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News Out....
Summus Works, Inc. Announces Business Operations to Target Diabetes Care Marketplace
SUN VALLEY, Calif., Aug 16, 2007 (PrimeNewswire via COMTEX) -- Summus Works, Inc. (Pink Sheets:SMMW), due to its recent acquisition of BioPharmetics assets and business operations, announced today the company's plan of operations.
The company released the following statement: "As BioPharmetics, Inc. has increasingly worked on offering solutions to the healthcare arena, it is important to continue on this path for the benefit of the company and its shareholders. We intend to focus considerable interest in offering solutions for diabetic care. A recent study by the National Changing Diabetes Program, states that 12% of total federal healthcare was spent on Diabetes. That translates into a $645 billion marketplace here in the U.S. alone," stated Mr. Dan Burgess, CEO of Summus. "The solutions the company offers are cutting-edge, appeal to managed care companies, and give the physician or healthcare coordinator, information to deliver the highest quality of patient care possible in today's healthcare environment."
About Summus Works, Inc.
Summus Works recently closed an acquisition for the assets and business operations of BioPharmetics, Inc. Through this acquisition, the company will have the ability to market and sell a myriad of healthcare, anti-aging, and cosmeceutical products to healthcare companies, retail and wholesale companies, as well targeting certain sectors of healthcare, biotechnology, and cosmetics.
The Summus Works, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4093
For more information visit http://www.biopharmetics.com.
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve 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 and 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.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Summus Works, Inc.
By Staff
CONTACT: Summus Works, Inc.
Dan Burgess
(888) 607-9495
summus@summusworks.com
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
Who is expecting news today?
JB77
You don't have to wonder about...
It will be a no bid day until we
have some serious volume flowing.
Under my current calc we still need
about 6Billion more to trade to get
a bid.
JB77
At least the details on the share
structure are available.
In QBID and others that information was gagged.
JB77
I am one of them... I said it
would take about 7.5 Billion to trade to
get a bid back.
JB77
I bet Nite and UBSS will be last to leave.
The rest just follow.
JB77
I would like to see a significant reduction in
shares.
JB77
Well, It's good to see news first thing this
morning...
JB77
I agree we need at least 500Million
to be worth taking notice.
JB77
So gorb, How long do you think
it will take him to close this LOI
and report on it?
JB77
I hope Dan does not take three months
to close this deal.
JB77
Highway,
We all know this stock like other stocks that start at .0001 are long shots, but the potential may be great.
We know that Dan has many issues, but I would have to put the biggest at communication, Dan does not communicate well.
Based on Dan's track record the chance of this LOI closing is a longshot. Let's hope he prove me wrong.
We don't know why the Matrix deal failed, that's just speculation. But, we do know it did fail.
JB77
Gorb,
I have to know what kind of crystal ball
you are using? To know that if the Matix deal
went through it would be bad, But another LOI
is better if(thats a BIG IF based on Dan's track record) completed.
You have to work on your logic. LOL!
If you are so good at predictions can you give me
the lottery numbers for tonight?
JB77
Dan needs to close this deal next week.
It can't go on for months and fail like Matrix.
JB77
My guess is at least 7.5 Billion needs
to trade to get a bid!
JB77
As I said in the past, We need at least
500 Million for me to become interested.
JB77
It's good to see they also released the
news through PrimeNewswire instead of M2 which only shows on pinksheets.
PrimeNewswire show up in yahoo and other places.
JB77
This is to funny, Did Dan ever close
an LOI ever? I wonder how long
before we find out this deal has
fallen thru.
What kind of company are we? What
does this have to do with mountain sports
or media?
JB77
You mean the huge volume we had
yesterday is not a precursor to news today?
LOL!
JB77
I see people are excited today.
I will be excited when we have
a billion share day.
Lower than that just does not matter.
JB77
Don't get to excited, We need billions
to make a difference.
JB77
How do get volume without buyers?
What has the company shown that
get people to purchase this stock?
Without buyers we have no volume and
no hope of getting off the bottom.
JB77
Looks like another day with
No News and No Volume.
JB77
Some News would be nice!!!!!
Come on Dan give us some real news!
News! News! News!
JB77
Basic rule of thumb to move a pink off
the bottom is 10% of the OS...
Last time it took about 10Billion over
multiple days to get the bid back.
I expect about the same percentage.
So with 75B out it's 7.5Billion.
JB77
They would have to pony up 750K and
buy 7.5 Billion to get a bid back..
I wonder if they have the cash for
that? LOL!
JB77
Everything is a trick question when
related to SMMW. LOL.
JB77
Who is expecting the PR
parade to start this week?
JB77
We need Billions to trade for
this to move. 25 50 100 Million
won't do it. I would get
interested if 500Million traded
in a single day. Less than that
does not really matter.
JB77
Ok whats with all the posts today..
Doesn't everyone know it's Sunday?
We need lots from Dan
A business plan and a big reduction in shares.
If Dan reduced the shares 25Billion.
I will change from being on the fence to
a supporter.
JB77
Is this another day
of no volume, no news
and more wacky predictions from
mountain man? He continues to
state that we are within the
10 ten day window for this stock.
Let's hope he correct. We have
been hearing this for 2+ years now.
I do like the idea that he saying the
shares will be reduced by 25Billion.
That would be a good start.
JB77
Don't get so excited yet gorb..
It has been said on this board, that does
not make it true.
JB77
Thats what this stock needs 25B
reduction in shares, full disclosure of
owned shares and businesss execution..
JB77
And what price per share do
you need to buy that?
JB77
Another Month is upon us and we have
No Corporate Office other than a PO Box if that
No return Calls
No IR Firm
No Audited Financial Info as promised
No Price Movement
No Skier Shop
No East Coast Stations
No Mid West TV stations ???????
No Summus Centers
No N'East Magazine(Sold to Jim Transaction complete!)
No Longer Stokli Distributor
No Bid (can sell at market for .00001)
Low Volume traded to Shares outstanding
Rumors of the SEC at the door looking in? (Not Good)
Lots of Law suites against Dan...
2+ Years of a flat Stock Price
2+ Years of Dan's Vision
etc... (Feel free to add to this list)
I guess the real question is what SMMW does have...
High Angle Media
75 Billion Shares OS
80 Billion Shares AS
US Distributor of Lisker Clothing?
SENT DVD as promised (Not Everyone has received yet)
Dividend sent as promised
Lots of MM's on the Ask of .0001
Received News in June (Afer almost six months with none)
Reduced the OS 2.4 billion in June (about 3%)
Taxes paid to the State of Delaware
Company in good standing in the State of Delaware
Great Job Dan...
JB77
I never understood why Dan
would by at .0003 if he had cash
Buy three times as much at .0001.
So if he was going to buy 10Billion at .0003
I would rather him buy 20Billion at .0001
And reduce the AS and OS also.
And we know he could buy at least 10 Billion
right now at .0001.
He needs to get the AS OS and float down
for this to have a chance of moving upwards.
I believe with the current share structure we
need at least 7.5Billion to get a bid.
JB77
76 Million is a start...
But we need Billions to
trade for this bloated stock
to move.
JB77
It's been a long time...
Since we have had 250Million trade
in one day...
We need billions for this to
move off the bottom...
JB77
Well Gorb, since we now have the
N'east deal complete, what do
you expect next?
JB77
Well, Gorb,
You said that the key to SMMW was
the closing of N'East deal.
Let hope your correct and this
is the beginning of Dan's Grand Plan.
JB77