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$LUVU 0.06's don't hang around long here on the ask
$COGI..From London last week to Tokyo this week...
https://twitter.com/codaoctopusltd
major advancement for LTE connectivity and 5G future....
$ERFB
Related press
$GLW Corning PR
https://ih.advfn.com/p.php?pid=nmona&article=74979959
PRESIDENT TRUMP's TRILLION DOLLAR ACCELERATED INFRASTRUCTURE PLANS. The telecommunications industry is in desperate need of upgrading wireless infrastructure from 4G to 5G, there are numerous large utility plant hardening projects that will soon be underway, and there is desperate need for a complete upgrade and hardening of America's Grid Systems. The combination of ERF and Accordant is perfectly positioned to take advantage of these infrastructure upgrade projects as soon as they are approved by the new administration."
http://m.marketwired.com/press-release/erf-wireless-completes-acquisition-all-equity-interests-accordant-communications-ahead-otc-pink-erfb-2202026.htm
$GE Jeff Immelt to stepdown..More to come...
Pre-market 29.10 ? 1.16 (4.15%)
GE will be hosting a Facebook Live chat with its employees today at 9:00 a.m. ET. To access visit: https://www.facebook.com/GE/.
GE will be holding an investor webcast at 11:30 a.m. ET today. To access, visit: https://edge.media-server.com/m6/p/o4b6ezv5
http://www.genewsroom.com/press-releases/john-flannery-named-chairman-and-ceo-ge-283823
I left out the new contact info which was in the last few PR's
Contact: Dr. John Barnett ERF Wireless 4139 Centurion Way Dallas,TX (725)696-3282 drjohnbarnettmd@gmail.com http://www.erfwireless.com
It most likely will have to be resolved...before we see filing Just my thinking.
John Barnettt, CEO, today announced that the company has hired special counsel to look into possible wrongful issuances of shares by prior management. - See more at: http://www.pr4us.com/pr-4297-erf-wireless-launches-share-issuance-investigatio.html#sthash.oj4mAn73.dpuf
I did an edit noted
Here's a starter DD $ERFB I put together...
ERFB..The new company Accordant Communications, LLC...
Utilities and 5G Wireless Infrastucture
https://ecorp.sos.ga.gov/BusinessSearch/BusinessInformation?businessId=1500655&businessType=Domestic%20Limited%20Liability%20Company
Note
Glenn Shaffren, no longer with Accordant
https://www.linkedin.com/in/glenn-shaffren-5011b42/
President, Accordant Communications
Dan Himes
https://www.linkedin.com/in/dan-himes-b8b55333/
ACCORDANT COMMUNICATIONS, LLC
Flordia Business
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=ACCORDANTCOMMUNICATIONS%20M130000019440&aggregateId=forl-m13000001944-7a93a71e-403a-44f9-af33-d567395e52cf&searchTerm=ACCORDANT%20COMMUNICATIONS%2C%20LLC&listNameOrder=ACCORDANTCOMMUNICATIONS%20M130000019440
Major Changes within the company ERF Wireless Inc. ERFB
03/13/17 New Board of Directors
ERFB) today announced major changes to its board of directors. Three (3) new directors including Steven M. Sarno, Dr. John B. Barnett, and Joey Milan were appointed to the board on an interim basis on March 12, 2017 pursuant to a written consent by a majority of shareholder votes as allowed under the Bylaws of the Corporation and Nevada law. Simultaneously, the incumbent Dr. H. Dean Cubley has resigned as chairman and director; and Dr. Bartus Batson has likewise resigned from the board; both citing personal reasons. The new directors bring diverse backgrounds in business to ERF. Sarno, an officer of newly acquired Accordant Communications, brings a strong background in the wireless, power and infrastructure construction industries. Milan and Dr. Barnett bring years of experience in a variety of industries. The new directors intend to implement the new ERF initiatives recommended by Asset Econometrics, a turnaround and restructuring firm previously engaged by ERF, including beginning a search for new management to lead ERF into the future.
https://www.otcmarkets.com/stock/ERFB/news
May 26,2017 NEW CEO
ERF WIRELESS, INC. (“ERF”) (OTC PINK: ERFB) today announced that the company has completed the updating of its financial statements and OTC disclosures in order to become a current alternative reporting company with OTC Markets. Application to list as an OTC alternative reporting company will be submitted to OTC Markets in the coming days as ERF takes steps to move forward after choosing to become a non-reporting issuer last fall.
http://www.pressreleasepoint.com/erf-wireless-takes-steps-update-financials-otc-markets
Thanks to Petrobot posting.
May 26, 2017
John Barnettt, CEO, today announced that the company has hired special counsel to look into possible wrongful issuances of shares by prior management. - See more at: http://www.pr4us.com/pr-4297-erf-wireless-launches-share-issuance-investigatio.html#sthash.oj4mAn73.dpuf
ERF Wireless LLC NV SOS Updated....
Company - Status Active
Business License Exp: 6/30/2018
AS/ unch
President - JOHN B BARNETT..Status: Active
Secretary - JOHN B BARNETT..Status: Active
Treasurer - JOHN B BARNETT..Status: Active
Director - JOHN B BARNETT..Status: Active
President - H DEAN CUBLEY..Status: Historical
https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=VCx3Hx1daKIW4xeI0ohXgQ%253d%253d&nt7=0
Actions\Amendments
Action Type: Annual List
Document Number: 20170221187-91 # of Pages: 1
File Date: 5/22/2017 Effective Date:
https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=VCx3Hx1daKIW4xeI0ohXgQ%253d%253d&CorpName=ERF+WIRELESS%2c+INC.
For more news about the Co. Restructure going back to Sept. 2016
https://fintel.io/s/us/erfb
https://www.otcmarkets.com/stock/ERFB/news
ERF Wireless, Inc.
Outstanding Shares 730,000,000 a/o Jan 13, 2017
Float 550,000,000 a/o Jan 13, 2017
https://www.otcmarkets.com/stock/ERFB/profile
Accordant Communications, LLC
http://www.acc-com.com
Anytime its brought to my attention that a company is going though major change or atempting to reinvent itself it is of intrest, and not at all a buy recomendation. You guys know the drill, this is my DD.
1c
Movers $JNSH and sleepers $LUVU $ERFB
$JNSH one of those good problems to have,... so just asking what happens when JNSH blows through resistance? From a techical view point I mean.
I'm no chartist.
GM Cheeky..ERFB..The new company Accordant Communications, LLC...
Utilities and 5G Wireless Infrastucture
https://ecorp.sos.ga.gov/BusinessSearch/BusinessInformation?businessId=1500655&businessType=Domestic%20Limited%20Liability%20Company
Note
Glenn Shaffren, no longer with Accordant
https://www.linkedin.com/in/glenn-shaffren-5011b42/
President, Accordant Communications
Dan Himes
https://www.linkedin.com/in/dan-himes-b8b55333/
ACCORDANT COMMUNICATIONS, LLC
Flordia Business
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=ACCORDANTCOMMUNICATIONS%20M130000019440&aggregateId=forl-m13000001944-7a93a71e-403a-44f9-af33-d567395e52cf&searchTerm=ACCORDANT%20COMMUNICATIONS%2C%20LLC&listNameOrder=ACCORDANTCOMMUNICATIONS%20M130000019440
Major Changes within the company
03/13/17 New Board of Directors
ERFB) today announced major changes to its board of directors. Three (3) new directors including Steven M. Sarno, Dr. John B. Barnett, and Joey Milan were appointed to the board on an interim basis on March 12, 2017 pursuant to a written consent by a majority of shareholder votes as allowed under the Bylaws of the Corporation and Nevada law. Simultaneously, the incumbent Dr. H. Dean Cubley has resigned as chairman and director; and Dr. Bartus Batson has likewise resigned from the board; both citing personal reasons. The new directors bring diverse backgrounds in business to ERF. Sarno, an officer of newly acquired Accordant Communications, brings a strong background in the wireless, power and infrastructure construction industries. Milan and Dr. Barnett bring years of experience in a variety of industries. The new directors intend to implement the new ERF initiatives recommended by Asset Econometrics, a turnaround and restructuring firm previously engaged by ERF, including beginning a search for new management to lead ERF into the future.
https://www.otcmarkets.com/stock/ERFB/news
May 26,2017 NEW CEO
ERF WIRELESS, INC. (“ERF”) (OTC PINK: ERFB) today announced that the company has completed the updating of its financial statements and OTC disclosures in order to become a current alternative reporting company with OTC Markets. Application to list as an OTC alternative reporting company will be submitted to OTC Markets in the coming days as ERF takes steps to move forward after choosing to become a non-reporting issuer last fall.
http://www.pressreleasepoint.com/erf-wireless-takes-steps-update-financials-otc-markets
ERF Wireless LLC NV SOS Updated....
Company - Status Active
Business License Exp: 6/30/2018
AS/ unch
President - JOHN B BARNETT..Status: Active
Secretary - JOHN B BARNETT..Status: Active
Treasurer - JOHN B BARNETT..Status: Active
Director - JOHN B BARNETT..Status: Active
President - H DEAN CUBLEY..Status: Historical
https://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=VCx3Hx1daKIW4xeI0ohXgQ%253d%253d&nt7=0
For more news about the Co. Restructure going back to Sept. 2016
https://fintel.io/s/us/erfb
https://www.otcmarkets.com/stock/ERFB/news
ERF Wireless, Inc.
Outstanding Shares 730,000,000 a/o Jan 13, 2017
Float 550,000,000 a/o Jan 13, 2017
https://www.otcmarkets.com/stock/ERFB/profile
Accordant Communications, LLC
http://www.acc-com.com
Anytime its brought to my attention that a company is going though major change or atempting to reinvent itself it is of intrest, and not at all a buy recomendation. You guys know the drill, this is my DD.
The last 2 days I moved my bid up to 0024, other bids shares followed.
This should catch some good support @0022
As of Feb. They had paid 70% of the debt
Shouldn't be much left
$IRDM..JUNE 25, 2017 Target launch date Iridium NEXT...
https://www.fool.com/investing/2017/05/28/iridium-readies-for-second-round-satellite-launch.aspx?yptr=yahoo
$IRDM..TUES. JUNE 13,2017 webcast presentation 9:30 CT...
https://finance.yahoo.com/news/iridium-present-william-blair-growth-200100220.html
$IRDM..Trump lays out plan to privatize air traffic control system
https://finance.yahoo.com/news/trump-lays-plan-privatize-air-170900826.html
$RTN 160.53 Raytheon awarded up to $600 million to sustain and modernize U.S. Army strategic software systems
http://www.prnewswire.com/news-releases/raytheon-awarded-up-to-600-million-to-sustain-and-modernize-us-army-strategic-software-systems-300471179.html
$IRDM #air-traffic #Avation #Infrastructure
Aireon LLC, a subsidiary of Iridium Communications Inc.
https://www.iridium.com/company/industryleadership/aireon
https://aireon.com/2017/04/26/federal-aviation-administration-aireon-announce-space-based-ads-b-nextgen-technology-flight-test-success/
https://aireon.com/2017/05/03/nav-canada-aireon-complete-successful-space-based-ads-b-flight-test/
Iridium Communications Inc.
https://www.iridium.com/network/iridiumnext
https://seekingalpha.com/symbol/IRDM/key-data
Aireon
In partnership with leading Air Navigation Service Providers (ANSPs) from around the world, like NAV CANADA, ENAV, the Irish Aviation Authority (IAA) and Naviair, as well as Iridium Communications, Aireon is set to revolutionize the global aviation industry. In 2018, Aireon will deploy a global satellite-based system capable of tracking and monitoring aircraft around the globe in real-time.
https://aireon.com/company/
New Target Date for Second Iridium® NEXT Launch
Second Batch of 10 Iridium NEXT Satellites Now Scheduled for June 25th Launch from Vandenberg Air Force Base
http://investor.iridium.com/releasedetail.cfm?ReleaseID=1027961
$IRDM
EV is the future. Need a charge? $JNSH
I also think it could bounce with vengeance with a barrage of filings
I wanted to wait for filings before buying more but I may put in
a support bid. I'm wondering if there is still some lingering
debt conversions with VNDM on the ask.
$GRWG Growgeneration Investors Presentation June 2017...
#MJ
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12114241#F8K060617EX99I_GROWGEN_HTM
$GRWG Growgeneration Investors Presentation June 2017...
#MJ
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12114241#F8K060617EX99I_GROWGEN_HTM
$GRWG Growgeneration Investors Presentation June 2017...
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12114241#F8K060617EX99I_GROWGEN_HTM
Infrastrucure, Air Traffic Control $IRDM Aireon LLC, a subsidiary of Iridium Communications Inc..current pps 10.82
https://www.iridium.com/company/industryleadership/aireon
https://aireon.com/2017/04/26/federal-aviation-administration-aireon-announce-space-based-ads-b-nextgen-technology-flight-test-success/
https://aireon.com/2017/05/03/nav-canada-aireon-complete-successful-space-based-ads-b-flight-test/
Iridium Communications Inc.
https://www.iridium.com/network/iridiumnext
https://seekingalpha.com/symbol/IRDM/key-data
Aireon
In partnership with leading Air Navigation Service Providers (ANSPs) from around the world, like NAV CANADA, ENAV, the Irish Aviation Authority (IAA) and Naviair, as well as Iridium Communications, Aireon is set to revolutionize the global aviation industry. In 2018, Aireon will deploy a global satellite-based system capable of tracking and monitoring aircraft around the globe in real-time.
https://aireon.com/company/
$IRDM Aireon LLC, a subsidiary of Iridium Communications....
#Stocks #airtrafficcontrol #Avation #Infrastructure
https://www.iridium.com/company/industryleadership/aireon
https://aireon.com/2017/04/26/federal-aviation-administration-aireon-announce-space-based-ads-b-nextgen-technology-flight-test-success/
https://aireon.com/2017/05/03/nav-canada-aireon-complete-successful-space-based-ads-b-flight-test/
Iridium Communications Inc.
https://www.iridium.com/network/iridiumnext
https://seekingalpha.com/symbol/IRDM/key-data
Aireon
In partnership with leading Air Navigation Service Providers (ANSPs) from around the world, like NAV CANADA, ENAV, the Irish Aviation Authority (IAA) and Naviair, as well as Iridium Communications, Aireon is set to revolutionize the global aviation industry. In 2018, Aireon will deploy a global satellite-based system capable of tracking and monitoring aircraft around the globe in real-time.
https://aireon.com/company/
$PACI Precision Auto Care Inc..DD...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131737647
RECENT NEWS
Icahn Enterprise buy out
https://www.otcmarkets.com/stock/PACI/news/Precision-Auto-Care--Inc--Enters-into-Definitive-Agreement?id=160892&b=y
SMDM 0.55 Fort Lauderdale, FL, June 5, 2017 – The Singing Machine Company, Inc. (“Singing Machine” or the... #KARAOKE #microcap #stocks
“Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke products – today announced it
will be attending the Maxim Group Consumer Technology Conference at the Maxim Group headquarters in New
York City on Tuesday, June 6, 2017.
Gary Atkinson, Company CEO, will be presenting and meeting with investors as well as participating on a panel
discussion focused on the future of retail and e-commerce. Management will also be available for one-on-one
meetings with investors at the conference.
About The Singing Machine
Based in the U.S., Singing Machine® is the North American leader in consumer karaoke products. The first to provide
karaoke systems for home entertainment in the United States, the Company sells its products worldwide through
major mass merchandisers and on-line retailers. We offer the industry's widest line of at-home karaoke entertainment
products, which allow consumers to find a machine that suits their needs and skill level. As the most recognized brand
in karaoke, Singing Machine products incorporate the latest technology for singing practice, music listening,
entertainment and social sharing. The Singing Machine provides consumers the best warranties in the industry and
access to over 13,000 songs for streaming and download. Singing Machine products are sold through most major
retailers in North America and internationally. See www.singingmachine.com for more details.
Investor Relations Contact:
Brendan Hopkins
(407) 645-5295
investors@singingmachine.com
www.singingmachine.com
www.singingmachine.com/investors
https://singingmachine.com/wp-content/uploads/2017/06/SMC-Press-Release-Maxim-Group-Technology-Conference.pdf
https://seekingalpha.com/symbol/SMDM/key-data
SMDM 0.55 Fort Lauderdale, FL, June 5, 2017 – The Singing Machine Company, Inc. (“Singing Machine” or the... #KARAOKE #microcap #stocks
“Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke products – today announced it
will be attending the Maxim Group Consumer Technology Conference at the Maxim Group headquarters in New
York City on Tuesday, June 6, 2017.
Gary Atkinson, Company CEO, will be presenting and meeting with investors as well as participating on a panel
discussion focused on the future of retail and e-commerce. Management will also be available for one-on-one
meetings with investors at the conference.
About The Singing Machine
Based in the U.S., Singing Machine® is the North American leader in consumer karaoke products. The first to provide
karaoke systems for home entertainment in the United States, the Company sells its products worldwide through
major mass merchandisers and on-line retailers. We offer the industry's widest line of at-home karaoke entertainment
products, which allow consumers to find a machine that suits their needs and skill level. As the most recognized brand
in karaoke, Singing Machine products incorporate the latest technology for singing practice, music listening,
entertainment and social sharing. The Singing Machine provides consumers the best warranties in the industry and
access to over 13,000 songs for streaming and download. Singing Machine products are sold through most major
retailers in North America and internationally. See www.singingmachine.com for more details.
Investor Relations Contact:
Brendan Hopkins
(407) 645-5295
investors@singingmachine.com
www.singingmachine.com
www.singingmachine.com/investors
https://singingmachine.com/wp-content/uploads/2017/06/SMC-Press-Release-Maxim-Group-Technology-Conference.pdf
https://seekingalpha.com/symbol/SMDM/key-data
Fort Lauderdale, FL, June 5, 2017 – The Singing Machine Company, Inc. (“Singing Machine” or the... #KARAOKE #microcap #stocks
“Company”) (OTCQX: SMDM) – the North American leader in consumer karaoke products – today announced it
will be attending the Maxim Group Consumer Technology Conference at the Maxim Group headquarters in New
York City on Tuesday, June 6, 2017.
Gary Atkinson, Company CEO, will be presenting and meeting with investors as well as participating on a panel
discussion focused on the future of retail and e-commerce. Management will also be available for one-on-one
meetings with investors at the conference.
About The Singing Machine
Based in the U.S., Singing Machine® is the North American leader in consumer karaoke products. The first to provide
karaoke systems for home entertainment in the United States, the Company sells its products worldwide through
major mass merchandisers and on-line retailers. We offer the industry's widest line of at-home karaoke entertainment
products, which allow consumers to find a machine that suits their needs and skill level. As the most recognized brand
in karaoke, Singing Machine products incorporate the latest technology for singing practice, music listening,
entertainment and social sharing. The Singing Machine provides consumers the best warranties in the industry and
access to over 13,000 songs for streaming and download. Singing Machine products are sold through most major
retailers in North America and internationally. See www.singingmachine.com for more details.
Investor Relations Contact:
Brendan Hopkins
(407) 645-5295
investors@singingmachine.com
www.singingmachine.com
www.singingmachine.com/investors
https://singingmachine.com/wp-content/uploads/2017/06/SMC-Press-Release-Maxim-Group-Technology-Conference.pdf
https://seekingalpha.com/symbol/SMDM/key-data
$CONN Getting closer to 22.00 target...
https://seekingalpha.com/news/3259967-monster-bull-call-conns
Potus..on Infrastrucure, Air Traffic Control Now Showing...
RTN..Air Traffic Solutions..
http://www.raytheon.com/capabilities/products/atm/
$GRWG 2.20 GrowGeneration, Corp. Investors Fact sheet
http://www.growgeneration.com/pdf/GRWG_profile.pdf
Q2 2017
San Bernardino,......Check!...Store #13
CA and Seattle, WA...Check!...Store #14
http://www.growgeneration.com/investors.html
https://www.otcmarkets.com/stock/GRWG/profile
$GRWG 2.20 GrowGeneration, Corp. Investors Fact sheet
http://www.growgeneration.com/pdf/GRWG_profile.pdf
Q2 2017
San Bernardino,.....Check!
CA and Seattle, WA...Check!
$AOBC 23.48 PE/10.16 Enterprise Value/EBITDA 5.05 https://seekingalpha.com/symbol/AOBC/key-data
$GRWG..GrowGeneration Store #14 Seattle Hydro Spot; #MJ
Current pps 2.12 O/S 13,486,406 a/o May 15, 2017
Accretive Acquisition Positions GrowGen in Fast-Growing Northwest Market;
PR Newswire
DENVER, May 23, 2017
DENVER, May 23, 2017 /PRNewswire/ -- GrowGeneration Corp. (OTCQB:GRWG), ("GrowGen" or the "Company"), one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis growers, with currently 13 locations, today announced it has acquired all of the assets of Seattle Hydro Spot and signed a three-year lease on a 4,000 square foot retail and warehouse facility in Seattle, Wash. The Seattle Hydro Spot location, one of the original hydroponic stores in what is known as the Ballard neighborhood of Seattle, will serve as a retail and warehouse location servicing the growing number of both commercial and home growers in the Northwest market.
Darren Lampert, Co-Founder and Chief Executive Officer of GrowGeneration, said "As noted by industry experts, the market for marijuana in Washington state is poised to double by 2020, reaching an estimated $2 billion. This represents a prime, underserved market for GrowGen, and we are excited to expand our brand into this region. With the cultivation 502 licenses issued, acquiring Seattle Hydro Spot, one of the original hydroponic retailers in Seattle, solidifies and strengthens our position in the Northwest, a region abundant with cultivators. Both Washington and Oregon have legalized both recreational and medicinal marijuana, representing significant growth opportunities for us."
"With a retail and distribution presence, we are immediately well-positioned to serve the existing market, and we will quickly look to establish ourselves with large, commercial growers in the area," added Mr. Lampert. "By increasing our warehouse and retail showroom space, we will be able to stock at inventory levels and sizes to attract the large commercial growers. Seattle Hydro Spot was working with 50 of the approximately 2,000 commercial growers in the Northwest, and we will work to expand that market share quickly."
GrowGeneration acquired the assets of Seattle Hydro Spot, including existing inventory and fixed assets as well as the brand and customer relationships. In consideration, GrowGen paid $130,000 in cash, utilizing cash on hand, and the Seattle Hydro Spot owner has the opportunity to earn up to $30,000 in additional considerations based on the operation achieving an approximate 50% increase in revenues during the 12-month period following closing of the transaction. Seattle Hydro Spot, which has been in business for approximately six years, was operating at a revenue run-rate of approximately $1 million annually. Experienced, existing staff is expected to remain in place and the previous owner has agreed to join GrowGeneration as a salesperson, focused on large commercial growers in the region.
"By leveraging the established brand presence, along with our proven model, we are confident we can at least double sales in this region over the next year," added Mr. Lampert. "We are expanding the sales organization to target the large number of commercial growers in the region. In addition, we will improve profitability of the operation by taking advantage of our scale, volume purchasing power, and our growing outside sales organization."
About GrowGeneration Corp.:
GrowGeneration Corp. ("GrowGen") owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 13 stores, which includes nine locations in Colorado, two locations in California, one location in Nevada and one in Washington. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Our mission is to own and operate GrowGeneration branded stores in all of the major legalized cannabis states. Management estimates that roughly 1,000 hydroponic stores are in operation in the U.S. According to New Frontier Data, the U.S. legal cannabis market was $6.6 billion in 2016 and is expected to reach $8.0 billion at the end of 2017. By 2025 the market is estimated to reach over $24 billion with a compound annual growth rate of 16%.
https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Acquires-Assets-of-Seattle-Hydro-Spot--Opens-Northwest-Retail-Distribution-Center?id=159797&b=y
https://www.otcmarkets.com/stock/GRWG/profile
PACI 1.49 Carl Icahn reached a deal to buy another car-services chain, the latest move to expand the reach of his automotive service network as consumers increasingly turn to professionals to repair their cars.
Mr. Icahn's automotive business said Friday that it would buy Precision Auto Care Inc. for an undisclosed amount and will pair Precision's more than 250 locations with Icahn Automotive Group's 1,000 corporate-owned shops.
Mr. Icahn has been a longtime player in the space and in recent years bought auto parts and repair chain Pep Boys, aftermarket car-parts maker Federal-Mogul Holdings Corp. and auto parts distributor Auto Plus.
Over the past decade, consumers have moved away from do-it-yourself car repair toward professional car-service providers as vehicles become more complex and electronic, as well as decreasing automotive know-how, Icahn Enterprises LP said in its annual report, issued in March.
Last year, the number of vehicles in operation hit a record in the U.S. as the average lifespan of cars continues to get longer, giving a boost to service providers and parts makers working to keep drivers on the road. While some consumers are continuing to repair their cars themselves, they still need to buy parts from auto-supply stores.
Icahn Automotive Chief Executive Daniel Ninivaggi said the deal is the next step in building out its national automotive services network. Privately owned Precision Auto has centers in 26 states, mainly concentrated in Georgia, North Carolina and South Carolina.
Write to Austen Hufford at austen.hufford@wsj.com
> Dow Jones Newswires
June 02, 2017 10:06 ET (14:06 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
PACI 1.49 Luck does pay off lol, as well as a little bit of effort. #microcap
$PACI 1.40 Carl Icahn’s Automotive Business to Acquire Precision Auto Care
https://finance.yahoo.com/m/eaa3f875-99e8-3a48-a395-e2c03a378224/%5B%24%24%5D-icahn%27s-automotive.html
Nice accumulation today as well $ERFB .0050