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Sco...I doubt your good wishes. I can feel anger in your words. I suggest you take a look at other CEOs who are bringing law suits against intentional bashers. For example:IIG. Go read the PRs yourself!
I do not mind reading pros and cons of an anlysis. but if one insists on posting only negatives then one's brain is lopsided. Get it?? I am focusing only on the content of your posts!
Now there has been numerous instances of shorting a stock to death. I doubt if you even care to know or read i.e if you can! Huh. Where r u from, knucklehead? I think your outburst is immature. Probably u need the Pink Panther to find the trail!
But I wish you the best!
At least you made some money. the problem with me is that I am too greedy! When the PPS rises I hold on to it thinking the upside is unbounded! And lo behold the next day the price plummets. Anyways I think the stock looks good, primarily because the brand name sounds different and nice. And if it is hot with teenagers it is bound to be a success. the point is one has to buy and sell. I am goingto keep an eye on the stock. at $14 it is too price for me! Thanks for the tip.
OT.trlg.ob...what was your entyr price? And r u long in it? How did u come across it? jst curious!
augie, yes. I am interested in a conf call with Lutz.EOM
from 8K released today...
Dear Fellow Shareholders,
We have received an increased number of calls lately in response to false and
misleading information posted on the Lycos Raging Bull website. In our
experience, the calls we are receiving represent only a small portion of the
concern that has likely been created by the Lycos Raging Bull posts.
Accordingly, the purpose of this correspondence is to address the recently
published false and misleading information universally. We hope to eliminate the
concern, but certainly do encourage all shareholders to call with any concern
that might remain even after reading this letter.
False Information and Why it is Posted
The Lycos Raging Bull website has recently had several posts regarding an
alleged inordinate amount of issued and outstanding NewMarket stock and an
inordinate amount of stock being recently awarded to me as the CEO of NewMarket.
This information is false and misleading. A variety of other posts related to
alleged scandal and management deceit are also to be found on the Lycos Raging
Bull website. These posts are all coming from a small number of individuals
posting under anonymous and assumed identities. Several of these individuals
have been previously reprimanded and correspondingly suspended from posting on
Raging Bull in response to past posts with misleading and false information. The
most notable of these are Tsheri and EVEN. In the last year EVEN was suspended
from posting on the NewMarket board for publishing false information and Tsheri
has been repeatedly removed only to modify his assumed identity and return.
<PAGE>
We believe the intention of these individuals is related to illegal short
selling. NewMarket has been recently named to the Regulation SHO Threshold
Security List verifying that the Company has been subject to illegal short
selling. We believe the intention of the misleading and false information posted
is to influence the genuine sale of stock in order to facilitate the coverage of
illegal short sales. We believe the misleading and false information posted to
be as illegal as the short sales themselves.
False Information and How it is Posted
The Lycos Raging Bull website is considered an entertainment site and as such is
not subject to any rules or regulations that would require the information
posted by members to be verifiable. The Lycos Raging Bull website is not a
source of professional stock market information. The information available is
ostensibly the opinion of the individual members.
However, in our experience, the information posted on Lycos Raging Bull does
have an influence on the trading decisions of individual investors and we
believe Lycos Raging Bull should be subject to NASD and SEC regulation. We
believe a number of stock market professionals receive compensation in
association with their publishing on Lycos Raging Bull and should be subject to
disclosing the terms associated with their activity on Lycos Raging Bull. We
believe Lycos Raging Bull's claim that members are protected by Constitutional
Privacy even when posting with the intent of influencing buys and sell decisions
is a sham and a shameful abuse of the Constitution.
NewMarket's Plan to Respond
NewMarket management has been aware of the illegal short selling issue for some
time. We have taken a number of actions to address the issue. For instance, we
regularly send written correspondences to market makers that reflect a
disproportionate number of sales in relation to buys in their daily trading. One
such correspondence to UBS Capital Markets, formerly Schwab Capital Markets, has
been filed as an SEC Form 8-K Disclosure. Now that NewMarket has been formally
recognized to have been subject to illegal short sales, having been named to the
Regulation SHO Threshold Security list, we will make formal demands to have the
individuals and organizations holding the short positions disclosed to the
Company so that appropriate reparations to NewMarket shareholders can be made.
We will also demand the disclosure of all related contracts intended to support
illegal shorting.
NewMarket's Financial Soundness and Ability to Overcome Illegal Short Selling
We appreciate all of our shareholders ongoing support and encourage further
calls related to any concerns. We see the calls as a compliment and vote of
confidence; otherwise, you might react to the misleading and false information
and never contact us to question the veracity.
NewMarket is a financially sound company. While we are disappointed in the
negative impact that we believe illegal short selling is having on our share
price, we are confident the impact is short term. With a working capital surplus
and continued sales growth, the Company is well prepared to sustain and overcome
the current illegal short selling activity.
Best Regards,
Philip Verges
CEO and Chairman
NewMarket Technology, Inc.
Look out for a massive shake. shorters will try and get the shares cheap!!EOM
It's not there!!!EOM
NC,...points are well taken. I agree. There is tremendous scope for improvement. I hope Phil achieves 6 Sigma in all aspects of the business. The 10Ks have to improve. they need to be completely transparent in all respects. So far I have not found a single company that has a transparent and clearly communicated material inclusive of Capital structure. I would like to see transparency in revenue flows and capital structure. The capital structure should be a separate section by itself, clearly laying out all the debt and conversion schedules.
You bet. I believe all of the longs will be rewarded.EOM
Numbercruncher and Pete,..here is the link. It was published in the 10Q of 15 May, 2003.
"
Item 4 Submission of Matters to a Vote of Security Holders.
-----------------------------------------------------------
On June 19, 2002 a majority of the holders of our common stock approved an
amendment to our Articles of Incorporation to increase the number of shares of
our common stock that we are authorized to issue to 300,000,000 shares. . Prior
to this amendment we were authorized to issue 100,000,000 shares of common
stock.
"
http://www.sec.gov/Archives/edgar/data/1092083/000117898703000008/ipvo10q051503.txt
I do agree with you that EPS is not impressive at all but then what do you expect from a company that experiencing losses most of the year due to expnasion from domestic company to that of a GLOBAL player expescially in 2 of the highest growth economies, China & Latin America.
Here is my take:
A company grows thru severel stages:
1. Inception -
2. Pilots & customer References, medium growth
3. High Growth
4. Slowing Growth & milking the Cash Cow
5. Decline
I believe NMKT is in end of Phase 2 or somehwere there abouts. Anyways during phase 1 & 2 EPS is not a reliable measure of value or performance. Revenue & number of customers are reliable measures. During phase 3 $ 4 all of them are valid as well reliable performance measures i.e # customers & type, revenue and EPS.
Anyways from my perspective it is a buy uptil a $1, but of course if one is expecting a 10 bagger then it is time to be in! The momentum is picking up. Just my 2 cents.
Good Luck to all
Actually Pete, ..in that PR phil stated that the 300M A/S was done a year ago. In that same PR he said dilution due to acquisition is not anticipated to exceed 150M shares. The 10Q is wrong. I scrutinized it too and somewhere in the eearlier 10Q it was mentioned 300M. Let me find it,,the I'll post a link.Anyways O/S end of Dec 2004 was something like 72M shares. By the by just for your memory, Phil is operating in SHark waters..i.e as far as the capital markets is concerned. So I will give him some flexibility to accomplish his dreams which I believe is ours too! just guessing!
Look out for shorters, they are on the prowl for your shares. Don't give it to them cheap. Do your DD and make your decision. This investments is yours.
Below are some FACTS:
1. 1000% revenue increase; from 2004 $2.3M to 2005 $24.9M
2. 100% Cash increase; from 2004 $1.2M to 2005 $2.5M
3. 400% Shareholder equity increase;from 2004 $4.5M to 2005 $18M
4. after several local and foreign acquisitons, 2 consecutive quarters of profitability: 3Q & 4Q 2004; in addition 2004 year end profitability.
5. AMEX listing is imminent
6. $70m in acquisition pipeline
7. $100M in sales pipeline
8. 2005 Revenue projected at $75M
9. Management has delivered what they said they would deliver
10.NMKT has a Global Footprint; well established in Latin America and China where GDP growth is high. NMKT CHina and NMKT Latin America to be listed separately on National exchanges. DCI spun off into publicly listed DFTS.
You should not have been in this stock i.e if you were not getting sleep at night, all these days.
NMKT has been on Reg SHO list for the last 5 consecutive days. The shorts are out to get your shares cheap. The fact is NMKT is heavily shorted, NAKED! I am not saying you should stay invested. That is your decision. But to broadcast that Phil is a liar, excuse me, that is totally unrasonable.
Good luck.But you should read the PR again. Phil stated that the A/S were raised to 300M couple of years ago. And that is true. This was a topic on RB last year and it got clarified.
Remember Shorts are looking to get your shares CHEAP!!Do your own DD.EOM
Pete. 300M authorized is not a surprise. this was resolved last year! I do believe you have not been following or doing your DD properly.JMHO. The number of shareholders, the large differnce being is that the current numbers show the street name i.e if Schwab has 20 investors holding NMKT, it will show up as a single investor. The same with other brokerages. Thanx for the warning though!
Well..in one of the past PRs Phil did mention that he does not anticipate exceeding 150M shares O/S for 2005. Just a thought. Keep in mind that NMKT is just in its 3rd year of inception. So revenue has a greater weight than profit, at least at this stage.If however 1Q 2005 is profitable and produces $1M net income then Phil has turned it around. But EPS is an important indicator. It will have greater weight in the coming years. I agree.
If forecasted revenue of $75 M is accomplished the Net Income will be $8M. On the other hand if acquisitons are completed, then revenue 2005 will be $100M and Net Income will be $12M i.e if they can maintain the same percentage as they did in 4Q 2004. Plus add in the cost savings of the consolidation as announced in the recent PR. HMMMMMMMMMMMMMMMMMMM.
Nope. The estimate is the base line. NMKT is on a roll! JMO.
Note...
"
Results for the 2004 fiscal year
remain subject to further adjustment and actual results may differ significantly from the foregoing estimates."
Just for the record, Phil has never underesstimated!
GO NMKT!!
Snap Shot of NMKT
1. Growing Revenues and Profitability.
2004 booked rvenue to be at $24M which is about 1200% increase over 2003 revenues of $2.3M. PRofitability by year end.
2. Increase in Cash position to $3M.
3. A healthy increase in SHareholders Equity
4. Contract sizes are increasing and so are Contract
durations.
5. A strong positive Net PResent Value
Never defy MArket momentum. It is not advisable to stand in front of a SPeeding Train. Do so at your own risk!
http://biz.yahoo.com/bw/040914/145686_1.html
NewMarket Technology Inc. Increases 2004 Booked Revenue Forecast by 20%
Tuesday September 14, 11:01 am ET
Forecast Increased from $20 Million to $24 Million and Profitable Annualized Revenue Run Rate to over $50 Million by Year End
http://biz.yahoo.com/bw/040909/95445_1.html
Subsidiary of NewMarket Technology, Inc. Awarded Contract By Civil Aviation Authority of Singapore
Thursday September 9, 10:55 am ET
Infotel Subsidiary Contract Valued Over US$1 Million
http://biz.yahoo.com/bw/040805/55608_1.html
NewMarket Technology, Inc., Now at $40 Million in Annualized Revenue, Introduces Innovative Micro-Cap Strategy
Thursday August 5, 1:09 pm ET
Management Unveils Plan to Achieve $100 Million in Profitable Annualized Revenue by Summer 2005; CEO Outlines Plan in Open Letter to Shareholders
http://biz.yahoo.com/bw/040825/255211_1.html
Press Release Source: NewMarket Technology, Inc.
NewMarket Technology, Inc. Signs $4.3 Million Strategic Sourcing Contract to Implement Proprietary Network Solution in Latin America
Wednesday August 25, 9:00 am ET
Revenue of $4.3 Million to be Realized in 2004; Accelerating Organic Sales Growth Continues to Improve Company's Profitability
http://www.ipvoice.com/press_article.asp?id=162
NewMarket Technology, Inc. Signs $1.1 Million Defense Industry Contract To Deliver Custom Tactical Operation Solution
Date: 8/16/2004
Defense Contract Adds To Rapidly Growing NewMarket Sales; Company Increasingly Confident of Exceeding $50 Million 2004 Annualized Revenue Forecast
http://www.ipvoice.com/press_article.asp?id=158
NewMarket Technology Inc. Signs $310,000 Contract with Motorola to Provide Wireless Test Environment
Date: 7/26/2004
NewMarket Strategic Sourcing Services Wins Over $2 Million in New Sales Contracts in Last 30 Days; $5 Million Additional Sales in Q3 2004 Pipeline
http://www.ipvoice.com/press_article.asp?id=156
NewMarket Technology, Inc. Secures $500,000 Strategic Sourcing Contract
Date: 7/20/2004
Recent Organic Sales Momentum Enhances Company's Profitability Improved Second Quarter Bottom Line Anticipated
http://www.ipvoice.com/press_article.asp?id=146
NewMarket Technology, Inc. Wins $1.1M Contract Signed to NewMarket Strategic Sourcing Unit
Date: 6/25/2004
Strategic Sourcing Contract to Give Strong Finish to Second Quarter
http://www.ipvoice.com/press_article.asp?id=133
IPVoice Communications Inc. Announces Chinese Joint Venture with $1 Million in Contracted Revenues
Date: 6/1/2004
IPVoice and GaozhiSoft Open Office to Market IPVoice Products and Services in China
Ya, EVEN, fess up your credentials and background.EM
Yeah, EVEN asking for proof. Where did you learn that word?? Common give us a break! It is O.K to post CONS about a company but do so incessantly then that only means you are all SCREWED up. Besides you only live in the PAST. Don't you ever analyze a company in the present and inot the future.
Give me a Proof...all right here it comes....OTCBB shares cannot be shorted by ordinary retail investors. It is only the MMs and the B/Ds who do because there is no accountability of shorted shares on the OTC exchange. If you want to learn more go trace all the articles about Naked Shorting.
HArd DD my arse. Yours is all HARD BS.
EVEN you are sounding like a broken record. Everybody knows who they are (as they have read the 8K)! Intercoastal represents the creditors and as such Intercoastal distributes the shares to the creditors. Intercoastal is no longer an active MM for NMKT. Why do you continue to insinuate and harass Phil. You may a have personal grudge against him but why don't you settle it off line, face to face, like a man.
Yes, selling CSCO gear. So now IPVOICE/XIPTEL should be able to sell another piece of valuable HW plus integration and enhancement(development) services. That's my read.
I would add, lookout for surprises as well. EOM
Question is who is doing the selling? Is it long term investors, MMs or B/D?? My guess is MMs or B/D as BB stocks are not available to retail investors for shorting. EOM
Interceptor, Thanks a BUNCH! More or less in line with their latest PPT. Their latest PPT was a good read as well.
interceptor72,...can I get a copy of that info??? TIA>