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CNCM .0004's falling PM - 5's up
VGPR news ~
Vega Expands Biomass Plans to Include Asia
Press Release
Source: Vega Promotional Systems, Inc.
On 8:30 am EDT, Tuesday October 13, 2009
Oct. 13 /PRNewswire-FirstCall/ -- VEGA PROMOTIONAL SYSTEMS, INC. (Pink Sheets: VGPR - News) announced today it has entered into an Agreement with Japanese consulting firm, Tokyo Consulting, LTD to assist the Company in expanding its business throughout Asia.
Vega recently announced it is developing a biomass facility in South Georgia to manufacture energy efficient fuel pellets and a multifaceted green energy power production facility in Western Indiana called the Green Valley Project.
The Company's Business Plan calls for building green energy manufacturing facilities throughout the world. Tokyo Consulting, LTD will assist Vega in locating potential production locations and will serve as the Company's liaison in Asia.
"We are very excited to work with Vega to produce alternative energy in our country," stated Isao Oishi, President of Tokyo Consulting, LTD. "We feel that our knowledge and expertise in Asian business will serve as an invaluable tool to Vega's management team as they expand their business."
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KKUR - news
ChromoCure, Inc. announces initial installation agreement for its CS200 Chromosomal Scanner in New York based pathology lab
Press Release
Source: ChromoCure, Inc.
On 9:00 am EDT, Monday October 12, 2009
RENO, NV, Oct. 12 /PRNewswire-FirstCall/ - ChromoCure, Inc. (PINKSHEETS: KKUR - News) today announced its has executed a Joint Venture Agreement with Sophora Diagnostic Lab, Inc., a profitable New York based cancer pathology lab ("Sophora").
Under the Terms, Sophora will join ChromoCure's pathology lab network and utilize ChromoCure's cancer detection systems as part of its diagnostic operations.
Sophora will market its enhanced diagnostic services to area labs. ChromoCure and Sophora will divide revenues derived from the system equally.
Sophora is ChromoCure's first and flagship installation for its cancer detection system, continuing designs and therapeutic technologies.
Installation, training, and system activation is anticipated to begin immediately. Additional installations of the Company's technology are planned as part of ChromoCure's lab network revenue and growth plan.
About ChromoCure
ChromoCure develops and provides proprietary cancer detection systems. The Company owns its technology and provides its systems on a revenue sharing basis. The Company's systems measure the unique genomic characteristic found in 100% of all cancers and never found in normal cells. The Company believes its technology has an effective accuracy of 100% for all cancers at all stages. The Company believes its technology superior and will become the gold standard for cancer detection worldwide.
The Company's technology and understanding of cancer also suggest non-toxic and non-invasive approaches to cancer therapy and cure research. The Company will release progress reports on these initiatives from time to time.
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WDMG - WinSonic Digital Media Group, Ltd. Releases Business Update to Shareholders
CEO Reports on WinSonic Digital Media Group's Strategic Direction, Revenue Model, Distribution Agreements, Programming and Branding Initiatives
Press Release
Source: WinSonic Digital Media Group, Ltd.
On 12:35 pm EDT, Thursday October 8, 2009
WinSonic Digital Media Group, Ltd. (Pinksheets:WDMG - News) (www.winsonic.net), facilities-based digital media company, September 30, 2009 released the following business update to shareholders.
WinSonic Digital Media Group, Ltd. (WDMG) has achieved numerous major milestones since it began trading on the Pink Sheets. WDMG engaged an Atlanta based CPA firm to complete the 10K 2008 Audit and 2009 first, second, and third quarter 10Q's. WinSonic Digital Cable Systems Network (WDCSN) was approved to launch its national, digital TV transport network schedule in the first Quarter of 2010. WDCSN will offer an extensive content library with transport rights from top national programmers, cable networks, linear programming, established music libraries, and Video on Demand (V.O.D.) rights from major Hollywood movie studios. "Working with our partners, WDCSN will offer solutions completely dedicated to the highest quality digital delivery of television, video and music content to our client subscriber base," said Winston Johnson, CEO of WinSonic Digital Media Group, Ltd. "Our network has been focused solely on digital video, digital music and digital television services. We have structured our product offerings in a manner that optimizes the experience for both network and customer subscribers." WinSonic Digital Cable Systems Network has secured contracts for digital video, digital music, and digital television distribution services.
WDMG is currently developing the WinSonic web site, complete with new interactive features, investor relations, and distribution portals designed to increase traffic and brand loyalty of our subscribers. The company anticipates announcing the new site launch shortly.
WDMG has signed Master Services Agreements (MSA's) with various companies in the range of 5 million dollars. WDCSN (a subsidiary of WDMG) signed distribution agreements that will bring our network reach up to 10 million subscribers and 1.8 million households via fiber-to-the-home. In addition, WDCSN estimates its digital services will reach 1 million broadband subscribers via the Internet in 2010. We are currently in negotiations for several multi-year contracts with other major broadband, cable and IPTV service providers.
In addition to these steps, WDMG has hired in house legal counsel to oversee the Internal Legal and Business Affairs Department. WinSonic is also in the process of retaining a top international law firm to represent WDMG and WDCSN in global entertainment, SEC, FCC, PUC, Intellectual Property, new media, corporate and litigation matters.
In addition to previous announcements, WDMG and Solink have teamed up to deploy a chronic disease management system on the WinSonic Digital Cable Systems Network. Solink offers a chronic disease management system that coordinates care of patients with diabetes, hypertension, asthma and other chronic diseases with their physicians. Our (WinSonic & Solink) MyMdOfficeLink(TM) product is the initial product offering providing online tools for self management, education and social networking enabling doctors to coordinate care with patients in their homes or community based kiosks.
Our clients are healthcare providers, payers and/or patients who seek to lower healthcare costs without compromising quality. This is accomplished through efficient management of chronic disease treatment by increasing the accessibility of medical information and treatment online.
The online chronic disease management market is growing rapidly and is currently projected to exceed $25 billion annually. The market is virtually untapped with less than 5% of the needs of chronic illness patients addressed. The United States represents approximately 60 - 70 % of this market. General Electric, Phillips, Microsoft, SUN, Intel, Cerner, McKesson and other fortune 500 companies are currently seeking to penetrate this market; however there is no dominant, full service health information technology company offering a comprehensive chronic disease management product. The federal government has set the bar for physicians and healthcare payers to manage patients more closely, particularly those with chronic diseases. One way this is accomplished is by linking reimbursement directly to their ability to coordinate and provide care outside of the physician's office.
The stage is set for the exponential growth of online management products offered by WinSonic and Solink. To date agreements have been signed with Blue Cross Blue Shield of Maryland, Medical Home Model with MedPedsof Maryland, Sun Microsystems SevocityClose, Healing our village, United Healthcare and Americhoice.
Additional projects and agreements include:
WDMG headquarter operations and WDCSN Network operations facilities (Network & Lab) Intellimesh Systems, Hah TV Network, Aspera, BBN, Tulix, Internap, Verizon, & AT&T
WinSonic and its subsidiaries will provide products, training and support, establishing technical teams for future development of marketing and product services. If WinSonic can accomplish all of these objectives the company believes the result will bring about significant market traction, increased revenue and shareholder value. We believe it will realize revenue by the end of the third quarter. The company anticipates additional funding in the near term. The amount raised will cover operational and contract milestones as well as capital development costs.
Capital proceeds will be used for working capital, administrative infrastructure, business, accounting and legal systems. In addition, WinSonic anticipates additional hardware and software acquisitions, investment in sales, marketing, new technology and customer support. A portion of the proceeds will include reduction of debt and financing for partnership development. Exponential market penetration can only occur by establishing strategic alliances with synergistic support partners. Included in this amount are costs associated with a Series B Preferred funding to retire corporate debt.
Once the funding initiative is completed the company will be poised for solid growth in 2010 and beyond.
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PIHN news -
Polaris International Holdings - Analysis and Forecast of Staff IS Co.'s IT Services Business
Press Release
Source: Polaris International Holdings, Inc.
On 8:30 am EDT, Thursday October 8, 2009
BUSINESS WIRE)--Minoru Iwata, President of Staff IS Co., Ltd. whose IT Network Infrastructure business has been acquired by Polaris International Holdings, Inc. (PINKSHEETS: PIHN - News), said, “We are very excited about the future of this transaction with POLARIS. The Staff IS management believes the recession impacted our Network Infrastructure operation earnings during the last fiscal year even though more companies are forced to consider outsourcing IT Services to reduce costs and gain efficiencies. This may well prove to be the driving force in the marketplace that propels our business over the next 18 months. Management is confident that its operational earnings will recover and even grow in 2009. In addition, outsourcing of IT services is now a growth services industry in Japan. As a part of POLARIS, the Company is now well positioned to capitalize on the escalating growth of global IT outsourcing.”
Market Opportunity
Expenditures on information technology by Japanese enterprises are growing rapidly from $102.5 billion per annum in 2001 to an estimated $117.8 billion in 2006, according to IDC. Of these amounts, IT outsourcing was $16.0 billion in 2006 and is expected to grow to $21.1 billion in 2011, reports IDC, www.idc.com. IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets.
Staff IS Cabling Operation Profit & Loss for Three Years for 07/01/06~ 06/30/09
2008 2007 2006
Revenues $3,115,789 $3,676,985 $3,365,210
Direct Operating Costs 2,315,789 2,834,943 2,704,544
Gross Profit Margin 800,000 842,042 660,666
G & A 526,316 503,990 304,866
EBITDA 273,684 338,052 355,800
*Fiscal Year: 6/30
Kuni Misawa, President and CEO of Polaris International Holdings, Inc., said, “Diversification and the growing complexity of the business environment, and the challenges presented by the globalization of domestic economies are factors for promoting use of IT outsourcing services.”
Staff IS Network Infrastructure plans to begin operation as a subsidiary of Polaris International Holdings, Inc. on or before November 1, 2009.
About Staff IS Network Infrastructure:
Staff IS Co., Ltd. Network Infrastructure Business Division was established in 2001. Staff IS Network Infrastructure’s primary business is the installation of integrated wiring systems. Their business includes ‘Move and Change’. ‘Move and Change’ is IT equipment relocation services that usually result from organizational changes that occur in the office environment. For its twelve months ended June 30, 2009, Staff IS’ Network Infrastructure operation had sales of approx. $3,115,789 and earnings of approx. $273,684 EBITDA for June 30, 2009. www.staffis.co.jp
About Polaris International Holdings, Inc.:
Polaris International Holdings, Inc., a Delaware corporation with offices in Huntington Beach and Los Angeles, California and in Tokyo, Japan, is in the business of supplying services for Network Infrastructure, ASP and Cloud Computing Solutions. Its management team is composed of seasoned international business professionals with over 60 years of expertise in technology, media, entertainment and investment industries. POLARIS, with both a U.S. and Japan market base, is well positioned for the global evolution occurring in IT services and is meeting this evolution with its progressive collection of 'Cloud Solutions and Services' for its corporate Fortune 100 clients. POLARIS’ near term plan is to build out its ‘Global IT Services’ through acquisitions and/or strategic partnerships. The Company is currently engaged in due diligence with several international businesses that will significantly expand its territory from Japan to include the other rapidly growing Asian markets and North American markets. www.polaris-int.com
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