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Yah, I deleted because I responded to the wrong guy. My mistake
Why would you have ever shorted this stock? Bad move.
nevermind
I hadn't seen that agreement before. Did you guys get the point of my post the other day.
well as an option to purchase up to 400,000 shares of the Company's common stock at $0.10 per share
Obviously they didn't think it was overvalued at this time.
Form 8-K for 4CABLE TV INTERNATIONAL, INC.
10-Feb-2015
Entry into a Material Definitive Agreement, Unregistered Sale of Eq
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
As used in this Current Report on Form 8-K, unless otherwise stated, all references to the "Company", "we," "our" and "us" refer to 4Cable TV International Inc.
Employment Contract - Vice President, Sales
On February 6, 2015 the Company entered into an employment (the "Agreement") with John Homsey ("the Employee"), an individual residing in Canton, Georgia, for the position of Vice President of Sales and Marketing. Under the terms of the Agreement, the Employee shall undertake sales of our products, manage outside sales representatives, undertake account management for Tier 1, 2 3 and 4 CTA MSO's and develop key account plans, among other activities. The Employee shall receive a starting salary of $90,000 per annum as well as an option to purchase up to 400,000 shares of the Company's common stock at $0.10 per share over a term of four years from date of employment. The options shall vest as to 100,000 shares on the anniversary of each year of employment. The Employee will receive certain paid holiday and days and benefits commensurate with the Company's Handbook. In addition, the Employee and the Company will enter into a separate agreement governing the payment of commissions on completed sales.
A copy of the form of letter of employment offer is filed as Exhibit 10.1 to this Current Report on Form 8-K. The Company issued a press release on February 10, 2015 in respect of the aforementioned Employment Agreement which has been filed as Exhibit 99.1 to this Current Report on Form 8-K.
Yah been a good week, more than doubled my holdings with a couple of buys, and stock appears to be trending up. Now just sit back and hope we get some news to send this stock flying up for more than just a couple of .001s Can't beat anything here in the .002Xs for adding or starting a position.
Well I picked up another 350K on the .0021s, but mine won't be on the ask for awhile.
Obviously they didn't think it was overvalued at this time.
Form 8-K for 4CABLE TV INTERNATIONAL, INC.
10-Feb-2015
Entry into a Material Definitive Agreement, Unregistered Sale of Eq
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
As used in this Current Report on Form 8-K, unless otherwise stated, all references to the "Company", "we," "our" and "us" refer to 4Cable TV International Inc.
Employment Contract - Vice President, Sales
On February 6, 2015 the Company entered into an employment (the "Agreement") with John Homsey ("the Employee"), an individual residing in Canton, Georgia, for the position of Vice President of Sales and Marketing. Under the terms of the Agreement, the Employee shall undertake sales of our products, manage outside sales representatives, undertake account management for Tier 1, 2 3 and 4 CTA MSO's and develop key account plans, among other activities. The Employee shall receive a starting salary of $90,000 per annum as well as an option to purchase up to 400,000 shares of the Company's common stock at $0.10 per share over a term of four years from date of employment. The options shall vest as to 100,000 shares on the anniversary of each year of employment. The Employee will receive certain paid holiday and days and benefits commensurate with the Company's Handbook. In addition, the Employee and the Company will enter into a separate agreement governing the payment of commissions on completed sales.
A copy of the form of letter of employment offer is filed as Exhibit 10.1 to this Current Report on Form 8-K. The Company issued a press release on February 10, 2015 in respect of the aforementioned Employment Agreement which has been filed as Exhibit 99.1 to this Current Report on Form 8-K.
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
The information provided in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.02.
The options were issued to the Employee n in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act.
I am holding on to this one till $0.10
Liking this one as a redemption stock for all my other horrible investments.
Picked up a few more today!! This stock seems promising.
Can we please keep this down a few more days, so that I can get that money transferred to pick up some more at these levels.
I asked nicely.
I am not at liberty with sharing his email.
I would recommend calling the company and requesting.
dcmsyst.net/work.html
I purchased my shares online like everyone else I assume. I was back when it was AMUT and then bought more when it became EFOT, I have 26K shares that are worth nothing. Edward did respond to my email.
Here's what he said.
With regret we had to fold the US operation. We had no revenue for a long time. It was inevitable. I m now in Asia trying to make recoup losses. If we make it there is a chance you may recoup your losses.
Rgds
Edward
I tried emailing him through an old email contact I had, but no response. I wish I could locate him as well. Don't you think it is odd, that that site links to that Tron site which is obviously a PACS product.
Its funny when you click on the efotoxpress.com link it takes you to Tron System, obviously based in China or Japan. That is where Edward was choosing to make inroads the last we heard from him. And not only that but it looks like PACS products on that site.
Anybody notice the new Michigan address, what is up with that?
Still here xxx, and still supporting this stock. We will see the day when we all succeed. Unfortunately that means you will too. That's what pisses me off the most.
I work at a hospital too. If you get a chance, can you post the other email from Ed. I haven't received it yet, but sometimes our company blocks certain emails.
News 06/13/08: New Website
Dear Fellow Investors:
Today we have a new website. Please go to www.efotoxpress, www.amux.com. www.dcmsyst.com
This new website reflects the exact nature of our business. I hope you all like it and if there is any input please feel free to write to me.
We are at the moment trying to put the bits and pieces together in the RIS program. Once this is completed within the next week or so we will hit the US market. Hopefully by the end of the year we should be able to reap the harvest.
Regards
Edward Tan
Glad to have you and kid back, I will try and keep the board clean. I too would like to see this stock hit the exchange again, almost regardless of starting value at this point. Would just be sort of a turning point for us at this time. I think Edward is still doing what he can, just wish the process could go faster sometimes.
Hello faith,
Glad to see you back. You have any news to share, that maybe you have received that I haven't posted?
Let me ask you this, do you not think that your flipping has killed the run that was happening?
It is not really listed anyway. You can't even place an order for it.
Oh, ok, so that is why he gave us all his new email address under the new company name. So that we couldn't contact him. Your theories and things you present as facts, are nonsense as always.
Don't know if anyone else heard this yet, or not, but we had a name change. The new name is DCM Systems. That is a little more in line with our actual product.
Additional Update 4/17/08
Dear Fellow Stock Holders:
In one of my earlier e-mails, I outlined some information concerning the direction in which we are heading and also our exit strategy. At this point I will like to update you on what has transpired so far.
We have decided not to pursue joint venture agreement with the parties that we were in negotiation with concerning the pharmaceutical products. This decision came about after I felt that I will not be able to run this company efficiently under this arrangement as I do not have any previous experience in this line of business. I also am beginning to experience exponential growth selling DCM Systems and I would not like to share our success with a project that might likely impede our growth. In this short period I have sold over 20 systems worldwide and continue to increase the number of installed-bases. I don't think I want to dilute my resources but rather do what I do best. I have another 40 systems in the pipeline. There are many reasons why it cannot move as fast as we want. Hospitals require planning and there are lots of system integration issues that will require time to work to implement. The outlook for 2008 looks very bright to complete these 40 systems.
Our first option is to create a huge installed-base. When this happens, we will definitely come under the radar of the big players. Companies like Siemens, GE, Philips and Toshiba tend to acquire companies that have large installed bases because they can use these bases to sell their equipment. What is the number?. I think if we can achieve 400 bases we will be looking good.
The second option is to list the company at an exchange. We have identified the Hong Kong Stock Market. Hong Kong Stocks that have Chinese content tend to be more favored than those without. People tend to buy your shares when you say you sell and generate revenue in China. In years past it would be disastrous if you ever said this because American analysts ruled out companies doing business in China saying that these companies are high risk companies. Today it is a dream to do well in China. I have a very good contact in China and we are in the process of drawing out an exclusive distribution agreement for the Chinese market. There are over 51,000 hospitals in China of which not less than 10,000 would qualify to purchase the DCM System. The procurement process is time consuming. If we can penetrate 1% of the Chinese market we will be able to achieve the 400 bases. Almost 99% of the hospitals are State Owned. So if you sell to one you sell to all.
We have carefully laid out our strategy and from now on we only need to execute it. We have to continue to generate revenue both within and out of the US and particularly in China. I also mentioned about investment from Silverdale and Goldman Sachs. An agreement with Silverdale has already been signed and the funds have become available. Goldman Sachs has not signed.
In the coming months we have only one thing to do - Generate Revenue. I will be travelling again at the end of the month. My first stop is in Dubai where we are installing a system. Then we moved on to Mumbai to install another system. It was lucky we opened an office in Philippines because we now are able to provide support to our customers in Asia. We have an office of 18 people - many of them are sales persons and technicians. Support is not an option but a requirement.
We continue to grow in financial strength and this has carried us thus far and towards our next level. This also led to hire a top notch National Sales manager who now will be able sell our product in the US. We will continue to invest in training technicians so that we are able to support our growth in the Chinese Market.
Edward Tan
President & CEO
eFotoXpress Inc.
Fremont CA 94538, USA
Update 4/17/08
Dear Fellow Stock Holders:
I have just returned from a trip in the Far East. It looks like we will have to continue to generate revenue from these markets. It has been most promising. In the next several months until we have decided to list we will do nothing but keep selling our systems. We have done exceedingly well opening like two new install-based per month. Last month I sold to a hospital in Dubai and one in Mumbai. I have also sold one system in Philippines.
In Dubai we are working with a Siemens dealer which sells PACS system but they do not have a product like ours for the middle market. Through this dealer we will install one system on April 30th in a very well-known hospital in Dubai.
In Mumbai, we will install in the best private hospital on the west coast of India. This hospital is an Icon installation. We strongly believe following this installation we will have many more.
In the Philippines we installed at the National Kidney Transplant Institute - another Icon installation.
I will soon be leaving again to continue to open new markets.
Regards
Edward Tan
President & CEO
LOL, I was thinking in much of the same lines for this PR.
I emailed Ed today. Attached is my question and his response.
From: Edward Tan
Sent: Thursday, April 10, 2008 12:35 PM
To: James
Subject: RE: EFOTO News or Update
Dear Jim:
At the moment we are still deliberating what is the best option. We have not made a decision as of yet. However, one thing we are definitely going ahead with is listing in an overseas market. Making a new company and changing shares to overseas may have problems. Someone may sue the company and we have no control. The best way is to list overseas or perhaps sell the entire company at one stage. If there is any important news everyone will know about it.
Regards
Edward
--------------------------------------------------------------------------------
From: James
Sent: Thursday, April 10, 2008 10:32 AM
To: Edward Tan; Edward Tan
Subject: EFOTO News or Update
Hello Edward,
I believe we are all in the dark here. You had stated that we would be a new company by 3/31/08. As far as us shareholders know, nothing has happened. Help us out here. Give us your honest opinion of what is in store for us. If it is nothing, let us know.
Thanks
James
I was able to get my PPS down to .0547. Still a reach, but much better than the .389 I was sitting at previously.
Here is my opinion of those trades. Someone put in an order that was not for "All or None". The traders are taking advantage of this and selling shares at either higher or lower than normal price, because they can make a quick profit on this with the trade cost margin, and then force that trader to either wait it out to try and fill that order when the price drops or raises to that level again, or maybe they will change the order to get knocked with another $10 trade fee. Some of this may make sense and some of it may not, but this is my theory.
By the way I added more too.
I think it is Fred that is having the surgery.
Anyone heard anything? I haven't heard anything since the emails you posted.
Hey thanks kid for posting those emails. I will not respond to xxxplatinum.
Faith or kid, please post for me. I did not receive. If nothing else send to my email at JIMBOB9600@aol.com
Thanks. Just repay the favor please.
Company News from Efoto website.
eFotoXpress Inc. is one of the major sponsors of Philippine College of Radiology Convention
The Convention will be held in AIM Makati on Feb 21 to 23, 2008. To know more about us, please visit us at the Convention http://www.philippinecollegeofradiology.org/2008-annual-convention-feb-21-23-2008
Faith works,
What emails are you referring to from Jan 2 and Jan 3?
I did send him an email last week saying I would like some follow-up information on his last shareholders's email. He responded, "What would you like to know" I sent him my list of questions, and he is yet to respond. We will see if he ever gets back to me. He is still involved in this company, that is obvious. Otherwise why would he dig up a March 2007 email, to ask me if he could get an opportunity to talk with our hospital's IS department.
Okay, fellas. I did hear from Edward today, nothing real important to share. He was just wanting some Information Services contact information from the Hospital I work at to give them a call about Efoto's product. I didn't ask him anything in return, just emailed him the contact information.
All that tells me is that they aren't sitting on their hands, they are pursuing sales. Hope everyone has a happy new year. I do plan on asking him for some follow-up information in regards to news he shared in his last email. I will share his response on here, if he does respond.
Thanks
Jimmy Quick
I am starting to have a good feeling here as well. There have been several things mentioned, that I feel good about, but we still need that first sell in conjuction with these new partnerships to make me feel really good about this. Still in here long, and doubled down about two weeks ago. Hope we start to move soon.
Actually I am in the middle of basketball season, and as you can tell from my profile, I am quite involved. Not to mention, there is no news to share or talk about, so why post? I almost have to ask you the same question.