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.
WEL News. Good news for them
American Stock Exchange Continues Listing of Boots & Coots
PR Newswire - July 23, 2003 13:00
HOUSTON, July 23 /PRNewswire-FirstCall/ -- Boots & Coots International Well Control, Inc. (Amex: WEL), announced today that on July 21, 2003 it received a letter from the American Stock Exchange (AMEX) stating that the Company is not in compliance with the continued listing standards of AMEX and that AMEX had completed its review of Boots & Coots' revised plan of compliance and supporting documentation (the "Plan"). AMEX has determined that, in accordance with the AMEX Company Guide, the plan submitted by Boots & Coots on June 16, 2003 makes a reasonable demonstration of its ability to regain compliance with continued listing standards.
Specifically, Boots & Coots is not in compliance with: Section 1003(a)(i) with shareholders equity of less than $2,000,000 and has sustained losses from continuing operations and / or net losses in two of its three most recent fiscal years and Section 1003(a)(ii) with shareholders equity of less than $4,000,000 and has sustained losses from continuing operations and / or net losses in three out of its four most recent fiscal years.
Additionally, according to the Company's Form 10-Q for the period ended March 31, 2003, the Company's total shares outstanding at May 13, 2003 amounted to 82,767,293 shares. This amount is greater than those listed with the Exchange. As such, the Company is not in compliance with Section 301 of the AMEX Company Guide, which states that a listed company is not permitted to issue, or to authorize its transfer agent or registrar to issue or register, additional securities of a listed class until it has filed an application for the listing of such additional securities and received notification from the Exchange that the securities have been approved for listing.
Finally, according to the Company's definitive proxy statement that was filed on July 11, 2003, the Company has one member on its audit committee. As a result, the Company is not in compliance with audit committee composition requirements under Section 121B(b)(i) of the AMEX Company Guide, which requires each issuer to have and maintain an audit committee of at least three members, compromised solely of independent directors, each of whom is able to read and understand fundamental financial statements, including a company's balance sheet, income statement, and cash flow statement or will become able to do so within a reasonable period of time after his or her appointment to the audit committee.
AMEX has granted Boots & Coots an extension until the filing due date of Boots & Coots' Form 10-Q for the period ending September 30, 2003 to gain compliance with AMEX's listing standards subject to the Company providing AMEX with updates, at least quarterly or as requested by AMEX, in conjunction with the initiatives outlined in the submitted Plan.
About Boots & Coots
Boots & Coots International Well Control, Inc., Houston, Texas, is a global emergency response company that specializes, through its Well Control unit, as an integrated, full-service, emergency-response company with the in- house ability to provide its expanded full-service prevention and response capabilities to the global needs of the oil and gas and petrochemical industries, including, but not limited to, oil and gas well blowouts and well fires, as well as providing a complete menu of non-critical well control services. Additionally, Boots & Coots' WELLSURE(R) program offers oil and gas exploration and production companies, through retail insurance brokers, a combination of traditional well control and blowout insurance with post-event response, as well as preventative services.
Certain statements included in this news release are intended as "forward- looking statements" under the Private Securities Litigation Reform Act of 1995. Boots & Coots cautions that actual future results may vary materially from those expressed or implied in any forward-looking statements. More information about the risks and uncertainties relating to these forward- looking statements are found in Boots & Coots' SEC filings, which are available free of charge on the SEC's web site at http://www.sec.gov .
Investor Contact: Barry Gross
Gross Capital, Inc.
361-949-4999
barry@grosscapital.com
Company Contact: Brian Keith
Boots & Coots
281-931-8884
investorrelations@bncg.com
SOURCE Boots & Coots International Well Control, Inc.
/CONTACT: investors, Barry Gross of Gross Capital, Inc., +1-361-949-4999,
or barry@grosscapital.com , for Boots & Coots International Well Control,
Inc.; or Brian Keith of Boots & Coots International Well Control, Inc.,
+1-281-931-8884, or investorrelations@bncg.com /
/Web site: http://www.sec.gov /
(WEL)
XYBR I saw on the Niz board looks interesting but I would like to see either some more buying come in or less selling. It looks like it really wants to run up and some decent size buy orders in on that to.
Now a 84k buy in for FMDAY.This is unreal, This isn't just average Joe buying Shares. Someone really wants in on this thing. I can't believe they moved it down after taking that huge buy order. MM's are tough today.
I hope you guys are still watching FMDAY, Someone really wants that stock, there is a order at .41 232,000 shares. Something has to be going on with that stock. I just bought some again to see what happens.
XDSL news
mPhase's Backlog for POTS Splitter Shelves Approaching $3 million; Increased Demand for POTS Splitter Shelves Grows mPhase's Backlog
Business Wire - July 23, 2003 09:03
NORWALK, Conn.--(BUSINESS WIRE)--July 23, 2003--mPhase Technologies, Inc. (OTC BB: XDSL), announced its backlog of POTS Splitter shelves has grown to approximately $2.8 million as a result of increased demand over the past several months from DSL service providers.
"The increase in our backlog will have a positive effect on mPhase's cash flow," commented Ronald Durando, President & CEO of mPhase. He added, "Despite the telecommunications industry downturn, DSL deployments continue to accelerate."
mPhase has and will continue to focus the majority of its resources on bringing its flagship television over DSL system, the mPhaseTV+ Platform, to market. The success of mPhase's DSL component products demonstrates the breadth and depth of the company's product portfolio and ensures a revenue stream as mPhase begins to roll-out the mPhaseTV+ Platform.
About mPhase Technologies, Inc.
mPhase Technologies Inc. develops solutions for cost-effectively and reliably transmitting broadcast digital television, high-speed Internet access and traditional telephone service over existing copper telephone lines. mPhase also offers a growing line of innovative DSL component products, such as the iPOTS, designed to help service providers lower the operating costs associated with DSL.
More information is available at the mPhase Web site at www.mPhaseTech.com, or by calling 877-674-2738. Investors may obtain additional information and subscribe to investor services by referring to the Investor Information section at the mPhase Web site.
CONTACT: mPhase Technologies Inc.
Jennifer Silcott, 203-831-2208
jsilcott@mphasetech.com
WEL earnings are expected to be much better and they should be out by Aug 15th. Should be interesting. Anyone still holding any WEL?
WEL sneaking up the past 2 days. They sent out their Proxy votes today to Share Holders.
They are really trying to push Lucent up. Resistance is strong right now.
Pulled out of WBR, I didn't like the way it was trading. Alot of selling went on. It may move up tomorrow but I made a few bucks and I am happy;)
WBR News it out..
Wyndham Orlando Resort to Begin $10-Million Expansion of Meeting Space and Interior Renovation
Business Wire - July 22, 2003 13:23
ORLANDO, Fla.--(BUSINESS WIRE)--July 22, 2003--Wyndham International, Inc. (AMEX:WBR) has announced the ground-breaking of a $10-million expansion and renovation at the 1,052-room Wyndham Orlando Resort, located on the city's famed International Drive. Slated for completion in summer 2004, the expansion will add 42,000 square-feet of meeting space, bringing the total amount of function space to 77,000 square-feet and reaffirming the resort's status as one of the top meeting destinations in central Florida.
"The expanded meeting space will allow us to accommodate a greater number of groups who often need variety and flexibility for simultaneous or different themed events," said Tim Corder, director of sales for the Wyndham Orlando Resort. "In addition, the resort continues to offer Wyndham's award-winning service and amenities, including wi-fi technology and high-speed Internet access - a huge incentive to meeting planners."
The new facilities will include an 18,500-square-foot ballroom capable of accommodating groups of up to 2,000 guests as well as feature a state-of-the-art lighting system.
The Wyndham Orlando Resort's guestrooms and suites will also experience a transformation with new carpeting and interior design featuring warm tropical colors. In addition, the resort will boast new landscaping, a new grand entrance onto the resort grounds, resurfaced walkways and new walkway railings. As part of the landscaping project, an area will be developed to accommodate up to 24,000 square-feet of tenting for outdoor special events.
The Wyndham Orlando Resort evokes the understated elegance of Old Florida. Set within 42 acres of lush tropical landscaping and located just minutes from the Orange County Convention Center as well as legendary theme parks such as Universal Studios Florida(R) and Sea World(R) Adventure Park, the resort features three outdoor pools, health club facilities, an onsite business center and three onsite restaurants.
For details on the meeting space expansion or to book a meeting at the Wyndham Orlando Resort, contact the Wyndham Orlando Sales Department at (407) 351-2420. For reservations contact the hotel direct at (800) 421-8001.
Wyndham Hotels & Resorts is an innovative, upscale hotel brand with properties located in the U.S., Caribbean, Canada, Mexico and the United Kingdom. Owned, managed and franchised by Wyndham International, Inc., Wyndham's brand philosophy centers on listening to the individual needs of business and leisure travelers, and responding with personalized services. With a history of program firsts, Wyndham has developed Wyndham ByRequest(R), a unique guest recognition program that tailors each guest's stay according to their preferences, and the award-winning Women On Their Way(R) program, which caters to the needs of women business travelers. For reservations, call a travel planner, Wyndham Hotels & Resorts at 800-Wyndham or visit Wyndham on the Internet at www.wyndham.com.
CONTACT: Wyndham Hotels & Resorts
Amy Campbell, 214-863-1628
acampbell@wyndham.com
Lucent had some good news. I am surprised they are not moving higher than this right now. I would think they should have hit atleast 2.00 on this news.
Sprint Signs $1 Billion Contract With Lucent Technologies To Enhance Nationwide PCS Network
Multi-Year Deal Highlights Sprint's Continued Commitment to Customer Satisfaction and Network Quality Leadership; Lucent to Provide 3G Mobile Infrastructure Equipment
MURRAY HILL, N.J., Jul 22, 2003 /PRNewswire via COMTEX/ -- Lucent Technologies (LU) and Sprint (NYSE: FON, PCS) today announced a major agreement to enhance and upgrade the largest high-speed wireless network in the United States with additional third-generation (3G) mobile equipment from Lucent. The two companies signed a new, multi-year contract valued at up to $1 billion, covering major markets across the United States from New York to California.
Lucent will provide Sprint with the Flexent(R) CDMA Modular Cell 4.0 and other advanced base stations, switching equipment, related software and advanced services. When added to the network, these solutions are expected to provide Sprint with improved performance and increased reliability throughout its network, leading to an improvement in overall network quality for millions of Sprint customers.
Under the agreement, Lucent Worldwide Services will provide installation, integration, optimization and Remote Technical Support services for Sprint's network upgrade.
"Customer satisfaction is the number one priority at Sprint," said Kathy Walker, senior vice president of Network Services at Sprint. "This new agreement with Lucent will help us continue to offer our customers the most advanced and comprehensive wireless services available while also improving the reliability, quality and performance of the Sprint network."
Sprint built its nationwide PCS network based on CDMA (code division multiple access) technology, which enables the cost-effective introduction of advanced mobile data services and increases in voice capacity. The new equipment from Lucent will enhance Sprint's nationwide 3G1X network, increase coverage and capacity, and enable Sprint to offer even more advanced data services based on CDMA2000 1xEV-DV technology in the future.
"We've been with Sprint since the company installed its first base station in 1996, and we're delighted that it is still turning to Lucent to provide the equipment that will help keep its network working at top performance for years to come," said Chuck Naylor, sales vice president, Lucent Technologies. "Our base station equipment is designed with the future in mind so that Sprint can make cost-effective and simple enhancements to deliver 1xEV-DV services to its customers."
CDMA2000 is an advanced and efficient wireless technology being introduced worldwide and an international 3G standard established by the International Telecommunications Union (ITU).
About Sprint
Sprint is a global integrated communications provider serving more than 26 million business and residential customers in over 100 countries. With approximately 70,000 employees worldwide and nearly $27 billion in annual revenues, Sprint is widely recognized for developing, engineering and deploying state-of-the-art network technologies, including the United States' first nationwide all-digital, fiber-optic network and an award-winning Tier 1 Internet backbone. Sprint provides local voice and data services in 18 states and operates the largest 100-percent digital, nationwide PCS wireless network in the United States. For more information, visit www.sprint.com.
About Lucent Technologies
Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers networks for the world's largest communications service providers. Backed by Bell Labs research and development, Lucent relies on its strengths in mobility, optical, data and voice networking technologies as well as software and services to develop next-generation networks. The company's systems, services and software are designed to help customers quickly deploy and better manage their networks and create new, revenue-generating services that help businesses and consumers. For more information on Lucent Technologies, visit its Web site at http://www.lucent.com.
Lucent's Mobility Solutions Group is a leading global provider of mobile networking technologies, having deployed more than 80,000 spread-spectrum base stations for mobile operators worldwide.
SOURCE Lucent Technologies
Debra Lewis of Lucent Technologies, +1-973-386-5065, ormobile - +1-917-848-0035, dflewis@lucent.com; or Dan Wilinsky of Sprint,+1-913-762-7017, dwilin01@sprintspectrum.com
http://www.sprint.com
Copyright (C) 2003 PR Newswire. All rights reserved.
Thanks Wise, I am going to hold on to see what happens with it. I don't hold alot of it and I think it is coming up for a reason. It will be interesting to see what happens with it. Keeps hitting resistance. If it can break it I think it could move to .55 soon.
WBR still moving up. Volume has picked up and they have no news yet Now it is .49 x .50
WBR still slowly sliding up. Was down to .42 the other day and now is back up to .47
USGA had a 9k buy before the bell but nothing since. The buy was @.40
It is going to be interesting to see what FMDAY does today. Lets see if it falls again and then if the buying jumps up after a while. Some of those 100k orders didn't go through yesterday and I can't picture someone wanting 100k and just forgetting about it today.
AAC looks like it wants to move again today. Pre-market it seems to be sliding up. I am going to wait to see if it drops back a bit and maybe pick some up. They had some buying come in yesterday and there was no news.
lol sec. That might have been the time...
Raging Bull broke record for most minutes in a row working..lol
WBR volume is picking up today. Not really going anywhere but I saw someone on the niz board say it is going to double soon. I asked what made them think that..lol But regaurdless the volume has picked up a bit today. I own it at .46 so I am pretty close to where I need to be but keep a eye on it..
Wise, you got mail...
Chuck
Smooth Jazz
I think you made a good choice with USGA. They have alot of potential right now. I really like them alot..
Best of luck to you..
Chuck
I don't blame you wise. It ran nice and no use getting greedy when it gave up a nice gain. Support seemed to be falling apart. I sold at .44 which was a bit early but I am happy with it.
Again, great call...
Chuck
Jlndst. Here is the site for the book viewer. Let me know if it comes up ok for you. I also have it on my Ameritrade account and thats where I use it but island has it to.
http://www.island.com/bookviewer/javaversion.asp
Jlndst, I saw the buy orders sitting on the Island book viewer and I have level 2. On the island web site they have a book viewer you can watch on there to..
Wise, now what do you do? That thing got all that buying out of nowhere. Really jumped it up. Looks like news is coming on it with the size of some of those blocks. no news and 100k buys? Buy orders were coming in 3 buys or more per sell. FWIW, I sold it but if it hits in the .30's again I am going to jump on it again.
ref, I don't blame you, I would have sold it to. Lots of shares out there and alot of people taking profits that got in alot lower.
Great call wise on FMDAY. Looking great.
FMDAY has some buying coming in again. Even saw 2 100k buy orders sitting there at .36
Hi guys, I guess you guys have had it with RB and their mess of a board to. It just seems to get worse instead of better.
ref, that is the best word to describe what they are doing with WLDI
I am sitting here watching it, what a mess. They had that few minutes where there was no buys and they dropped it then they moved it back to .01 and took a ton of buys, they really expect us to believe all those orders weren't there before they dropped it?
MM's seem to be holding it up at .37 wise. If they could break that they look like they could hit .40's
But the way the market is running so far today it seems it is bound to sit at .37 atleast for today. Maybe some news coming for it?
How much more upside do you think FMDAY has in it wise?
Chuck
When we got back from our vacation it seemed RB had it's problems straight. Now they can't get it right again...lol
I think DIO is ready for a pop soon. Chart looks pretty good on it. I bought more yesterday to see what happens with it.
Greenspan should be. 2 weeksago he said this will be the last rate cut. The rate cut before that he said this will be the last rate cut. But back to this one. He just said it 2 weeks ago, this will be the last rate cut and now he hinted there may be another rate cut? He is acting acting like he is lost or oblivious to what has been going on. I just don't understand his thinking at all and it seems alot have lost confidence in him.
I think USGA has more going on for it right now than the company is letting on. They added in their PR about they are negotiating with major airlines. I think they have something signed. It is all a guess but usually with this type of PR you would see major dumping of shares and the company seems to be holding onto their shares. Any buying or selling activity moves the price accordingly. So there is no steep drop and a slow climb.
Thanks sec. News like that makes me think there will be more news to come. Going to have to see what happens with it tomorrow.
Hi guys. Back from vacation. hmmmm I go away on vacation and the board moves...lol You guys trying to tell me something???lol
Hope all is well with everyone.
time for work now, what seems to be going on, any rumors? Whats on the watch list? I am a bit anxious to get started.
Chuck