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Jeez, did everyone go home early? Seems like everything I have is stuck in the mud....eom
USXP, Do-gooder PR..:)
TUESDAY, SEPTEMBER 23, 2003 9:34 AM
- BusinessWire
NEW YORK, Sep 23, 2003 (BUSINESS WIRE) -- Universal Express, Inc. (USXP) is urging its shareholders to contact Congressional Representatives and Senators to cause the SEC to put an immediate end to "naked short selling," the electronic churning downward by brokers-dealers of the shares of smaller, developing public companies, mainly on the OTCBB, without actually trading any shares; thus destroying the market prices for many such companies despite good business developments announced in press releases.
These naked shorting activities are reported by financial wire, www.financialwire.net, citing over 100 developing public companies adversely affected.
"This is a national scandal costing these companies and their shareholders many millions of dollars in greatly reduced share prices from where the market value should be, and the loss of millions in investor fundings", stated Richard A. Altomare, President & CEO of Universal Express. "The SEC has done nothing to stop this activity, though it has been continuing for a number of years. In fact, in its recent DTC ruling it came down on the side of the shorters. The SEC has done nothing to support smaller, developing companies. Its complex regulations designed for huge companies have not only failed to prevent multi-billion dollar Enron type scandals, but have had the effect of stifling smaller public companies and making the costs of maintaining public rather than private status, overly costly and complex, and sometimes not worthwhile", Mr. Altomare continued.
"Our 596 million dollar judgments in two trials in Florida were awarded by juries who heard our testimony on naked shorting of our shares by a network of market manipulators, which reduced our share price from $2 per share to cents per share. That is why the juries awarded us a total of over $275,000,000 in punitive damages. If normal everyday people acting as juries can understand this naked shorting scheme, why can't the SEC", stated Chris Gunderson, General Counsel.
For more information on these judgments, go to http://www.usxp.com/companies/usxp/pr/072601.htm and http://www.usxp.com/companies/usxp/pr/042303.htm.
For up-to-the-minute news, features and links click on www.financialwire.net
Universal Express, Inc. owns and operates several subsidiaries including Universal Express Capital Corp., (including its USXP Cash Express division), Universal Express Logistics, Inc. (including The Virtual Bellhop, LLC and Luggage Express) and the WorldPost(TM) Private Postal Network, Inc. These subsidiaries and divisions provide the private postal industry and customers with value-added services and products, logistical services, equipment leasing, and cost-effective delivery of goods worldwide.
More information and web site locations are available at www.usxp.com.
PennyWorld.....
I'll try to explain it the best I can....(I just found out a lot myself)
wts stands for warrants. They can be issued by a company like stock or a dividend to shareholders of the company's stock.
They have a value and can be traded on their own, but they have a limited lifespan.
They are like a discount coupon....example:
If you hold stock with a PPS of .10 the company may issue wts with an exercise price of .15.
The wts are not valued at .15, but if the common share price goes over .15 to, say, .20, you can use the warrants to buy the common stock at .15, even though the PPS is .20
But only for the number of shares the wts are good for.
I've been holding wts in USXP for a while..
(don't even remember how I got them....:)
I just found out that my wts have an exercise price of .10
If the PPS of USXP goes over .10 I can buy the number of shares the warrant is good for at .10, regardless of the PPS, but I will have to do it before the warrant expires.....
So..............buy USXP and push the PPS up for me!.....LOL
(joke)
Hope that helped.
Wise.....re WLDI..(?)
I think, in the recent past, you and a couple of others played WLDI and then got out.
Right now, the chart looks pretty impressive.
Do you have any insight on this?
TIA
re USXP........
Interesting chart....(if this link works)
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=usxp&time=&freq=
The last three days, the PPS has traded down, but overall, moved higher..
Also, check out the MACD
It's also interesting to note that the PPS has gone up almost 300% in the last few months.
Jeez!..ARES has been showing some strength the last couple of days too.
I've been sitting on some of their stock for a while, but pretty much gave up on any sort of run developing.
Anyone have any opinions about it?(them?)
TIA
Mike, I think, at one time or another, Subway has mentioned just about every Pennystock there is.......
It's just their way of trying to drum up business, but....
ARSW seems, once again, to be showing strength...
Also, USXP has been slowly inching up for the last few days.
I've been in contact with the company via email and they want me to call them today(about some of their wts I hold)
If I get any useful information I'll post it.
linchuck, the chart show ALMI flattening out right now.
Why are you waiting for news?
Also, I don't have any Post RS plays coming close to term right now, so I've been doing research and building another list.
Normally, I do this after the market is closed, but I was just a little bored to day.........CBQI let me down...:)
re TALL, at .04 it's showing buying strength and appears to be setting up for another bounce.
linchuck, re IVOC.........
the bollinger bands look unusual, but they are opening up and the PPS is pushing above the upper banc......a very positive sign.
Linchuck, that's a lot like CBQI.
Last night it closed at .038 and the MMs gapped it up before the opening to .041, but there were no takers.
Now, the ask is .035 and looking weak.
Go figure.
AGRD PR......
September 22, 2003
CLEVELAND, Sep 22, 2003 (BUSINESS WIRE) --
AuGRID Corporation (OTCBB: AGRD) unveils that the acquisition of the private industrial electronics company located in Austin, Texas is Alysium Corporation (www.alysiumcorp.com).
Alysium Corporation is a diversified industrial manufacturer with an exclusive technology in both ThermoCouple manufacturing and Nano Technology. The subsidiary delivers the highest quality products available to the Aerospace, Semiconductor, Automotive, Petroleum and Plastics industries. Alysium is working with the world's leaders in the fields of aerospace, semiconductor and other emerging technologies.
'Our mission at Alysium is to create the best possible products to satisfy the void in the 'High Accuracy Environment'where 'Heat'is a factor,'stated MJ Shaheed, President of AuGRID. 'The subsidiary will deliver maximum quality and excellence, enhancing productivity and optimizing performance and longevity. We will deliver a solution with a three month product money-back-guarantee to an industry wide problem.'
AuGRID Corporation is a technology-based organization engaged in the distribution and development of electronic and display devices.
IVOC, at .0063, has more than doubled in the last ten days. eom
ARSW just filed a 10Q...even with the 60M shares they registered a month ago, the OS is still only 54,490,007,(as of 9/12).
CBQI, at .038, for the third day in a row the PPS has moved up.
Slow as molassess, but........maybe that's a good sign.
In the past, when it ran to .04+ it dropped right back down from profit taking......
Now, maybe they're holding.....:)
IBCS news.............
It appears that this news came out around 8 AM today, but didn't show up on my radar until after the closing bell.
The PPS almost doubled on the news, then fell back to .024 at the close, a 50% increase.
A young company, this appears to be their first real attempt at generating revenue.
International Broadcasting Corporation Teams Up with OTC Charts to
Provide Institutional Level Market Data for Traders
SANTA MARIA, Calif.--(BUSINESS WIRE)--Sept. 18, 2003--International
Broadcasting Corporation (OTCBB:IBCS - News) announced today that it has
signed an agreement with OTC Charts, Inc. to provide complete intraday
trading data, deal coverage, real-time news and SEC filings to micro-cap
stock traders. Under the agreement, IBCS will retain a percentage of
revenues generated by the service, which retails for $99 per month. IBCS
anticipates a substantial residual revenue stream as a result. This
professional-level service will be offered on the "Stock Talk LIVE"
radio show (www.IBCradio.com) listeners and to the current users of IBC
News Network (www.IBCNN.com).
About OTC Charts
OTC Charts is the financial industry's leading provider of OTC:BB market
data and news coverage. Since 2001, OTC Charts has been providing OTC:BB
Decision Support Systems to the most demanding microcap traders made up
of institutional market makers, professional traders and high-frequency
individual traders. OTC Charts has redefined transparency and technology
within the microcap trading landscape, making it a much more efficient
and credible place for all market participants.
About "Stock Talk LIVE" and IBC News Network
"Stock Talk LIVE" and IBC News Network, both divisions of International
Broadcasting Corporation, provide financial content to micro-cap stock
traders and investors. "Stock Talk LIVE" is a fully interactive business
radio show focused exclusively on LIVE continuous coverage of microcap
stocks (stocks under $5) each and every stock market trading day. IBC
News Network consists of an email-based premium service focused on
providing profitable short-term micro-cap "stock tips" to paid
subscribers.
Total shares outstanding for IBCS are roughly 89.1 million shares with
36.1 million shares in the public float. New IBCS investors are
encouraged to read the archived news releases at www.IBCmedia.com.
CBQI, late buying pressure coming in..eom
AGRD, filed S8 to dump 47M shares..eom
OT...re: John Ritter.........
The A&E network is doing his biography tonight.
That man provided hours and hours of entertainment for a couple of generations of people.
A great loss.
A little,(true), humor.......
I just saw this on another messege board;
By: partymartypa
18 Sep 2003, 07:40 AM EDT
Msg. 8301 of 8319
Jump to msg. #
Anybody in Hurricane path, let us know what is happening eom
- - - - -
Think about that........:)
Hey Ruellit...Your input is welcome..eom
All Board Members............
I think that both Wise and Linchuck may be in the path of that killer hurricane on the East Coast.
They've probably headed for the hills,(literally), and may be no shows for a bit......
Meanwhile, keep up the good work.........thanks
Dan
Art2Gecko, ARES has been bouncing between about .021 and the current low.
This news may be good for a nice little spike....
Oops wrong board....sorry.......
ARES PR, (finally)...........
September 18, 2003
LAS VEGAS, NV, Sep. 18, 2003 (MARKET WIRE via COMTEX) --
AmeriResource Technologies Inc. (OTC BB: ARES) and two privately owned companies announced the signing of an agreement that authorizes AmeriResource to purchase 40% equity in 449 Corporation and WDHQ Corporation, franchises of EagleRider.
According to AmeriResource Technologies Inc.'s President, Delmar Janovec, 'We are pleased to be entering the recreational vehicle market through EagleRider. EagleRider rents Harley Davidson, America's #1 brand of heavyweight motorcycles, to business and holiday travelers, in addition to local residents in several cities served by EagleRider franchises in California, Missouri, and Florida. Currently, there are millions of devoted Harley-Davidson enthusiasts and with this year being Harley- Davidson's 100th anniversary, we see continued growth and a tremendous opportunity in this market. We are looking forward to becoming part of the EagleRider team.'
Mr. Janovec continued: 'AmeriResource Technologies Inc. is acquiring 40% equity in the largest franchisee of EagleRider, serving motorcyclists through EagleRider rental centers in the United States, Europe and Mexico. We have identified several Investment Banking firms interested in the recreational markets and are currently in discussions for raising the capital to fully implement the provisions of the agreement. Upon full implementation, the plan outlines providing an even greater selection of vehicle rental opportunities for customers at various rental centers. This may facilitate expansion into one or more new markets in the U.S.A.'
Don Swedo, President of both private companies explains: 'We've been in the EagleRider rental business for about five years, and are operating successful Harley-Davidson rentals in San Diego and Palm Springs, California; St. Louis, Missouri; and Miami, Florida. Since our entry into this recreational business we have seen over a 400% growth in this market segment and believe the growth will continue for many years. We are looking forward to building a sound business relationship with AmeriResource and Delmar Janovec. Our combined goal is expanding our business centers well beyond our current locations. For further information on our locations as well as EagleRider go to www.eaglerider.com.
About EagleRider ('EagleRider') http://www.eaglerider.com/company_summary.html
Explains: 'Founded in July 1992, EagleRider is the world's largest motorcycle rental and tour company that has defined a unique, high growth niche market for itself: Marketing the 'American Dream'to destination-minded vacationers, businessmen and motorcyclists. EagleRider provides a full-service Harley-Davidson Motorcycle rental and tour resource that caters to international and domestic motorcycle enthusiasts and aficionados. Over 100,000 EagleRider customers have enjoyed the ultimate vacation adventure by touring the United States, Europe and Mexico on the 'Rolls Royce'of the motorcycle world, the prestigious Harley-Davidson. EagleRider, Inc. has already built a fleet of well over 1,500 Harley-Davidson motorcycles out of its 30 worldwide rental facilities. In addition, EagleRider is the single largest purchaser of new model motorcycles from Harley-Davidson Motor Company. EagleRider offers the complete Harley-Davidson model line through a global marketing network of tour operators, travel agents, airlines and travel wholesalers.'For more information about EagleRider and/or about renting a Harley-Davidson, see www.eaglerider.com
About 449 Corporation and WDHQ Corporation: 449 Corporation and WDHQ Corporation are affiliate companies in the rental business, with Don Swedo as the President of both Corporations. 449 Corporation owns and operates EagleRider franchises in San Diego and Palm Springs, CA. WDHQ Corporation owns and operates EagleRider franchises in St. Louis, Mo. and Miami, Florida. The two corporations together represent the largest EagleRider franchisee, and EagleRider is the #1 Company in the world for the rental of Harley-Davidson motorcycles.
SWEB PR.........
September 17, 2003
PHOENIX, Sep 17, 2003 (BUSINESS WIRE) --
Traders Nation is pleased to announce that it has completed an interview with Marcus A. New, CEO of Stockgroup Information Systems Inc. (OTCBB: SWEB), and the interview is available at http://www.tradersnation.com/sweb.shtml.
New updates listeners with current events of the company, which include cash flow and earnings perspectives, providing stock market data, company progress with debt, significant balance sheet moves and discusses trends in the financial content industry.
ARSW, still going and looking strong.
.012 will be 200% from my strike price of .004.
(of course, the bid will have to get up to that price to make it legal....:)
how long will it keep moving up?......who knows, but the charts should tell.
joepcf,.........
This is just my opinion.
At a closing price of .088, if the PPS continues upward I'll be surprised.
the BBs look to be straightening out, which means it should run flat right now.
Their current OS is 19,034,600 or was a couple of months ago.
It appears that most of this is held by insiders.
They are just closing on a reverse merger and on 9/5 filed a DEF 14c to announce a shareholders meeting for 9/30.
The new company name will be Transworld Benefits Inc,(or Int'l Inc).
normally, in a RM situation I always look for a reverse split, but in this case the OS is low enough and nothing was mentioned about it in the DEF 14c, that I don't think it will happen.
But, these are the Pennies and, who knows. The subject could come up for a vote at the Sept 30 shareholders meeting............(doubt it though).
Joe, I didn't dig into the company because I have no personal interest in it. That's not because of the company. It just isn't convenient for me right now.
you can easily spend an hour or two reading filings and any other reports that are relevant. They seem to be pretty creative with their filings....:)
good luck
re ARSW.............
It's interesting to note that, after buying pressure pushed the ASK up to .009, they lowered the BID to .007.....
Someone with more experience with MMs action may have a better answer, but it looks tome like they don't want to buy any.
cintrix, yeah, although the PR mentions both ARGY and AGRD, I guess the focus is on ARGY....
September 16, 2003
WESTON, FL, Sep. 16, 2003 (MARKET WIRE via COMTEX) --
Wall Street News Alert's 'stocks to watch'this morning are: Alternate Energy Corporation (OTC BB: ARGY), Augrid Corp. (OTC BB: AGRD), Mobilepro Corp (OTC BB: MOBL) and Transmeta Corporation (NASDAQ: TMTA).
Investors should be watching Alternate Energy Corporation (OTC BB: ARGY) this morning! After the markets closed yesterday, the company announced successful results from the final phase of purity testing of their affordable hydrogen process. AEC exceeded expectations by producing hydrogen that fell well within required purity limits needed to run their joint venture partner's alkaline fuel cell. According to the company, these series of tests mark a new chapter in hydrogen production history.
According to Alternate Energy CEO Blaine Froats, 'This most recent round of testing has demonstrated what we at the company had been hoping for all along - AEC's new technology produces very-pure hydrogen, more economically than any other system currently in use.' With the hydrogen purity objectives achieved, AEC will move quickly with a live test, evaluating their ability to power a fuel cell. Last Month, AEC announced that a leading alkaline fuel cell technology company had signed a Letter of Intent with the company. The proposed joint venture plans to combine affordable, reliable fuel cells and the very economical hydrogen to begin testing of complete stationary electric power systems. Aggressive investors should watch the stock as the company moves into fuel cell testing!
Stocks showing interesting activity yesterday were: Augrid Corp. (OTC BB: AGRD) down 7.6% on 29.3 million shares traded, Mobilepro Corporation (OTC BB: MOBL) up 30.4% on 21.9 million shares traded and Transmeta Corporation (NASDAQ: TMTA) up 28.8% on 17 million shares traded.
rager, did you see the news today on AGRD?
As soon as I saw it I thought of HYVR.
Any thoughts?
TIA
BEVI filed 10Q and 10K..eom
AGRD news.........
September 16, 2003
WESTON, FL, Sep. 16, 2003 (MARKET WIRE via COMTEX) --
Wall Street News Alert's 'stocks to watch'this morning are: Alternate Energy Corporation (OTC BB: ARGY), Augrid Corp. (OTC BB: AGRD), Mobilepro Corp (OTC BB: MOBL) and Transmeta Corporation (NASDAQ: TMTA).
Investors should be watching Alternate Energy Corporation (OTC BB: ARGY) this morning! After the markets closed yesterday, the company announced successful results from the final phase of purity testing of their affordable hydrogen process. AEC exceeded expectations by producing hydrogen that fell well within required purity limits needed to run their joint venture partner's alkaline fuel cell. According to the company, these series of tests mark a new chapter in hydrogen production history.
According to Alternate Energy CEO Blaine Froats, 'This most recent round of testing has demonstrated what we at the company had been hoping for all along - AEC's new technology produces very-pure hydrogen, more economically than any other system currently in use.' With the hydrogen purity objectives achieved, AEC will move quickly with a live test, evaluating their ability to power a fuel cell. Last Month, AEC announced that a leading alkaline fuel cell technology company had signed a Letter of Intent with the company. The proposed joint venture plans to combine affordable, reliable fuel cells and the very economical hydrogen to begin testing of complete stationary electric power systems. Aggressive investors should watch the stock as the company moves into fuel cell testing!
Stocks showing interesting activity yesterday were: Augrid Corp. (OTC BB: AGRD) down 7.6% on 29.3 million shares traded, Mobilepro Corporation (OTC BB: MOBL) up 30.4% on 21.9 million shares traded and Transmeta Corporation (NASDAQ: TMTA) up 28.8% on 17 million shares traded.
EVSC news...(kinda..:)...
September 16, 2003
MONTGOMERY, Texas, Sep 16, 2003 /PRNewswire-FirstCall via COMTEX/ --
Endovasc Incorporated (OTC Bulletin Board: EVSC) announced today the results of a two-week study whose objective was to determine if supplementing the diet of mice with very small amounts of its patented and proprietary pyrrolidine alkaloid resulted in an increase of overall running endurance.
In this study, three groups of mice (including one control group) were subjected to 75 minutes of exercise (or until exhaustion) each day. In addition, weights approximating 33% of their total body weight measured were affixed to the animals on the first day of the study. The statistical results of the study, analyzed by an independent statistician, revealed that the supplement group showed a significant increase from baseline in running endurance of 39 minutes (159% increase) while the control group showed an increase of only 17 minutes (72% increase).
The Company concluded that supplementing the diet with small amounts of its pyrrolidine alkaloid product dramatically increased running endurance over the study period. Dr. David P. Summers commented 'Our formulation has the potential to enhance endurance for athletes. We believe that extremely small levels can have dramatic results due to an increase in the recruitment of the body's own stem cells. Athletes of almost any endurance related sport, growth hormone deficient individuals or the elderly may benefit from the use of this supplement complimented by exercise.'
Endovasc has formed a nutraceutical company called Nutraceutical Development Corporation (NDC) to market its nutraceutical products. These studies will be used in the development of NDC's new product line.
About Endovasc
Endovasc, Inc., established in 1996, is an early-stage drug development company that pioneers new cardiovascular and metabolic drug therapies that are designed to deliver and release drugs to their intended targets in an efficient and controlled manner. Endovasc's lead drug candidates include Angiogenix(TM), Liprostin(TM), PROStent(TM) stent-coating technology, biodegradable stents and other drug-delivery stents
re; ARSW......
Today they filed a NT10Q to delay the 10Q filing for a couple more weeks, but there was this little blurb in the filing..
The results from operations for the six months ended July 31, 2003 will reflect an impairment of goodwill in the amount of $1,198,650 related to two acquisitions made earlier in the current fiscal period. The Company did not have these investments in the corresponding period for the previous fiscal year.
MXDY..I'm sticking my neck out a little on this one...
The OS is 33.6M
At .012 the PPS as almost doubled in the last couple of days and the volume is heavy.
The chart doesn't show much, but I think they have a merger in the works.
To make a rookie statement, this just feels good.....:)
RWNT, at .08 has doubled in the last two days.
The last time it spiked it peaked at almost .80
Mike, I assume you're talking about ARSW.....
Normally, in post-RS plays like this, when it bounces it moves fast.
In this case, they registered 60M shares before it got to my target price of .004 and that kinda put a kink in the natural progression of the post-RS downtrend.
Now, even thought it's hitting on the right numbers and everything look right, it's moving like molasses.....and I don't have a clue what's going on....:)
Also, the bounce is usually good for about 200%+, but others that I've played,(which had kinks too), have moved for as little as 50% before doing a swan dive.
Wish I could give you a better answer. IMO, it just has to be charted and watched every day, because when it's through moving up it should fall like a rock