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If ADVC attempts third try of 18, should break it
ADVC 18s going fast, could run
ADVC clearly broke trend, lets break 18 and move to confirm
ADVC moving again, got more on the 16 shake
ADVC Looks like ARCA is buying to cover. Could be good for a bit.
ADVC break of 17 is very good!
ADVC Break of 16 may break the channel, hope it holds
Advanced Communications Signs Letters of Intent to Acquire Leading Businesses in... [GFQDNZM]
Advanced Communications Signs Letters of Intent to Acquire Leading Businesses in the Reverse Logistics Industry; Combined, Companies to be Acquired Reported Over $100 Million in Revenue and Over $10 Million in EBITDA in Calendar '05
NEW YORK--(Business Wire)--July 20, 2006--
Advanced Communications Technologies, Inc. (OTC Bulletin Board: ADVC), a New York-based company that, through its principal operating unit Encompass Group, specializes in the technology aftermarket service and supply chain known as reverse logistics, today announced that it has entered into letters of intent to acquire premier businesses in the reverse logistics industry. The businesses that Advanced Communications intends to acquire had, on a combined basis, in excess of $100 million in revenue and in excess of $10 million in EBITDA in calendar year 2005.
The acquisitions, which are expected to close by the end of the company's first quarter of fiscal 2007, are subject to the completion of due diligence, financing and audit examinations, all of which are currently in progress. The identities of the acquisition companies and further details will be disclosed upon execution of definitive agreements which is expected to be coincident with closing.
Once the acquisitions are completed, Advanced Communications expects to become a recognized leader in the reverse logistics industry, as it will be equipped to provide seamless and expanded parts distribution, electronic equipment repair, asset recovery, warranty management and depot exchange services to original equipment manufacturers (OEMs) and national retailers as direct customers, in addition to the services that the company currently provides to third party administrators (TPAs).
Wayne Danson, president and CEO of Advanced Communications said, "These businesses are synergistic with and accretive to Encompass' multi-million dollar service and repair business conducted through Cyber-Test. Collectively, Cyber-Test and the companies to be acquired are all dynamic, growing organizations with strong long-term relationships with top manufacturers in the electronics industry." Adding, "This is a major milestone for the company, as these established businesses have revenues in excess of $100 million with substantial net income."
Danson continued, "Our company will benefit from the experience and talent of these already successful management teams that are looking forward to joining our organization. These are strategic acquisitions from many perspectives, as it will expand our service offerings and blue-chip client base, allow us to capitalize on future opportunities, and add to our geographic presence in the U.S. Most importantly, we expect these acquisitions will transform Advanced Communications into a recognized leader in the reverse logistics industry. We intend to follow our management's philosophy of keeping each business as an independent, self-sustaining operating unit."
Lisa Welton, president and CEO of Cyber-Test stated, "Cyber-Test will immediately gain important contacts that will enhance the expansion of our business. We will also receive industry notoriety as well as benefit from an additional facility to operate in."
Danson closed with, "We remain focused on repositioning and ensuring that our stock price fairly reflects the true underlying value of our business through strong organic growth, service excellence, professionalism and dedication to providing top quality services to our customers."
Advanced Communications is a rapidly growing company committed to becoming a full-service national provider of repair, distribution, e-recycle, asset recovery and end of life cycle services to OEMs, retailers and institutions. The company recently reported revenue of $7,043,000 for the nine months ended March 31, 2006.
The company's website is currently under construction, as it is in the process of being redesigned to reflect the future company structure. The new website, under the same web address, is expected to be launched following the closing of the acquisitions.
About Advanced Communications Technologies
Advanced Communications is a New York-based company specializing in the technology aftermarket service and supply chain, known as reverse logistics. Its principal operating unit, Encompass Group, acquires businesses that provide computer and electronic repair services, and end-of-lifecycle and asset distribution services. Encompass owns Cyber-Test, an electronic equipment repair company that provides repair and reverse logistics services to third-party warranty companies that service OEMs, national retailers and national office equipment dealers. Cyber-Test's services include advance exchange, depot repair, call center support, parts and warranty management, repair of fax machines, printers, scanners, laptops, monitors and multi-function units, including PDAs and digital cameras. For more information, visit Cyber-Test's website at http://www.equipfix.com.
This release and oral statements made from time to time by the company's representatives concerning the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "should," "believes," "will," "estimates," "forecasts," "projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the company with the Securities and Exchange Commission, which should be considered together with any forward-looking statement. No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
Advanced Communications Technologies, Inc. Wayne I. Danson, 646-227-1600
Copyright Business Wire 2006 20Jul06 13:38 GMT
Symbols: us;ADVC
Source BW Business Wire
Categories: MST/I/CPM MST/I/SOF MST/I/TDS MST/L/EN MST/R/NME MST/R/US MST/R/US/NY MST/S/ERN MST/S/MRG TGT/BWB
ADVC getting premarket activity
OMOG news
OMDA Oil and Gas, Inc. Announces Lock-Up Agreement Signed With Chairman Adam Barnett
HOUSTON, TX, Jul 20, 2006 (MARKET WIRE via COMTEX) -- OMDA Oil and Gas, Inc. (PINKSHEETS: OMOG), announces that it has entered into a lock-up agreement with its Chairman, Adam Barnett.
Mr. Barnett has officially signed a lock-up agreement regarding all his personally owned and controlled shares of OMDA Oil & Gas, Inc. This agreement states that he may not "offer, sell, contract to sell, transfer, assign, contract to assign, gift, grant any option, warrant to purchase, or right to acquire; announce the intention to sell, pledge, exchange, contract to exchange, or otherwise dispose or contract to dispose of any of the Shares on the open market or in a transaction or series of transactions which will result in the Shares being available for sale on the open market." This agreement is effective until May 31st 2007.
Adam Barnett, Chairman, stated, "I decided to enter into this agreement in an effort to be as open with the shareholders as possible. I have recently begun announcing my share purchases and this is a continuation of that type of communication." Barnett went on to say, "Due to the fact that I have not exercised my right to sell 1% of my company stock since the beginning of the year and that I also do not wish to sell any shares in the immediate future, this lock-up arrangement seemed to make perfect sense for the company and for me personally."
USXP News
Universal Express Announces Agreement To Purchase Jacksonville, Florida `Megastation'... [GFNMGDK]
Universal Express Announces Agreement To Purchase Jacksonville, Florida `Megastation' Oil And Gas Distributor
NEW YORK--(Business Wire)--July 19, 2006--
Universal Express Inc. (OTCBB: USXP), has announced the signing of an agreement to purchase Jacksonville Oil Company LLC, a North Florida oil and gas retailer. The company, located in Jacksonville, is comprised of eight super stations that include both mini-marts and numerous co-branding agreements. In calendar year 2005, the Company had in excess of $20,000,000 in gross sales. The first 2 quarters of 2006 shows a substantial increase over the same time period of 2005.
"At current levels," said Richard A. Altomare, President and CEO of Universal, "we will see a benefit in excess of $1,000,000 in EBITDA from this purchase."
The purchase price is $15,800,000, subject to the Company obtaining an appropriate first mortgage on the properties. An escrow deposit of $250,000 was paid by the Company, subject to the completion of due diligence within 90-days.
"The acquired company is one of the best-managed, cleanest, high-tech operations we saw in viewing potential acquisitions in this industry," said Mr. Altomare.
Universal Express Inc. has targeted the fuel distribution sector recently as a result of its decision to vertically integrate its luggage delivery, courier, and aircraft operations. In March of this year the company announced a letter of intent to purchase a large, South Florida-based retailer and "jobber." This acquisition is pending.
"We expect to affect a substantial increase in revenues from the Jacksonville properties and through the introduction of some of Universal's existing services and products into the stations," said Mr. Altomare. "Further, as our Florida presence grows we want to introduce the same corporate and community responsibility here as we have in corporate central as well as our other subsidiaries and partners," he further stated.
About Universal Express
Universal Express, Inc. is a 22 year old logistics and transportation conglomerate with multiple developing subsidiaries and services. For additional information please visit www.usxp.com.
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
Universal Express, Inc. Investor Relations Mark Falk, 631-588-1644 publicrelations@usxp.com
Copyright Business Wire 2006 19Jul06 12:58 GMT
Symbols: us;USXP
Source BW Business Wire
Categories: MST/I/AIF MST/I/OIL MST/I/OIS MST/I/TRK MST/L/EN MST/R/NME MST/R/US MST/R/US/FL MST/R/US/NY MST/S/MRG TGT/BWB
Is that new rule in effect where they change or quote in 5 increments?
If it is, seems harder to get buys. Big spreads and jumps
TNOG
TNOG on sho list, could be a good squeeze coming
Just got in, TNOG looking good again today, is it gonna hold? Looking for OMOG to break the 7s too.
Good luck today
OMOG ready to go. Next stop .008
OMOG bid stacked, needs to break .007, three to go. Chart looks good
Plus July 31 (I believe) they are merging with another company and an R/S of 1:25. I think we get 1 share of the new company for every 25 of ours. In latest 8K.
OMOG Newsletter. I like it.
http://www.omogoil.com/omognewsletter0711.pdf
I know, I sold after it broke the channel, still have profits here. This thing is crazy.
CBAI
BB. looks like XKEM enter bearish pattern (broke channel), just confirming with you
Shouldn't be another sell off. The "buy the rumor sell the news" pertains to big runs before news then death drops after the big news hits (last week). This news has no new info and the MOMO is lacking here. Should help this a little though.
Great, thanks, one of the three that I bought early yest (.0012). Hoping it continues.
IGTG News, been a while:
Ingen Technologies Expands Major Product Line [GFCGHZL]
- Florida Medical Business(R) Reaches to Major State Medical Programs -
YUCAIPA, Calif., July 11 /PRNewswire-FirstCall/ -- Ingen Technologies, Inc. (OTC: IGTG), a medical device manufacturer and developer of next generation medical technology, announced today that the Miami based Florida Medical Business newspaper has released a special "medical interest" news story about the company's Secure Balance(TM) products and will promote Secure Balance(TM) products over the next 12 months.
The Florida Medical Business news was the first health business newspaper with a direct-mailing to over 44,000 physicians, hospital management, healthcare facility management and executives, with more than 3,000 hospital department heads and administrators at Florida's 215 acute care and rehabilitation hospitals. Approximately 75% of the circulation are physicians and the other 25% are hospital/healthcare management, executive management of HMO, PPO and indemnity insurers and consumers. The circulation for South Florida is 19,000, Central Florida is 20,000 and North Florida is 5,500.
"One thousand people are streaming into Florida every day. Florida's 2004 population estimate by the U.S. Census Bureau was 17,397,161, a 4.7% increase over the previous year and higher than the national rate. The projected population for 2025 is 27,100,400," said Chris Wirth, Director.
"Secure Balance(TM) is one of our medical products that is gaining momentum. We have Secure Balance(TM) products in hospitals, clinics and physician offices throughout the U.S., and the product is targeted to improve the health and the lifestyle of patients with balance problems related to vertigo and dizziness. The majority of fall injuries reside in our growing elderly population and Florida has one of the largest and fast growing elderly population in the U.S. Secure Balance(TM) has proven to prevent fall injuries and also prevent unnecessary Medicare costs, save tax payer dollars and improve the health and lifestyle of people susceptible to fall injuries and balance disorders," stated Scott Sand, Chairman and CEO of Ingen Technologies.
About Ingen Technologies, Inc.
Ingen Technologies, Inc. develops and markets cutting-edge medical technologies designed to increase accuracy of medical care, and prevent unnecessary medical costs associated with today's healthcare. Ingen is a medical device manufacturer that owns 2 US patent(s) and 1 US Patent Pending and 2 Foreign Patent Pending(s), several trademarks, intellectual property and proprietary medical products. The Secure Balance(TM) product generates revenues for the company, and is a private-label product that includes a vestibular function testing system and balance therapy system that can identify and prevent fall injuries in the ever-growing elderly population. The Company's flagship product, OxyAlert(TM), a second-generation design of the Company's BAFI(TM) product line, provides a low-oxygen safety warning device used on remote oxygen cylinders for patients, hospitals, commercial aircraft, military transport, and fire and safety equipment. OxyAlert(TM) technology encompasses the use of digital sensing and RF frequency transfer so that care givers can access a hand-held remote to monitor the actual oxygen level of any oxygen cylinder at a reasonable distance. OxyAlert(TM) increases safety and convenience for patients and clinical staff. OxyView, Patent Pending and FDA registered, is a pneumatic gauge that provides visual monitoring of oxygen flow-rate for patients (young and old) in the hospital, surgical room, outpatient therapy, nursing homes and emergency response facilities. This product enhances the safety, assurance and accuracy of patients being administered oxygen from any source. OxyView is a lightweight pneumatic gauge that is attached to the oxygen tubing just below the neck. It informs the nursing staff of the oxygen flow rate near the patient and cannula. It could quickly inform the physician or technician of any leak or inaccuracy between the delivery source and the cannula. For more information, visit www.ingen-tech.com
Contact: Scott R. Sand, C.E.O & Chairman
Ingen Technologies, Inc. - Administrative Office
35193 Avenue "A", Suite-C
Yucaipa, California 92399
Phone: (800) 259-9622 or (909) 790-7180
Fax: (800) 777-1186 or (909) 795-6340
Email: Info@ingen-tech.com
A Member of the Better Business Bureau
A Member of the Chamber of Commerce
A Licensed Business in the City of Yucaipa
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission. SOURCE Ingen Technologies, Inc.
Scott R. Sand, C.E.O & Chairman of Ingen Technologies, Inc., +1-800-259-9622, or +1-909-790-7180, or Fax, +1-800-777-1186, or +1-909-795-6340, Info@ingen-tech.com 11Jul06 12:15 GMT
Symbols: us;IGTG
Source PRN PR Newswire
Categories: NWI/HEA NWI/MTC NWI/OTC NWS/OTC MST/I/DRG MST/I/EEI MST/I/HEA MST/I/MKT MST/L/EN MST/R/US/CA MST/R/US/FL TGT/PRX
Morning BB, do you think ADVC breaking its channel or gap and crap back below into the channel?
Needs to break 69/70
Got some OMOG too this am, didn't look too bad
And the games continue
TNOG-Getting better at reading charts. Thanks again for posting your charts, read them everyday. Bought in at open today, had a feeling. Looks good, something going green for me!
TNOG going
TNOG break of .007 good
Could be another rumor to drive PPS. That's what these pumpers do. Get people all hyped, drive the PPS up, then sell. That is the OTCBB in general.
I think some rumors or news is needed, and soon. May test the lower channel soon, and needs to hold that support. If we do get it, will go up.
MMs making cash. Really the only ones who are guaranteed to. The more trading, the more money.
Holding good for Friday sell off. Hopefully the low 60's remain the bottom. If it goes below that could be testing the bottom of the channel. Don't want to go there. Need news Mon (or at least more rumors!)
No problem (can't PM) Only way to learn is to ask read, and learn from your mistakes. I guarantee everyone here has made them and lost at some point, but have to move on.
This is gambling and the house certainly has the odds. Just have to learn the tricks and play with them to make any money.
That is only the beginning my friend, only the beginning.
I think they can. You'll sit with an order that may never execute, but see trades go through. There is an order though, market orders first, limit next, then all or none (I believe there are more in there). Market orders go to the top, and the others go down. Hard to get all or none orders filled