Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Great to hear some progress on the battery!
KMG Chemicals Names Ernest C. Kremling, II as New VP of Operations
Tuesday February 12, 8:30 am ET
HOUSTON--(BUSINESS WIRE)--KMG Chemicals, Inc. (NASDAQ: KMGB - News), a global provider of specialty chemicals in niche markets, today announced that Ernest C. Kremling, II recently joined the Company as the Vice President of Operations, a newly created position. Prior to joining KMG, Mr. Kremling spent 20 years with the Dow Chemical Company in various manufacturing roles, which included project management and plant and site leadership. During the course of his employment with Dow, he worked in Asia for several years and held positions of global responsibility that covered Asia, Europe and South America.
Source: KMG Chemicals, Inc.
· Ernest C. Kremling recently joined KMG Chemicals, Inc. as the Vice President of Operations. (Photo: Business Wire). View Multimedia Gallery
Neal Butler, President and CEO of KMG, commented, “Ernie brings a broad base of domestic and international experience with solid leadership skills which will prove valuable in ensuring KMG’s ability to continue to deliver double-digit earnings growth. Ernie will be responsible for global manufacturing and supply chain functions for all of the KMG businesses. As our business grows in both size and complexity, it is necessary to strengthen and improve the management talent in key roles, and Ernie represents a critical step in accomplishing this goal. We are extremely pleased to have him as a member of our leadership team.”
About KMG
KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to niche markets. The Company grows by acquiring and optimizing stable chemical product lines and businesses with established production processes. Its current operations are focused on the wood treatment, electronic, and agricultural chemical markets. For more information, visit the Company's web site at www.kmgchemicals.com.
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, the impact of competitive services and pricing and general economic risks and uncertainties.
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5608206
Contact:
KMG Chemicals, Inc.
John V. Sobchak, 713-600-3814
Chief Financial Officer
jsobchak@kmgchemicals.com
www.kmgchemicals.com
or
Investor Relations Counsel:
The Equity Group Inc.
Melissa Dixon, 212-836-9613
MDixon@equityny.com
or
Linda Latman, 212-836-9609
LLatman@equityny.com
www.theequitygroup.com
No kidding, people sure play in all sorts of ways..
Think we'll get audited financials on SecureNetView for these shares? SecureNetView's website looks like it hasnt been touched in 5 years, and this company is supposed to have technology at it's core.
Holding pretty well in 2008 without much news
It seems this healthy discussion is a prediction or opinion more than anything. While I agree with you, that the company doesnt magically double in value by doubling the # of shares people hold, but others seem to be betting on it. Quote from the PR;
""thus bringing the company's market cap to a still very undervalued $414,846 from the current market cap of $207,423", said Clayton Young President & CEO."
My .02 on the divi: Several shareholders were asking for exposure to the company before the divi is announced. Company PR's the Divi, and new investors show up. If most of the new players hold their shares a while, and the PPS holds relatively-well, company increases market cap from where they were, investors are once-again happy with response from management, and we snag a few more investors. Everyone wins, and company takes a step in being able to obtain more/bigger credit/investors (which they are certainly going to need to meet the 2 year plan).
On the other hand, if there's a ton of selling after the divi, and the share price drops to half or less of current, watch and see how fast the tone changes..
IMO, they shoulda just left the float smaller.
No way Jose, there have been enough here..
* Formerly=New Capital Funding Corp. until 10-07
* Formerly=First Guardian Financial Corp. until 5-07
* Formerly=Viyon Corp. until 7-05
* Formerly=Millennium Direct, Inc. until 5-04
* Formerly=Kid Rom, Inc. until 11-99
Probably gonna gap up Monday. Lots of new people here..
+1 for 1 Stock Dividend to Shareholders of record on February 11, 2008
+store #1 year end revenues were $875,000
+acquisition of two additional retail outlets
+building two new retail optical centers
+4,148,462 Shares Outstanding In The Public Float (pre divi)
+ten to fifteen retail outlets within the first twelve months of operations and twenty to thirty additional outlets within the second
+20 Million Dollar Line of Credit
+Significant Reduction of the Company's Authorized Shares since shell ownership change
-"I intend to build this company with the least amount of shares outstanding (current 3,458,525 common shares in the float) as possible," said Mr. Young, President & CEO. (November 5, 2007). Float will soon be 8,296,924.
-Shell History
H3 is doing a great job involving local media where they can.
Thanks - this is good news, certainly helps transparency in the shadowy world of the pinks.
Correct. The pinksheets website has old data on the company that could use updating. Getting the stop sign removed wouldn't hurt investor confidence.
Thinking the same here, hope the Youngs have a plan to attempt to prevent the new share sell-off. Perhaps news on new locations getting up and running.
Would be nice to see them get compliant with pinksheets, and get out of the "dark/defunct" category they associate with "no information".
Cant help but wonder if it will take another year to hear anymore news.
ASK down to .0001
Ouch
Welcome to all the new buyers joining us.
It's been a good month for UHCR, Props to the Youngs for moving things along as well as they have.
Personally, I would have rather seen a reduction in the OS than this divi, but it sure seems to have done the Promotional trick so many on the board were looking for.
Now we'll need a steady flow of news to keep the new buyer's interest.
15 stores by the end of 08?
Exposure will come if they get their sites up & making money.
"With this acquisition of two additional outlets and the two outlets under construction along with the one already operating, the company will have a minimum of five outlets operating within the first quarter and will be well on its way towards the stated objective of fifteen outlets by year's end."
mPhase/AlwaysReady Announce Strategic Direction for 2008
LITTLE FALLS, NJ, Jan 24, 2008 (MARKET WIRE via COMTEX) -- mPhase/AlwaysReady, Inc. (OTCBB: XDSL), a micro and nanotechnology development company focused on advanced power and sensing solutions, today announced the completion of its 2008 strategic planning process, resulting in several new corporate developments that will accelerate the commercialization path of its revolutionary nanotechnology-based battery.
First, corporate parent mPhase has reaffirmed its commitment to focusing energy and resources on the development and commercialization of the AlwaysReady Power On Command(TM) Smart Battery. The Smart Battery is a nanostructured electrochemical system that offers a revolutionary approach to energy storage. Its unique architecture enables key features including a shelf life of decades, remote activation, and programmable power management capabilities.
"We believe that the smart battery, having performed successfully in recent field tests, shows great promise for both military and commercial use," said Fred Allen, CEO of AlwaysReady. "We are pleased to have identified several potential market applications which leverage our technical advantages, and have chosen one specific area on which to focus our product launch efforts which will facilitate the fastest path to profitability."
"We are also deemphasizing our IPTV assets and looking at our options to sell and/or license our intellectual IPTV property, which we believe offers great value," added Ron Durando, mPhase Chairman.
These updates and other information will be available on the newly designed and updated mPhase corporate website, to be launched within the coming week.
Additional details will be shared within a shareholder letter, also to be distributed next week.
About AlwaysReady, Inc.
AlwaysReady, Inc., a new subsidiary of mPhase Technologies, Inc., is a micro and nanotechnology development company focused on advanced power and sensing solutions. AlwaysReady designs and develops proprietary technology by manipulating matter at the scale of atoms and molecules, controlling properties at the micro and nanometer levels, and packaging solutions into products that provide value to customers. The smart battery offers a revolutionary approach to energy storage and power management.
Im not a fan the penny site interviews. Any form of pumping may not be well received, with the history of this company's shell. If the Youngs pull off the 12-15 stores in a year, provide audited numbers, and keep the focus on growth for a while, this will do fine.
2008 is looking like it will be a rough year for the market, so these "little guy" companies are going to have it that much tougher.
pumpers poking people to promote their pink?
OUTSTANDING SHARES OF COMMON STOCK:
The Company confirmed in a Form 8-K filing with the SEC yesterday, Monday December 10, 2007, that its total amount of outstanding shares of Common Stock were in the amount of 3,387,107,228, as at that date.
The Transfer Agent has confirmed the amount of 295,773,621 shares of the Company's Common Stock is "free trading" and unrestricted; and that the amount of 3,091,333,607 shares of the Company's Common Stock are restricted.
83m+ shares traded and no change the the B/A?
sure are
25% more ffgo shares finally? which broker?
Still nothing in my ST account.
They are trying to comply with pinksheets.com requirements to get their pinksheets tier upgraded. Should they continue with transparency and reporting, it should help them down the road if/when they try any uplisting, as well as help with investor confidence.
Filings posted today..
ST-No
Local Rep says they are waiting on shares from the TA
The extra shares that have some into play in the last 18 months haven't come in too fast. There hasnt been any recently, but they will need more money, and we dont know how long location 1 will take to produce a good profit, yet.
Regardless, If Dr. Ben pulls off some great hype with celebs & major media, it could still spike like mad.
They did dilute it since 2006, when they told us "The correct number should be approximately 70,000,000 shares of common stock issued and outstanding".
Last time I tried the TA, they were still gagged.
And just for a walk down memory lane;
HTRE Announces First Two Locations for HipHopSodaShops in Tampa & Orlando
Tuesday July 18, 9:15 am ET Sapp Setting Super HTRE Development Pace Across Florida
NEW YORK--(BUSINESS WIRE)--July 18, 2006--All time NFL Great Warren Sapp sped up his already torrid pace across Florida getting lease agreements signed for HipHopSodaShops before he boards a plane for his upcoming training camp with the Oakland Raiders. H3Enterprises, Inc. (OTC: HTRE - News) just announced the signing of the Lease Agreement for the first HipHopSodaShop in Tampa Bay, making that the second lease since Sapp's signing on with H3 Enterprises less than a month ago. H3 Enterprises is opening these stores in partnership with Warren Sapp, who grew up in Orlando and won the Super Bowl as a member of the Tampa Bay Buccaneers.
The first Tampa Bay SodaShop is expected to open in the next 60-90 days on Bruce B Downs Boulevard located less than a mile from the University of South Florida. The 5000 sq. ft. store features a central "CyberSports Arena," the healthy and affordable HipHopSodaShop menu, more than a dozen giant HD and Plasma screens, and large merchandising and entertainment areas.
The first Orlando store is located on S. Kirkman Road just a few miles from Sapp's hometown of Apopka. "The HipHopSodaShops provide a safe and fun environment where the hiphop generation can go and do what the hiphop generation does," stated Sapp. "I can't think of a better way of giving back than putting my own money to work on my own turf while creating good jobs, great entertainment and invaluable educational opportunities within my own neighborhoods. I'm looking forward to heading back to 'The U' soon to start development of our first store in Miami," Sapp concluded.
"We expect to make several more exciting announcements in the upcoming days including the unveiling of our breakthrough competitive CyberSports League, H3Players.com, as well as other aspects of our partnership with Warren Sapp." said HTRE President and Founder, Brian "H3" Peters.
$13/pps = $2,390,660,909 market cap
might take a while :)
Why is KING moving so much?
"The company is currently reviewing several options to further reduce its Authorized Common Shares by an additional 2,000,000 to 3,000,000 shares by years end."
Their IR page now shows Public Float @ 4,150,230. I doubt this will change by the end of the year. Even if it did, judging from today, the board will jump all over them again. After all, isn't reducing the share structure another old Pink pump trick?
As far as the credit goes.. If their buyin stores, perhaps some here will think the Youngs are writing checks for them? Maybe they're showing up with a briefcase full of cash? They are going to need credit to do the acquisitions, and they should have the collateral with the first location. No shares printed.
While I also hope to see these sites updated soon, I suspect IT resources are very limited at this point. Whoever is doing IT work for H3 has probably been putting the lions share of their effort into Tampa; gaming systems, phones, POS, swipe cards, satellites, etc..
They have to keep the PRs coming. This is the best way to keep the handful of us hopefuls holding, otherwise this goes back to sub-penny.
I agree with Titan, with only 1 store at the moment, pumping this thing at this point will not likely pull many more investors in. Let the Youngs execute before going promo crazy.
OK, I'll volunteer.
Is a free member eligible?
Can someone post the current level 2s?
CONGRATS on an awesome performance in the month on November TGT!
Hey, I'm gonna need one sooner or later.
YOUNGS - How about a discount for shareholders?