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STL Marketing Group, Inc. (OTC:STLK) Enters into a Letter of Intent with Call Management Products, Inc.
Stl Marketing Group, Inc. (PC) (USOTC:STLK)
Intraday Stock Chart
Today : Wednesday 28 May 2014
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COLORADO SPRINGS, Colo., May 28, 2014 /PRNewswire/ -- STL Marketing Group, Inc. (the "Company") has signed a Letter of Intent with Call Management Products, Inc. ("CMP"), a Colorado technology company. Under the terms of the Letter of Intent, STLK would promote, distribute and sell CMP's products in markets not currently served by CMP, namely overseas and to the Small Business Market (SMB) in North America.
"We are pleased to have executed this Letter of Intent with CMP. We have worked with CMP in the past and believe this will allow the Company an interesting opportunity. Our goal is to ensure the Company generates revenue, as it continues to pursue its anticipated Power Purchase Agreement. We strongly believe this distribution opportunity will complement our core business and is in the best interest of our shareholders. The companies are working on the definitive agreement. We will continue to pursue opportunities like this to further enhance our ability to grow the company," said Jose P. Quiros, the Chief Executive Officer of STL Marketing Group, Inc.
"The international distribution experience represented within STL Marketing Group, Inc. in our own hospitality telephone system market is unsurpassed. They are a natural partner for us moving forward with expansion to international markets with the Voiceware® product line. Add to that their vision for expanding Voiceware's powerful business voice side into the U.S. SMB market, and you get a fantastic two-for-one partner. We are extremely excited about the business relationship PhoneSuite and STLK begin to forge with this agreement" said Frank Melville, President of PhoneSuite.
About STL Marketing Group, Inc./ Versant Corporation
Versant Corporation is a subsidiary of STL Marketing Group, Inc. and a Colorado based renewable energy company seeking to develop and operate renewable energy projects. Its first proposed stage of development is focused on wind energy facilities in Costa Rica. For more information on STLK, please visit our web site at www.STLmarketingGroup.com or www.v3rsant.com.
About Call Management Products, Inc.
For over 20 years, Call Management Products, Inc., under its brand name PhoneSuite, has leveraged its expertise in communication technology to provide high-quality, low-power consuming products. PhoneSuite is dedicated to the design and manufacture of products and is proud to have installed 4,000 systems in properties ranging from B&B's to 475-room franchise hotels throughout the world. Our products, combined with our nationwide dealer support and engineering expertise, create reliable communication solutions that meet or exceed all hotel requirements. PhoneSuite is a Preferred Vendor for several major hotel chains, an Allied Member of the American Hotel & Lodging Association (AH&LA), a Founding Sponsor of the Asian American Hotel Owners Association (AAHOA), a member of Hotel Technology Next Generation (HTNG), and was recognized by the Denver Business Journal as one of the Top 25 Fastest-Growing Small Private Companies.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
SOURCE STL Marketing Group, Inc.
Copyright 2014 PR Newswire
Yes!!! Just trying to put a little lite on the chunk I bought between .01 & .02! Am I happy HELL NO!!! Do I think we can get back there... YES!!!
That's being positive!
All buys today that's a good sign.
It's nice to see so GREEN!!!
Wasn't it worth the wait!!!
Any word from our CEO? At this point any sign of positive movement about the PPA would be GREAT!!!
Strang stuff going on with one!!!
My buy just went through as a sell.
Who on here is buying and what is it showing up as a buy or sell?
I'm kinda torn... do I get more now or wait to see how low this goes?? I know wants we get the good news it will go UP FAST!!!
DecisionPoint Systems Announces Date For The Release Of First Quarter 2014 Results, Conference Call And Webcast
Decisionpoint Systems, Inc. (QB) (OTCBB:DPSI)
Intraday Stock Chart
Today : Tuesday 29 April 2014
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IRVINE, Calif., April 29, 2014 /PRNewswire/ -- DecisionPoint™ Systems, Inc. (OTCQB:DPSI), a leading provider and integrator of Enterprise Mobility and Wireless Applications and RFID solutions, announced plans to release its results for the first quarter ended March 31, 2014 before the market opens in New York on Monday, May 5, 2014. DPSI management will host a conference call to discuss the Company's financial results on the same day, at 9:00 am ET.
Conference Call:
Participants should dial into the call ten minutes before the scheduled time using the following numbers: 1-877-300-8521 (USA) or +1-412-317-6026 (international) to access the call.
Audio Webcast:
There will also be a simultaneous live webcast through the Company's website, www.decisionpt.com and selecting the investor tab. Participants should register on the website approximately ten minutes prior to the start of the webcast.
Replay:
An audio replay of the conference call will be available for seven days and can be accessed by dialing 1-877-870-5176 (USA) or +1-858-384-5517 (international) and using passcode 10045514.
For those unable to attend to the live webcast, it will be archived shortly following the event for 30 days in the Investors section of the Company's website.
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. They do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes all the latest wireless, mobility, and RFID technologies.
For more information about DecisionPoint Systems, Inc., visit www.decisionpt.com.
Contacts:
DecisionPoint Systems, Inc.
Nicholas R. Toms
Chief Executive Officer
(973) 489-1425
Allen & Caron, Inc.
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087
Len Hall (media)
len@allencaron.com
(949) 474-4300
645k after hours??
Give a guy a shot at some cheapies... Let's not be buying to much.. Im getting more on Monday when funds clear!!!
That could be the prob.. we don't know when the 30-45 days starts!!
Was it last week or will it start next year?!?!
GOOD CALL!!
Happy Easter all STLK'ers!!! May God Bless us all SOON!!!!
3 and all in stock options.. do you think they want this trading??
Actually my last response form Nic was yesterday and it was
"Very Close!"
not sure if that is less or more then 30-45 day.
With a couple hundred thousand shares hit at the ask.. this will be back to .01 -.02!!! VERY thin & those will still be cheepies IMO!!!
Actually looks good if your buying!!!
Go STLK!!!
Great things to come... SOON!!!
Have you guys forgotten about this already...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99724225
Actually 90k of the total today are my shares I bought this morning at .065 i'm not sure why there showing as sales.
You guys are crazy not soaking these up right now.. These are cheap cheap! The second any news comes out about the PPA it's going be fun.
Go STLK!!
It's showing as a sale, but that is my bye I put in last week just in case it went lower (90,000)
We know that are probably a lot of shareholders that are not on Ihub, it was the fact he's claiming he has 270 million shares.
It was just odd!
IMO... he knows how close the PPA is and with the new findings he is running with them to get this as low as possible because he knows as soon as the PR is out about the PPA this will FLY!!! I will think you for that opportunity to get some cheeps myself!!!
Well no one knows what the SS will be if and when we are trading again.
Not sure who you are or what your angle is but your #'s do not work. the lowest price possible you could have purchased the shares are at .0001 and for 270 Million that is still $27K not $200!!!
Who are you trying to fool!?!?!
BIG DIFFERENCE!!! There is rummer we could know something in the next 30 - 45 days. But what is that to you.. nothing if you forgot about it from 3 years ago i'd just forget about it again and check back in 3 years. you may be surprised =) JMO
My thoughts exactly... weird!!!!
O.K.!!!!! 270 Million @ .007 would be $1,890,000 that isn't much???
You have 270 Million shares and your asking if this is a total loss after this long... your either lying or have enough money that this is pocket change. What is it?
Don't worry I'll be buying more tomorrow!!
That's great news!! When the bashers arrive the shares will fly.... Bring it on!!
Then sale and be on your way... Your not helping your investment here or ours. If you really feel that way... Or are you trying for to get more cheep shares?
DecisionPoint Systems Reports Results for Fourth Quarter and Year Ended December 31, 2013
Decisionpoint Systems, Inc. (QB) (OTCBB:DPSI)
Intraday Stock Chart
Today : Monday 31 March 2014
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IRVINE, Calif., March 31, 2014 /PRNewswire/ -- DecisionPoint™ Systems, Inc. (OTCQB: DPSI and OTCQB: DPSID), a leading provider and integrator of Enterprise Mobility, Wireless Applications and RFID solutions, today reported financial results for the fourth quarter and year ended December 31, 2013.
Corporate and Financial Highlights of Fourth Quarter Ended December 31, 2013:
With the end of three earn-outs in the second half of 2013, we have eliminated redundancies and fully integrated recent acquisitions, resulting in expense reduction for 2014
Margin for professional services increased to over 31%
APEXWare™ for Apple iOS7 launched
Preferred D Stock Quoted for Trading on OTCQB under symbol DPSID
Debt service for 2014 reduced by $250,000 per quarter; total indebtedness reduction in 2013 of $2.1 million.
CEO Nicholas Toms commented, "Importantly, with the end of 2013 we have completed the integration and the earn-out provisions of our acquisitions of our Illume Mobile business, which was acquired as of July 31, 2012, as well as the acquisition of Apex Systems Integrators, Inc., which joined us as of June 4, 2012. We have been able to eliminate redundancies, streamline for better efficiency, and right-size our work force. This puts us in a position to be a much sturdier company in 2014. We anticipate that as we are currently structured, SG&A expense will decrease, margins will continue to increase, and our roster of blue-chip customers will grow.
"Thus the end of 2013 marked the end of a transition that began several years ago, and going forward we have brighter prospects and a much streamlined expense and overhead structure. Our revenues are climbing and margins are improving as well. Expense is dropping, and debt is getting reduced. It has been a long process to convert the 'old' DecisionPoint to the 'new' DecisionPoint, but we are just about there. The biggest reason our margins will improve, for instance, is the increasing portion of our revenues that originate from professional services and software – both of which are categories that produce better margins than our historic, hardware- and license-oriented lines of business.
"We are obliged to point out to you that our auditors have put what is generally called a 'going concern' section in their opinion regarding our 2013 financial statements. That means that they have substantial doubt that we may not be able to continue as a going concern.
"While there can be no assurance, management believes we have taken actions that will keep us not only a going concern, but growing on the top line and returning to profitability and positive cash flows. Although our internal plans indicate we will not need to obtain additional financing in 2014, there is a possibility that we may."
2013 Results
Revenues for the quarter ended December 31, 2013 were $14.6 million, compared to $17.4 million in the comparable quarter in 2012. We reported a net loss of $1.8 million in the quarter ended December 31, 2013, compared to a net loss of $1.3 million in the comparable quarter in 2012. Net loss attributable to common shareholders was $3.8 million in the quarter ended December 31, 2013, or $0.32 loss per share. That loss includes $2.0 million in non-cash dividends and imputed costs on preferred stock. Net loss attributable to common shareholders was $1.6 million in the quarter ended December 31, 2012, or $0.19 loss per share. The imputed preferred stock dividends in 2012 were $244,000.
Revenues for 2013 were $60.7 million, compared to $71.5 million in 2012. The drop is almost entirely due to lower hardware sales, which dropped from $48.5 million in 2012 to $38.0 million in 2013. Other than the sharp drop in relatively low-margin hardware sales, our professional services and software revenues were stable. Our revenue is booked largely at the end of each quarter, upon shipment. In the fourth quarter of 2013 one of our most important vendors delayed some end-of-quarter shipments to us. The shipments were received and were shipped out to our customers beginning in January, which will have the effect of moving some revenues from 2013 to 2014, spread out over the first and subsequent quarters as installation dates are re-set for customer convenience.
We reported a net loss of $5.2 million in the year ended 2013, compared to a net loss of $3.9 million in the year ended 2012. Net loss attributable to common shareholders was $7.8 million for the year ended 2013, or $0.80 loss per share. That loss includes $2.6 million in non-cash dividends and imputed costs on preferred stock. Net loss attributable to common shareholders was $4.8 million for the year ended 2012, or $0.61 loss per share. The imputed preferred stock dividends in 2012 were $954,000.
Our overall gross margin percentage remained at 21%, but importantly, the margin for professional services increased and for the year was just over 31%.
We incurred significant expense as we expanded our sales force in 2013 to bring our new flagship product line, APEXWare™, to the US market, but overall our SG&A was in line with 2012. We paid down debt by $2.1 million and we raised new financing on two occasions in 2013, most recently bringing in a net of $3.5 million in the fourth quarter. We intend to increase the ratio of common shares to preferred by encouraging the conversion to common of the two oldest preferred series (A and B). And we plan to do whatever is necessary to uplist to a national exchange during 2014 as our improved results come in.
Guidance
Given that this report is dated March 31, it is obvious that as this release is being written, we have a pretty good idea of the results that we can expect from the first quarter of 2014. We believe that for the first time in several quarters, we will have a quarter whose revenue is not only up sequentially, but up on a year-to-year basis. We are guiding to a revenue range of between $14.5 million and $15.5 million. We will report the first quarter results prior to May 15. We have no guidance beyond the first quarter as regards specific numbers, but we believe that revenues will be up on a year-to-year comparison for the full year, and most likely for each of the quarters. We will try to update that guidance as we have solid evidence of our progress.
We anticipate that our professional services and our software revenue will climb, both for the first quarter, and for the full year 2014. If that happens, we look forward to reporting increasing margins and sold progress toward cash-positive operations, followed by break-even operations on a GAAP basis, leading to profitability.
Mr Toms added, "There have been a couple of false starts during this transition. Those among us who have been entrepreneurs or turnaround managers know that is not unusual. We are fortunate to have a hard-working and very tough crew here at DecisionPoint, and we believe we have the right stuff to justify market enthusiasm that will enhance shareholder value during 2014."
Conference Call:
The Company's management team will host a conference call to discuss its results for fourth quarter and year ended December 31, 2013 today, at 11:00 am ET.
Participants should dial into the call ten minutes before the scheduled time using the following numbers: 1-877-300-8521 (USA) or +1-412-317-6026 (international) to access the call.
Audio Webcast:
There will also be a simultaneous live webcast through the Company's website, www.decisionpt.com and selecting the investor tab. Participants should register on the website approximately ten minutes prior to the start of the webcast.
Replay:
An audio replay of the conference call will be available for seven days and can be accessed by dialing 1-877-870-5176 (USA) or +1-858-384-5517 (international) and using passcode 10043407. For those unable to attend to the live webcast, it will be archived shortly following the event for 30 days in the Investors section of the Company's website.
About DecisionPoint™ Systems, Inc.
DecisionPoint Systems, Inc. delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. They do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes all the latest wireless, mobility, and RFID technologies.
For more information about DecisionPoint Systems, Inc., visit www.decisionpt.com.
Forward-Looking Statements
Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.
Contacts:
DecisionPoint Systems, Inc.
Nicholas R. Toms
Chief Executive Officer
(973) 489-1425
Allen & Caron, Inc.
Rudy Barrio (investors)
r.barrio@allencaron.com
(212) 691-8087
Len Hall (media)
len@allencaron.com
(949) 474-4300
IMO we will see .20!!!
It says that is an option.. Don't assume! It could be like most penny stocks that just dilute and we all find out after the matter. This is a very transparent Co. With HUGE upside!!
Go STLK!!
Let the PR's start!!!! All good from here.. IMO!!!! There taking care of business and the debt they settled was excepted with expectations on a higher share price. Now that that is out of the way lets get this PPA signed and PR-ed!!!
Yes