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"Notice of voluntary dismissal by Cemtrex"
Dismissed at the choice of Cemtrex.
Cemtrex chose not to pursue the matter.
It is not a judgment against Cemtrex, it another matter of much ado about nothing that proves nothing.
Looking forward to the upcoming earnings release.
Thanks for the insight, OBrien.
Lawsuits aren't how CETX makes all of its money anyway.
The article by Ricardo will be forgotten history soon enough.
Any word on when the SA article might run, Value?
Good to hear, but we're going to hold you to it!
You're a black hole, ripper.
Like you won something. For sure.
The overall agenda you are a proponent of works in direct opposition to your own self-interest, sucker.
I'm sure all the multi-millionaires and billionaires will show you their gratification by making your life even more miserable.
Drugs have a whole different means of distribution than do guns.
Anyway, how did I find myself in a debate with someone who exaggerates gun violence statistics to argue we should have fewer regulations on guns?
Adios.
You're not getting the point. Local regulations can't compete with the national lack of regulations. More federal regulation would make the black market more difficult to function.
Maybe Monday morning would be a good time for SA to publish the article, but I'm on pins and needles.
Differences of opinion don 't necessitate that one of them is stupid, but sometimes one of them is.
It's an undeniable fact there is considerable short interest in CETX. As of 5/31/17, there were 869,438 CETX shares shorted. (That's the most recent date I could find.)
Official NASDAQ short interest for CETX
Whereas short interest in CETX is a fact, the assertion the Cemtrex is a scam remains unproven.
You're funny, newmedman.
This is an internet bulletin board. Your big bad gun is worthless here, cowboy.
In a discussion, you have to rely on your wits, and from what I've seen, you don't have any.
I just may have to block you myself because attempting discourse with you is becoming beneath my dignity.
If (or when) you get killed, odds are it will be by a natural born American.
It's not at all funny, ripper. That almost 63 million people voted as stupidly as you and has degraded and endangered The United States is tragic as hell.
Not a single legitimate rebuttal.
You argue with all the finesse of a brick wall.
All you say is no it's not, no it's not, no it's not.
Open your damn eyes. You will be one of the losers if the Trump vision is realized.
Trumpers, like ripper, are suckers. They're saps. They're dupes. They gleefully embrace, defend and argue on behalf of policies that are in direct conflict with their own well-being. They're fools.
I find the fact that rational people should have to debate deliberate ignorance by stupid people to be humiliating.
Probably from the Southern Poverty Law Center, among other places.
Far more right-wingers are under FBI surveillance as potential threats to the country than are leftists.
Possibly the most stupid post you've ever made, and that's saying something bargains.
Not to worry, soon 24 million Americans will lose their ability to get medical treatment so billionaires will get gigantic tax breaks, and America will be great again.
The shooter was obviously an unstable man, just like the Muslim and right-wing terrorists are.
I believe his hatred of Trump is justified, but his action today was not.
Quite a sell-off today. That's a low ask.
DXTR?
Nice to see double digits again, even if briefly.
Cemtrex Reported Over $21 Million in Orders Received in month of April 2017.
Farmingdale, NY, May 17, 2017 (GLOBE NEWSWIRE) -- Cemtrex (Nasdaq: CETX, CETXP, CETXW), a world leading industrial and manufacturing leader, announced today that it has received more than $21 million in new orders during the month of April, including contracts with PPG, Covanta, US Mint, Mitsubishi Heavy Industries and Kelvion, just to name a few.
One of the orders Cemtrex secured during the period is a three year agreement estimated to be worth $15 million for Cemtrex’s electronics manufacturing services business in Germany. The order is the largest single order ever placed with the Company. The remaining orders were split approximately even between the IPS and EMS segments and are expected to be executed over the next twelve months.
Cemtrex’s Chairman and CEO, Saagar Govil, commented, “We are experiencing a build out of customer activity as our sales and marketing team ramps up their outreach. The activity we are seeing in our sales pipeline validates our expanded investments in sales and marketing activity over the past several months. Our plan is to continue to make investments in these areas of our business in order to take advantage of the additional bandwidth we have to grow.”
“A great example of how our sales team is building relationships with customers is a $15 million deal we just secured with an existing customer operating in information technology markets. While we have worked with this company previously, this is the largest deal to date and it spans a three year period, which far exceeds the commitment this customer has shown us in the past. Our goal is to have our sales team build off these types of customer wins in order to grow the business, while establishing greater visibility for the business.”
Bargains -- I presume you attended public schools, right.
And yet you came out educated enough to see through the evil libtard indoctrination you were subjected to.
On-topic only so far as Trump's attempted privatization of public services may or may not benefit MKRS shareholders:
I am loathe to participate in the politicization of the MKRS thread but I'm also one of those guys who hates to concede the last word, especially to naive but self-righteous alt-righters who politicize absolutely everything.
At this point, it should be a bipartisan understanding that anything Donald Trump says only has an incidental relation to reality, especially when touting the superlatives of policies he's touting. His definition of improvement is based on privatization and minimally-taxed corporate profit itself more than it embraces a more efficient and safer air traffic control system.
We have no idea whether the FAA or some unnamed corporation is more likely utilize MKRS in future operations.
And we won't learn if MKRS will be utilized when union-busting, Heritage Foundation corporate lackey Transportation Secretary Elaine Chao speaks today.
I'm just praying for a buyout, but not until after the price increases.
Here's an article about President Trump's infrastructure plans.
If we have to rely on Donald Trump for our well-being, God have mercy on our souls.
www.alternet.org
Trump Is Selling a Privatization Scam and Calling It an Infrastructure Plan
Scorning serious proposals, the White House offers a Trump University plan for employment.
By Jefferson Morley / AlterNet
June 5, 2017, 3:45 PM GMT
President Trump’s original proposal for a $1 trillion infrastructure jobs plan was, in principle, a worthy idea, a practical way to create jobs and improve the country’s highways, bridges, railways, and airports. In reality, Trump’s jobs agenda is a sham that does not involve a trillion dollars, won't do much for the country's infrastructure and won’t create many jobs.
That became obvious Monday during the first installment of what the Trump White House billed as “infrastructure” week: a televised event designed to look like a signing ceremony. Before the cameras, the president made only a very modest proposal calling on Congress to split air traffic control away from the Federal Aviation Administration and place it under a private, non-governmental entity. Trump made a show of signing two documents as if they were legislative bills or executive orders.
In fact, they were merely statements of “legislative principles,” according to the White House.
Trump's still-vague proposal bears all the marks of a large-scale bait and switch sales pitch like the one Trump perfected in selling fraudulent enterprises like the now-defunct Trump University to unsuspecting consumers.
The Bait
The bait was the trillion-dollar figure, which suggested Trump would launch a massive effort that could have a real stimulating effect on a $13 trillion-a-year economy. The switch is found in a fact sheet distributed by the White House. Trump’s 2018 budget involved the expenditure of no more than $200 billion toward the goal of infrastructure jobs.
The bait was that Trump’s plan would be new. The switch is that his privatization proposal recycles an old idea, opposed by Democrats and Republicans alike.
The bait, promised by Trump at the White House event, is "cheaper, faster and safer travel." The switch, unmentioned at the event, is that Trump’s 2018 budget seeks to cut $175 million from the Essential Air Services program, which subsidizes air travel to remote areas so that all regions of the country are guaranteed air access, even Hawaii and Alaska. If approved, Trump’s budget proposal would actually dismantle one feature of the current air travel infrastructure that serves rural Americans.
The Switch
Trump’s air traffic privatization scheme is less concerned with creating jobs than with selling the idea of “public-private partnerships” as the way to rebuild the country’s infrastructure. While there is no specific proposal for how these partnerships will work, or what they will build, the New York Times notes that the Trump approach calls on "states, cities and corporations to shoulder most of the cost of rebuilding roads, bridges, railways and waterways."
Such partnerships have already been rejected in Texas. In May, Bloomberg News reported that the Republican-controlled Texas House of Representatives had voted to reject a bill that would have allowed the partnerships "to participate in 18 state highway projects costing as much as $30 billion."
The legislators acted because of public opposition to the new highway tolls that the public-private partnerships would be able to impose, Bloomberg reported.
“The defeat leaves the second most-populous U.S. state unable to tap into the partnerships to finance the infrastructure improvements, even as Trump is proposing to expand their use," Bloomberg noted.
In short, Trump’s infrastructure plan bears no resemblance to a serious infrastructure jobs proposal. It ignores the proposal made last week by the AFL-CIO. It ignores the list of needed infrastructure projects cited by the American Society of Civil Engineers, which says that “dedicated public funding sources on the local, state, and federal levels need to be consistently and sufficiently funded from user-generated fees.”
It has nothing in common with the Senate Democrats’ Blueprint to Rebuild America’s Infrastructure, announced last year, or with Michael Bloomberg'sBuilding America's Future program which has the support of dozens of current and former local officials from both parties.
These sorts of programs could create up to 11 million jobs, with 55 percent of them going to high school graduates and high school dropouts, according to a Georgetown University study released earlier this year. It would especially benefit “men in blue-collar occupations, who have been left behind due to economic changes over the past several decades.”
After the election, White House adviser Steve Bannon hyped Trump’s plan as the key to the realignment of American politics.
“I’m the guy pushing a trillion-dollar infrastructure plan,” Bannon told the Hollywood Reporter in November. “With negative interest rates throughout the world, it’s the greatest opportunity to rebuild everything. Shipyards, ironworks, get them all jacked up. We’re just going to throw it up against the wall and see if it sticks. It will be as exciting as the 1930s, greater than the Reagan revolution—conservatives, plus populists, in an economic nationalist movement.”
Six months later, Bannon’s fantasy has been exposed as a ruse. In fact, there is no plan to “rebuild everything”; no proposal designed to benefit lower-skilled workers or improve America’s public works. Trump has swapped out serious ideas for a jobs program with a scheme to turn over public infrastructure assets to private interests, which would be able to extract profits under the flimsiest of supervision.
If you liked Trump University, you’ll love Trump’s infrastructure jobs plan.
Oh is that what Donald Trump said?
Last AH price over 3.70.
If they sell those shares it would bring their share count up to a whopping 15 million shares. BFD.
We have fourteen years to wait for that, Deck.