares of PRPM Owned as of the Record Date)
LONDON, Oct 28, 2010 (MARKETWIRE via COMTEX) -- ProTek Capital, Inc.
(PINKSHEETS: PRPM) is pleased to announce that its Board of Directors has
approved a dividend of NX Global, Inc., common shares for shareholders of record
as of November 3, 2010, with a payment date of December 9, 2010. ProTek
shareholders are to receive one (1) restricted share of NX Global stock for
every thirty (30) shares they own of ProTek Capital, as of the Record Date; no
fractional shares shall be issued. There is no action required by shareholders
of record in order to receive this dividend.
ProTek Capital, Inc. recently sold its wholly owned subsidiary Propalms Ltd. in
a share exchange valued at $2.3 Million, comprised of 100 Million shares of the
common stock of NX Global, Inc., an Over the Counter Bulletin Board Company
trading at $0.01c per share on the date of sale and the assumption of $1.3
Million in debt from the balance sheet of ProTek Capital, Inc. This transaction
is part of ProTek Capitals' new corporate strategy to increase shareholder
value.
"This dividend is to thank our shareholders for their loyalty as ProTek Capital
continues to fulfill its business strategy," stated Robert Zysblat, President of
ProTek Capital, Inc.
About NX Global, Inc.:
NX Global is a fully reporting company on the OTCBB. It sells services and
trains clients' personnel on cloud computing software to integrate, manage and
maintain medium sized IT departments' migration. They also train clients to
implement and maintain deployed virtualization, storage and utilization of cloud
computing technology.
About ProTek Capital, Inc.:
ProTek Capital, Inc. is a corporation with offices located in the United States
and United Kingdom, whose focus is to invest in or acquire software companies
that are privately held or traded on the public markets. The objective of ProTek
Capital, Inc. is to provide the best possible risk-return value for all of its
shareholders by making direct investments or outright purchases into foreign and
domestic private and public software companies. To learn more about ProTek
Capital, Inc., please visit: http://www.protekcapital.com/
Safe Harbor: Statements contained in this news release, other than those
identifying historical facts, constitute "forward-looking statements'' within
the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements relating to the Company's future
expectations, including but not limited to revenues and earnings, technology
efficacy, strategies and plans, are subject to safe harbors protection. Actual
Company results and performance may be materially different from any future
results, performance, strategies, plans, or achievements that may be expressed
or implied by any such forward-looking statements. The Company disclaims any
obligation to update or revise any forward-looking statements.
Contact:
Investor Relations
1-407-389-5900
SOURCE: ProTek Capital, Inc.
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
Computers and Software:Hardware
Computers and Software:Networking
Computers and Software:Peripherals
Computers and Software:Software
Source: Comtex Wall Street News
Compliments of Scottrade.com
I put all mine in for .10
That would be one heck of a lottery ticket =)
Almost 66 million now...
Me too... put a post on your other board about weekly picks =)
CLDR People! Charts and recent news all indicate explosion of price!
Yeah, no problems here, holding mine anyway =)
Sorry for the post... I am totally positive with ProPalms and have been in this stock for 3 years now grabbing when shares are cheap.
Easy big fella, it was a mistake and I edited my post after calling Scottrade. Again, not trying to cause panic... sorry for the post. I got burnt a few weeks ago so I got a little jumpy.
All is good =)
I think so too!
PRPM Not trading today while name change is under way... called Scottrade and they are waiting for the new CUSIP.
Sorry if anyone read my post about the reverse split alarm!
News for 'PRPM' - (Propalms, Inc. Completes Name Change to ProTek Capital, Inc. Company Launches New Web Site)
LONDON, Oct 27, 2010 (MARKETWIRE via COMTEX) -- ProTek Capital, Inc.
(PINKSHEETS: PRPM) is pleased to announce that as of today, the Company has
changed its name to ProTek Capital, Inc. The Company stock will continue to
trade under the stock symbol PRPM (PINKSHEETS: PRPM). The name change better
reflects the Company's new business model and corporate strategy.
As part of ProTek Capital's new business model and name change, the Company has
launched its new website (http://www.protekcapital.com/). ProTek Capital's new
corporate strategy will be part focused on buying and selling technology
companies that are already revenue generating and are in the need of a strong
management team, global distribution network, and capital in order to make it to
the next level.
"In this market, it is important for the Company to have a name that better
reflects our new focus and corporate strategy. We are looking to grow our
revenue significantly in the near future by acquiring and selling or spinning
off revenue generating technology companies," stated Owen Dukes, CEO of ProTek
Capital, Inc.
About ProTek Capital, Inc.:
ProTek Capital, Inc. is a corporation with offices located in the United States
and United Kingdom, whose focus is invest in or acquire software companies that
are privately held or traded on the public markets. The objective of ProTek
Capital, Inc. is to provide the best possible risk-return value for all of its
shareholders by making direct investments or outright purchases into foreign and
domestic private and public software companies. To learn more about ProTek
Capital, Inc., please visit: http://www.protekcapital.com/
Safe Harbor Statement -- This release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the
Securities Act of 1934. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements. Investors are
cautioned that forward-looking statements are inherently uncertain. Actual
performance and results may differ materially from that projected or suggested
herein due to certain risks and uncertainties including, without limitation,
ability to obtain financing and regulatory and shareholder approvals for
anticipated actions. Such statements are based on management's current
expectations and are subject to certain factors, risks and uncertainties that
may cause actual results, events and performance to differ materially from those
referred to or implied by such statements. In addition, actual or future results
may differ materially from those anticipated depending on a variety of factors,
including continued maintenance of favorable license arrangements, success of
market research identifying new product opportunities, successful introduction
of new products, continued product innovation, sales and earnings growth,
ability to attract and retain key personnel, and general economic conditions
affecting consumer spending. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date hereof.
ARTI does not intend to update any of the forward-looking statements after the
date of this release to conform these statements to actual results or to changes
in its expectations, except as may be required by law.
Contact:
ProTek Capital, Inc.
Investor Relations
407-389-5900
SOURCE: ProTek Capital, Inc.
Copyright 2010 Marketwire, Inc., All rights reserved.
-0-
SUBJECT CODE: Computers and Software:Internet
Computers and Software:Hardware
Computers and Software:Networking
Computers and Software:Peripherals
Computers and Software:Software
Source: Comtex Wall Street News
Compliments of Scottrade.com
I'm still in =)
Go CLDR!!!
Great work T!
Any positive news will definitely light the fuse!