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Thanks Fyrace. See also:
http://biz.yahoo.com/e/050415/cirt.ob8-k.html
I hope: (i) this to the last dilution, (ii) the numbers (and forward looking statements) in the 10-k (that is already due) are as good as we were led to believe, and (iii) we won't get the bad "E" for late 10-K filling.
Mike
BTOO update - good time to load, IMO, before the 10K is out (should be happening any day now).
Check out the Web site - New product, and Exhibition:
http://www.biometrics2000.com/index.htm
1. New product
2. "BIOMETRICS 2000 WILL BE LAUNCHING AN ONLINE SUPPORT SITE FOR WORLDWIDE BIOMETRICS 2000 CUSTOMERS. THE SITE WILL CONTAIN INSTRUCTIONAL VIDEOS AND PRODUCT APPLICATION NOTES. CHECK BACK SOON FOR YOUR DETAILED 24/7 ONLINE SUPPORT."
3. ISC West
April 6-8 2005 Booth# 6039
"Biometrics 2000 will be exhibiting new and innovative fingerprint technology at ISC West in Las Vegas, NV."
"Joseph Turek, President & CEO, also the Chair of the Biometrics Subcommittee for the Security Industry Association will be discussing topics regarding standards and the application of biometrics."
Hopefully, after the exhibition, the company will get some orders for some of its products.
Everything appears to converge with this young (one year old) company. From what I see, it has a good chance to start its move soon. Right now people are waiting for the delayed fillings, and if they are decent enough (as I expect), this will fly. Then, once the company gets some significant orders for some of its products, this will indeed "go through the roof." The chance is there, as BTOO is well positioned to take advantage of the booming biometrics business.
Sold today at a loss my last two positions in "zero value" crooked stocks: CYBT & NEXH, and will buy more either here, CIRT, or GDVI. The last two already have the kind of an explosive revenue growth (and GDVI is already EPS positive), that I hope this company will also show us in the near future.
GDVI I initially bought some 3 years ago at an even smaller PPS that BTOO has now, and although some 3.5 times lower compared with its 52 weeks high, it is still some 3000% up from the level I bought it. The day that better financials were announced (some 2 years ago), it went up 1600% in one day (if I recall). BTOO, which is one of the leaders in Biometrics, and already has (and adding more) products, has a good chance to repeat that performance.
In any event, my account won't ever see no more those "zero value" stocks, that are run by shameless crooks (under the SEC's blind eye), and for some reason are mostly registered in Nevada.
Mike
Chucker, I'll definitevely hold it myself, but might get out at 1/10th of it. $10/share, will do for me, he, he!
Mike
At today's volume not a good business day for our "playboy" friends. Not with GDVI, anyway. The tax season might keep them quite busy calculating all those daily transactions, wash sales, so expect another low volume tomorrow as well.
Mike
Chucker,
Just do it now (for your choosen # of days). Here's a basic scientific calculator you can use:
http://www.calculator.com/calcs/calc_sci.html
For a daily 8% increase rate (using the y to the x power function, according to my formula - which is good), you enter 1.08, then hit "y to the x" kee, and enter the number of days you choose.
For my 100 days, I got 2199.76 times higher value than we have today, or a wopping $85.79/share (from today's (0.039). I'll be happy with that.
Mike
Chuck, that would be nice, wouldn't it?
Day zero (initial): A (the amount of cash you have now)
Day 1: A + rA = A(1+r) (r = the daily growth
Day 2: A(1+r) + rA(1+r) = A(1+r)power2
........................
Day 100: A(1+r)power100
I would be happy with that. If you have a scientific calculator you'll see what that means.
If you want more, than just chose "N" (the number of trading days), and you get your wish:
Day N: A(1+r)powerN
Let me see what your wish stop point will it be.
Question is: would anyone still do day traders (or "playboys" as someone called these guys on another board)?
Mike
Some managers never learn that paying these companies to promote their company always hurts. None of these promoters keep the shares that they receive in exchange for their service. They always want to sell them at any price, which triggers the price drop (check also the other "clever" companies being promoted along MOBL today.
For doing the promotional work, Jay should hire an individual that knows to write articles in business and technical national magazines, and not take this easy path of using paid promoters, and worse wall street insiders (Tobin style). Some people never learn. What a pitty!
Mike
------------------------
otcstockexchange.com: Stock Watch Alert -- OTCStockExchange.com MBEU, FBGO, BIPH, MOBL
via COMTEX
April 13, 2005
Rochester, NY, Apr 13, 2005 (M2 PRESSWIRE via COMTEX) --
OTCStockExchange.coms "Stock Watch Alert" this morning are Morgan Beaumont, Inc. (OTCBB: MBEU), FirstBingo.com (OTCBB: FBGO), Biophan Technologies, Inc. (OTCBB: BIPH), MobilePro Corp. (OTCBB: MOBL).
Sign-up for our FREE Stock Alerts at http://www.otcstockexchange.com !
Morgan Beaumont, Inc. (OTCBB: MBEU - http://finance.yahoo.com/q?s=MBEU.OB )
Morgan Beaumont, Inc. announced it has signed a Letter of Intent (LOI) for an asset purchase of all telecommunications equipment, switches, services, routes, and customers of MTEL Communications, Inc. subject to Morgan Beaumont board approval. MTEL provides innovative services to its telecommunication customers that include termination to over 220 countries, pre-paid phone cards, Voice-Over-Internet-Protocol (VOIP) communications including IP phones, gateways and an easy to use IP phone program. The transaction is valued at $900,000 and consideration for the transaction will be approximately 22% cash and 78% in stock and performance payouts. The company anticipates a closing of the transaction as well as revenue contribution during the current quarter.
Cliff Wildes, CEO of Morgan Beaumont, stated, "We are very pleased to announce this strategic transaction as it positions Morgan Beaumont as the leader in integrating the vast pre-paid phone card market into the rapidly growing stored value and debit card markets. By acquiring these valuable assets, we believe we will be the low cost provider because we now own the switch, the technology, the servers, the routes, the licenses, as well as being the card issuer. The existing capacity of this equipment for pre-paid phone minutes on our cards and our competitor cards is in excess of $1 million per month in incremental revenue, and targets the same demographic that are buying our stored value product.
"Additionally, our management team has extensive experience in the telecommunications market and we believe the inclusion of owning a switch is one of the best tactical pathways to enhance our growth potential. The founder and president of MTEL, Michael Vazquez, will remain with the company and help develop and deploy our pre-paid card programs to the Hispanic community."
Vazquez added, "I have known the Morgan Beaumont management team for several years and believe the combination of the two companies gives us a tremendous competitive edge to the un-banked and credit challenged market. I see the stored value product as the way of the future."
Wildes continued, "Michael and MTEL have been a leader in providing pre-paid products and services to the Hispanic community for years and are highly thought of in the industry. The timing is excellent for this combination because of many factors, including the rapid growth of Morgan Beaumont, our leadership in technology development, our strategic relationships, national points of presence, our TPP, MSP and ISO licenses with major card issuers and banks, coupled with the growth of the Stored Value card industry. To our knowledge we know of no other Stored Value card issuer for MasterCard or VISA that owns its own telecommunication company and switch to provide end-to-end solutions of pre-paid products."
"Also, this acquisition is consistent with Morgan Beaumont's core business of offering products and services to the sub-prime market place. We are targeting the introduction of a new traditional pre-paid phone card and a PIN number issued card at selected Points of Purchase, or POPs, on our SIRE Network locations in the current quarter. We plan to introduce a 'reloadable' plastic pre-paid phone card that can be loaded at our SIRE Network POPs next quarter and release a reloadable ATM/Debit card and Hologram product in the following quarter. These four products will address the sub-prime consumers need for pre-paid phone, ATM debit, and those who would be using both.
"Additional important information about MTEL includes: 1) MTEL has a 214 license as an International Carrier; 2) MTEL has signed contracts with Orbitel and Telecom in Colombia, Red Ip, Bestel in Mexico, Commnet in Panama and other international contracts; 3) MTEL has international 800 numbers in 35 countries where cards will be used as a pre-paid phone and debit card; 4) MTEL has a web site (http://www.mtel.biz ) where pre-paid phone cards and, in the future, debit cards can be purchased. We are extremely excited about this transaction and believe it opens the door to a large pool of potential new customers that use pre-paid phone cards," concluded Wildes.
Morgan Beaumont, Inc. is a Technology Solutions Company located in Sarasota, Florida. The company is one of the premier providers of Stored Value and Debit Card Solutions in the United States. The company has developed POS and PC based software that connects merchants with multiple Stored Value Processors and Issuing Banks, in addition to private transaction networks and IVR and CRM technology. Morgan Beaumont is a MasterCard Third Party Processor (TPP). The company also has a national network of Stored Value and Debit Card load stations located throughout the United States. To learn more about Morgan Beaumont, please visit http://www.morganbeaumont.com .
FirstBingo.com (OTCBB: FBGO - http://finance.yahoo.com/q?s=FBGO.OB )
Mr. Richard Wachter, President of FirstBingo.com, today announced the next 4 Weekly Competition Periods. The Periods are to commence April 25th and conclude May 21st 2005.
TriviaBingo.com will be the official membership site of the internet game for residents of both Canada and the United States.
Members of www.triviabingo.com compete daily in order to qualify to appear on the weekly TV game show.
At the end of each week the three highest daily point achievers are invited to attend the game show where they will compete on TV for up to $100,000.00.
FirstBingo.com is currently engaged in the production and customization of an innovative and exciting new corporate marketing and advertising tool. FirstBingo.com specializes in the development and production of multimedia properties, most notably an innovative and exciting internet/television game show called TriviaBingo(TM). The company's solution combines the skill testing question aspect of trivia with the excitement and popularity of bingo. By participating online, players can compete for the opportunity to appear on TV TriviaBingo(TM), the television version of the game.
Biophan Technologies, Inc. (OTCBB: BIPH - http://finance.yahoo.com/q?s=BIPH.OB )
Biophan Technologies, Inc. a developer of next-generation biomedical technology, and New Scale Technologies, Inc., a developer of miniature ceramic motors, have announced that the U.S. Patent and Trademark Office has allowed the fundamental patent for the revolutionary SQUIGGLE motor, a linear motor made of piezoelectric ceramics and other non-magnetic materials, which achieves nanometer precision. The Companies expect the patent will issue in the near future.
The SQUIGGLE motor's unique design enables advanced applications, such as the multi-billion-dollar market for implantable and wearable drug-delivery pumps. It is also safe and imageable for use in Magnetic Resonance Imaging (MRI) systems and other vacuum and ultra cold environments. Biophan holds the exclusive worldwide distribution rights to all medical applications using SQUIGGLE motors, produced by New Scale Technologies.
"This is great news for both Biophan and New Scale," said Michael Weiner, Biophan CEO. "The SQUIGGLE technology offers a number of unique features and capabilities that we believe will allow the development of significantly improved solutions for existing markets, as well as the development of applications for promising new markets in health care and medical technology."
The SQUIGGLE motor is constructed completely of non-magnetic ceramics and other advanced materials and is both totally safe and accurately imageable within Magnetic Resonance Imaging (MRI) systems. MRI compatibility enables the development of remote-controlled robotic surgical devices for MRI-guided procedures that require the highly precise positioning under real-time visual control, such as intra-cranial procedures to inject medicines into brain tumors.
The piezo electric ceramic SQUIGGLE motor occupies a unique and critical niche in the world of small motors for biomedical and other industry sectors. Using ultrasonic vibrations, it delivers significantly superior precision and electrical efficiency compared to older-generation electromagnetic motors, enabling longer battery life and reduced concerns with unwanted device heating. SQUIGGLE linear motors are five times more efficient and ten times more precise compared to electromagnetic motors.
The SQUIGGLE is constructed from only four parts--about 90% fewer than comparable electromagnetic medical device motors with gears. Because they require no gear reduction, a significant source of failure and malfunction is eliminated, increasing the SQUIGGLE's dependability. New Scale is producing a variety of SQUIGGLE models, ranging in size from 4 mm in diameter to 12 mm in diameter, with a variety of ranges of motion. The newest SQUIGGLE model, the SQ-306, is 50% smaller than the Company's previous models. A photo of the SQ-306 can be viewed at http://www.biophan.com/NewScale.jpg . It is 10 mm in length and 4 mm in diameter, and achieves precision levels in the nanometer-range.
The SQUIGGLE motor is also being developed for a number of important potential applications in sectors other than medicine, where its ultra-precise, silent and relatively powerful motorized movement is an advantage, such as automatic camera zoom lenses for cell phones and other active optical markets. In addition to its license of New Scale's SQUIGGLE for all medical applications, Biophan is also a minority equity owner in New Scale Technologies. New Scale currently sells a range of miniature motors and precision positioning systems that are powerful, and efficient, for emerging applications in nanotechnology, microelectronics, optics, lasers, biotechnology, medical devices, aerospace and defense, fluid control, and office/consumer products. (View "Biophan and New Scale Present Ceramic Motor for Medical Devices" video at http://www.biophan.com/ceramicvideo.php .)
MobilePro Corp. (OTCBB: MOBL - http://finance.yahoo.com/q?s=MOBL.OB )
MobilePro Corp. announced that its subsidiary CloseCall America plans to launch a new, prepaid wireless product in the next 30 days.
This new service offers a "no surprise" wireless bill for consumers and will offer new features including parental controls, which will have the ability to restrict outgoing and incoming calls to only certain numbers.
Jay Wright, MobilePro chairman and CEO, said, "Tom Mazerski and his team at CloseCall America have come through again with this innovative wireless product. We believe that prepaid wireless is a huge opportunity for us to access an estimated multi-billion-dollar potential market for teens, preteens and credit-challenged customers. We plan to market this CloseCall product first in Maryland and then throughout the United States. With the coming of Wi-Fi cell phones, a prepaid product has obvious applicability in places such as Arizona where we are rolling out metro-area wireless networks as well as over traditional cellular networks using regular cell phones via our MVNO arrangement with Verizon Wireless."
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Hilarious postings:
I just checked out some of the other boards. I just wanted to see if I can get a clue of why after all these great news lately, the PPS is still jumping up and down as a pink-pong ball.
http://www.boardcentral.com/aios/aios.cgi
1. From RB:
Posted by Wisky17:
”speed,don't get down on daytraders to much here,,this is how i trade this stock and have made a ton!,,,also take in account that it's the daytraders that bring the volume up in most case's which in return brings in new investors having seen the volume spike up. Of course this is just my opinion having seen it many times in the OTCBB.”
And, then (in another post) the same “playboy” comes up with the most hilarious part:
“I don't mind helping the Gov. with my extra $$$$$$,,,after all,,,i've made more then they have. Greed is the # 1 killer in penny stocks in my opinion when people wait for the grand slam that never comes. In some cases it does,,,but not that often. JMO”
The hilarious part is that this individual is calling the longs: “Greedy.” He doesn’t seem to know the meaning of the word “greedy.” The individual that is playing pink-pong games with a stock that is poised for a great growth is not only a very greedy person, but also not very smart, IMO. Last year he was posting carbon copy of today’s remarks, but he disappeared from sight when (at the end of April, beginning of May) all of the sudden the PPS jumped from below 0.07 to 0.285 in a matter of days. This time around with so much more going on with this company taking a chance is not a very smart move.
2. The following question about the strange PPS behavior was raised by “Warrenadair” from the Market Watch board.
“Anybody have a clue as to what's going on? Down from .1 to .085, 18% in last two trading days (but did just upticked to .09 with trade at 1:12 P.M.). Sudden drop on moderate volume yesterday. Not much volume today. No new news reports and probably not enough volume to indicate insider trading. Maybe the "playboys" are getting back in and messing things up.”
If I understood it correctly, I liked the part where he’s calling the day traders: “playboys.” Silly “playboys” I might add.
This company is as we speak experiencing an explosive growth ($25+MM contracts, compared to peanuts same time last year). Why do I call these "playboys" silly? Simply because they (That are not greedy, he, he) only go for the peanuts. The true longs want to get (and they will get it) the full reward. These “playboys” (I love Warren’s definition) won't be able to keep it down for too long. In fact, I expect it to start moving any day now. And with the rather small volume (even if I won’t be greedy, he, he) I won’t take the chance to be left out. I bet plenty of good news will come our way in the very near future, and one of them shall trigger the move back to the 30’s (at least). Once that price is reached with all this dramatic improvements in the company’s prospects (e.g., AMEX listing) the price should not come back again the way it did last year. This company is one of the very few penny stocks that one gets the most out of by keeping it long because of the capital gain taxes, plus less headache. I made this experiment years back with Keithley (KEY?). I bought in there two small packages: one that I kept from around $1 to around $100, when I sold it (it took just over one year), and an equal number of shares that I traded the peaks and valleys. Although by doing it I ended up with some 3 times as many shares as initially I had, the net gain I maid (after taxes) was quite a bit smaller than that in the first category. Plus, all that headache in baby-sitting the price all the time.
Mike
Some people are plain silly. Check out the RB:
http://www.boardcentral.com/aios/aios.cgi
These folks were going today around the building subject, and some were questioning if this was a clever move. Below is a post (thanks to otcbb4) about the building. All up to now, the Company was paying $16,974/month, or $203.7K/year. If anything, that was not smart, and to me today's news was good indeed. I trust no company that still opperates on a leased space. From now one, CIRT can expand as the need may be, and it also builds on their assets, which is important. Plus I'm glad to see they didn't use the poisonous Cornell financing to fund it. Getting rid of Cornell (to me) will be the next major positive step in the history of this company.
Mike
-----------------------------------
By: otcbb4
12 Apr 2005, 01:08 PM EDT
Msg. 21438 of 21438
Who own PFE properties?? On December 17, 2003, the Registrant entered into a ten-year lease agreement (the "Lease") with PFE Properties, LLC, a Utah limited liability company (the "Lessor") for the Registrant's existing 40,000 square-foot headquarters and manufacturing facility, located at 4125 South 6000 West in Salt Lake City, Utah. The workspace includes 10,000 square feet of office space to support the Registrant's Administration, Sales, and Engineering Staff. The 30,000 square feet of manufacturing space includes a highly secured inventory area, shipping and receiving areas, and manufacturing and assembly space that support six full surface-mount lines with state-of-the-art equipment capable of placing over 360 million components per year.
Under the terms of the lease, the Registrant pays monthly rent of $16,974. The term of the lease is ten years, with options to renew for two additional terms of ten years each.
Soar, I was never concerned about the long-term prospects here. This is a new phase that the company is entering into, and once everything settles down the real move will start. I waited for more than 15 months, I can wait for another 15 months, and by than this should be a succesful Nasdaq company. The 1 year graph right now doesn't look too pretty, but any real news (we already had some bits and pieces) will take us to the new level.
Mike
Soar, I was never concerned about the long-term prospects here. This is a new phase that the company is entering into, and once everything settles down the real move will start. I waited for more than 15 months, I can wait for another 15 months, and by than this should be a succesful Nasdaq company. The 1 year graph right now doesn't look too pretty, but any real news (we already had some bits and pieces) will take us to the new level.
Mike
Good news! This prove that the company is entering a new phase in it's history: (i) will own its own ISO certified 40K sq.ft faciity with the possibility for expansion; (ii) more than $30 million contracts, (iii) got out of the IRS problem, and most important (iv) the Asia arm of the company will ensure IMO good net income.
Just look at the names of companies CirTran is working. After the 10-K is out (hopefully this week), just sit back and enjoy the ride. I won't advice anyone to sell again (like the poor impatient folks at the EOD yesterday). This time I feel the ride will be long, and substantial.
Mike
------------------------------------
"During the first quarter-plus of 2005, CirTran has actively implemented many components of our overall plan for the future," he said. "This includes earning the prestigious ISO 9001:2000 certification at our Salt Lake facility, and winning more than $30 million contracts for work in Utah and for our CirTran-Asia subsidiary from major companies, including Lockheed Martin Corporation (NYSE:LMH), Flextronics (NASDAQ:FLEX), Nortel(TM) (NYSE:NT) and Linux Networx(TM), and included contracts to manufacture sold-on-TV consumer electronics products. "In addition," Mr. Hawatmeh said, "CirTran successfully negotiated a settlement with the IRS and converted $2.5 million debt-to-equity, significantly impacting the overall financial strength of the company and our shareholders' investment."
CirTran Buys its $2.05 Million, 40,000-Sq. Ft. Office and Manufacturing HQ
Business Wire - April 12, 2005 10:46
SALT LAKE CITY, Apr 12, 2005 (BUSINESS WIRE) -- CirTran Corporation (OTCBB:CIRT), an international full-service contract manufacturer of IT, consumer and consumer electronics products, announced today that it has taken "another step in the American dream" by purchasing the 40,000-square-foot office and manufacturing facility where it has been headquartered since 1996.
Iehab Hawatmeh, CirTran's founder and president, said his company purchased the facility at 4125 South 6000 West in Salt Lake's West Valley City from PFE Properties, LLC for $2.05 million, including $1 million in restricted (for two years) stock at $.05 per share and assumption of a note for $1.05 million. He said the building has been appraised for more than $2.2 million.
"The American dream is to own your own home -- I've heard that since the day I arrived in Salt Lake and America as a 17-year-old student," Mr. Hawatmeh said. "Now CirTran has taken another step in the American dream, and saved itself a great deal of money as well...which is important in America as it is in business anywhere in the world!"
He said the stock included in the purchase "was substantially discounted at approximately 40%," and that the company will inter-only on the note in the short term. "This will save CirTran more than $75,000 in rental payments over the next 12 months alone," Mr. Hawatmeh said.
'Part of Overall Business and Financial Strategy'
Mr. Hawatmeh said the purchase of the building was part of CirTran's overall business and financial plan "to continue to build shareholder equity by increasing revenues, eliminating or converting debt to equity, and obtaining more capital assets. By purchasing the building," he said, "CirTran has added $2 million-plus to our corporate assets and enhanced shareholder equity by more than $1 million."
He said the five-acre site "provides for expansion as needed...for distribution facilities, manufacturing space and offices," Mr. Hawatmeh said.
"During the first quarter-plus of 2005, CirTran has actively implemented many components of our overall plan for the future," he said. "This includes earning the prestigious ISO 9001:2000 certification at our Salt Lake facility, and winning more than $30 million contracts for work in Utah and for our CirTran-Asia subsidiary from major companies, including Lockheed Martin Corporation (NYSE:LMH), Flextronics (NASDAQ:FLEX), Nortel(TM) (NYSE:NT) and Linux Networx(TM), and included contracts to manufacture sold-on-TV consumer electronics products. "In addition," Mr. Hawatmeh said, "CirTran successfully negotiated a settlement with the IRS and converted $2.5 million debt-to-equity, significantly impacting the overall financial strength of the company and our shareholders' investment."
Mr. Hawatmeh also said that CirTran plans to announce its final results for fiscal 2004 within the next week.
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTCBB:CIRT)(www.CirTran.com) is a premier international full-service contract manufacturer of low to mid size volume contracts for printed circuit board assemblies, cables and harnesses to the most exacting specifications. Headquartered in Salt Lake City, CirTran's modern 40,000-square foot non-captive manufacturing facility -- the largest in the Intermountain Region -- provides "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities, while reducing costs and ensuring speedy time-to-market.
About CirTran-Asia
CirTran-Asia (www.CirTran-Asia.com) was formed in 2004 as a high-volume manufacturing arm and wholly-owned subsidiary of CirTran Corporation with its principal office in ShenZhen, China. CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment and household products manufacturing, focusing on being a leading manufacturer for the multi-billion dollar Direct Response Industry, which sells through infomercials, print and internet advertisements.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
All trademarks are properties of their respective owners.
SOURCE: CirTran Corporation
CirTran Corporation
Trevor M. Saliba, 801-963-5112
trevor@cirtran.com
or
The Kaminer Group
David A. Kaminer, 914-684-1934
dkaminer@kamgrp.com
Speedtrader,
"Looking like it may shape up to be the deal of the century."
Well, well Speed. Let's not overdue it. It won't be "the deal of the century," but it should be very good for people that have accumulated before the 10-K finally shows up.
Strange move today. Most probably people that don't do their homework (DD) properly, or simply don't know how to do it. Selling CIRT just before the expected best 10-K ever in the history of this company is not a very smart move to say the least. For Pete's sake, recently the company announced (i) $30+MM contracts, compared to peanuts last year, (ii) got the certification for their 30K sq.ft. new facility, and on, and on. To me, this is the best time to accumulate, not to sell any shares. It won't be too long before I'm either proven wrong or right.
We should have the 10-K either by the end of this week (most probably), or earlier next week.
For people that are just throwing away their money, I say: go through the pain and do you own DD, and be a winner for a change. No pain, no gain!
Mike
I guess some people should don't belong in the investing business. If $30+MM new contracts (compared to peanuts last year) prompt them to sell this stock just prior to the best expected 10-K ever in CIRT's history, this is so very sad for them, and good for people (myself included) that have been accumulating here recently.
Mike
OT: This is an EXPERIMENT. If you care to participate, read on. If not, just skip it.
In today's crazy environment, if you want to keep your skirt on: Diversify, diversify, diversify, but only after you chose stocks that have good near future potential. Our MOBL is, of course, one of them, IMO.
OT: Something I just posted tonight on an OSEE board, and than on several other of my boards. It contain my favorites at the present time. Anyone cares to participate?
Mike
------------------------------
"Yes good year-to-year, but 4th qtr. revenues were down. Why do you still like this one? Thanx."
Tony,
Look at the "Income Statement" and see the financials for the previous 4 quarters (go to quaterly):
http://finance.yahoo.com/q/is?s=OSEE.OB
I hope you see the trend (not only on the gross revenue site, but also the next income, which is getting better and better)
Then, did you read the 10K?
http://biz.yahoo.com/bw/050331/315982.html?.v=1
Tell you the truth, I like not only what they do, but also the fact that being an older company, the chance it to dissapear over night, like so many other BB companies (at this PPS) is minimal. Then, I like the fact that (contrary to most of the other penny companies), the float is very low, and STABLE (in other words, THEY ARE NOT in the business of selling shares as most of the other pennies stocks).
Check out the OS in the last 10-K: Number of shares used to compute per share data: 73.092MM (in 2002), 56.695MM (in 2003), and 56.726MM (at the end of 2004). So, the OS actually came down since 2002, and it is as stable as you can find. Hard to find many other older companies with good history, and low, stable OS of only less than 57MM shares.
After selling the assets of its manufacturing segment in September 2003, OSEE currently operates in the distribution segment only. But, as you can see the bottom line (the net revenue) is picking up:
"The Company reported a net loss applicable to common stockholders of ($1,292,000) or ($0.02) per diluted share for 2004, compared with a restated net loss of ($7,774,000) or ($0.14) per diluted share for 2003."
After the 2003 10-K (the worse in the recent company's history), after a while, the PPS went last spring above 0.1. Hence, with improved numbers, I won't be surprised the some thing to happen again in the very near future. The fact that there was no activity over the last trading days is a good sign, in that no one is willing to sell at these prices. All we need here is some event that will trigger some increased volume, and IMO we'll be on our way up.
The semi business as a whole is still way down, but it certainly gives signs right now of a turnaround. This down cycle was already long enough, and the semi is due for a nice rebound any day now. And once this happens, along with most of the other semi-related businesses, this one will improve the revenue (and earnings). Just wait to see after people stop going for increasingly higher prices in todays hot sectors such as energy, and you'll see more and more people jumping back into semi that traditionally was one of the most rewarding sector in the past.
You (and anyone else for that matter) should do YOUR OWN DD, before deciding what to do. If it matters to you, I bought recently here.
I understand you bought some CIRT, and GDVI that I recommended you to take a look at? If so, you made a very good choice IMO. CIRT should report the best numbers in their history this week, while GDVI except for some "daily guys" who's activity still keeps it low, after all the latest great news, it should start moving sooner rather than later.
Check out also VFIN (EPS positive of 0.08/share, and the best #-s in their history reported last week), still sitting at 0.25 or so right now? They have some low suit going on, but I believe that when this is over (and these things usually get solved relatively easy for a company with good finances, and a MM as well) I expect this to jump.
Take a look at BTOO (sitting at the very bottom right now), because they didn't fill in time. The results should be out by the end next week, or the start of the following at the latest. Although a bit riskier, at around 0.0035 right now, I expect it to do very well (if the numbers are decent enough, the PPS IMO could easily jump 3 to 5 times higher).
And of course, two of my old favorites: MOBL, and COVD, that are at the bottom right now. Not for long, I assume. In fact, COVD looks like it started to move up slowly.
PS: I still have 2 positions in some "zero value" PPS stocks (CYBT & NEXH), with an order to sell them at a loss. After getting out of those 2, my account won't ever see any such stupid companies, EVER.
Hope this helps. If you know people on other boards that might use the info above (all these are hand picked stocks with lots of near-term potential), I don't mind you posting it there. With good companies such as the above, the chance of loosing your skirt is minimal, especially if you diversify.
PPS: If you, or anyone else knows of any other good stock, with good history (e.g., no R/S), good financials, low and relatively stable float, and (especially) at a stage of "explossive" growth, with a PPS sitting at or near the bottom, I would very much appreciate knowing about them.
Best to you all,
Mike
If you want to keep your skirt on: Diversify, diversify, after you chose stocks that have good near future potential.
OT: Something I just posted on an OSEE board.
For a decent DD of any stock I'm mentioning here, go to one of my previous posts (the one I'm responding to)
Mike
------------------------------
"Yes good year-to-year, but 4th qtr. revenues were down. Why do you still like this one? Thanx."
Tony,
Look at the "Income Statement" and see the financials for the previous 4 quarters (go to quaterly):
http://finance.yahoo.com/q/is?s=OSEE.OB
I hope you see the trend (not only on the gross revenue site, but also the next income, which is getting better and better)
Then, did you read the 10K?
http://biz.yahoo.com/bw/050331/315982.html?.v=1
Tell you the true, I like not only what they do, but also the fact that being an older company, the chance it to dissapear over night, like so many other BB companies (at this PPS) is minimal. Then, I like the fact that (contrary to most of the other penny companies), the float is very low, and STABLE (in other words, THEY ARE NOT in the business of selling shares as most of the other pennies stocks).
Check out the OS in the last 10-K: Number of shares used to compute per share data: 73.092MM (in 2002), 56.695MM (in 2003), and 56.726MM (at the end of 2004). So, the OS actually came down since 2002, and it is as stable as you can find. Hard to find many other older companies with good history, and low, stable OS of only less than 57MM shares.
After selling the assets of its manufacturing segment in September 2003, OSEE currently operates in the distribution segment only. But, as you can see the bottom line (the net revenue) is picking up:
"The Company reported a net loss applicable to common stockholders of ($1,292,000) or ($0.02) per diluted share for 2004, compared with a restated net loss of ($7,774,000) or ($0.14) per diluted share for 2003."
After the 2003 10-K (the worse in the recent company's history), after a while, the PPS went last spring above 0.1. Hence, with improved numbers, I won't be surprised the some thing to happen again in the very near future. The fact that there was no activity over the last trading days is a good sign, in that no one is willing to sell at these prices. All we need here is some event that will trigger some increased volume, and IMO we'll be on our way up.
The semi business as a whole is still way down, but it certainly gives signs right now of a turnaround. This down cycle was already long enough, and the semi is due for a nice rebound any day now. And once this happens, along with most of the other semi-related businesses, this one will improve the revenue (and earnings). Just wait to see after people stop going for increasingly higher prices in todays hot sectors such as energy, and you'll see more and more people jumping back into semi that traditionally was one of the most rewarding sector in the past.
You (and anyone else for that matter) should do YOUR OWN DD, before deciding what to do. If it matters to you, I bought recently here.
I understand you bought some CIRT, and GDVI that I recommended you to take a look at? If so, you made a very good choice IMO. CIRT should report the best numbers in their history this week, while GDVI except for some daily guys who's activity still keeps it low, after all the latest great news, it should start moving sooner rather than later.
Check out also VFIN (EPS positive of 0.08/share, and the best #-s in their history reported last week), still sitting at 0.25 or so right now? They have some low suit going on, but I believe that when this is over (and these things usually get solved relatively easy for a company with good finances, and a MM as well) I expect this to jump.
Take also a look at BTOO (sitting at the very bottom right now), because they didn't fill in time. The results should be out by the end next week, or the start of the following at the latest. Although a bit riskier, at around 0.0035 right now, I expect it to do very well (if the numbers are decent enough, the PPS IMO could easily jump 3 to 5 times higher).
And of course, two of my old favorites: MOBL, and COVD, that are at the bottom right now. Not for long, I assume. In fact, COVD looks like it started to move up slowly.
PS: I still have 2 positions in some "zero value" PPS stocks (CYBT & NEXH), with an order to sell them at a loss. After getting ready of those 2, my account won't ever see any such stupid companies, EVER.
Hope this helps. If you know people on other boards that might use the info above (all these are hand picked stocks with lots of near-term potential), I don't mind you posting it there. With good companies such as the above, the chance of loosing your skirt is minimal, especially if you diversify.
PPS: If you, or anyone else knows of any other good stock, with good history (e.g., no R/S), good financials, low and relatively stable float, and (especially) at a stage of "explossive" growth, with a PPS sitting at or near the bottom, I would very much appreciate knowing about them.
Best to you,
Mike
OT: Something I just posted on an OSEE board.
For a decent DD of any stock I'm mentioning here, go to one of my previous posts (the one I'm responding to)
Mike
------------------------------
"Yes good year-to-year, but 4th qtr. revenues were down. Why do you still like this one? Thanx."
Tony,
Look at the "Income Statement" and see the financials for the previous 4 quarters (go to quaterly):
http://finance.yahoo.com/q/is?s=OSEE.OB
I hope you see the trend (not only on the gross revenue site, but also the next income, which is getting better and better)
Then, did you read the 10K?
http://biz.yahoo.com/bw/050331/315982.html?.v=1
Tell you the true, I like not only what they do, but also the fact that being an older company, the chance it to dissapear over night, like so many other BB companies (at this PPS) is minimal. Then, I like the fact that (contrary to most of the other penny companies), the float is very low, and STABLE (in other words, THEY ARE NOT in the business of selling shares as most of the other pennies stocks).
Check out the OS in the last 10-K: Number of shares used to compute per share data: 73.092MM (in 2002), 56.695MM (in 2003), and 56.726MM (at the end of 2004). So, the OS actually came down since 2002, and it is as stable as you can find. Hard to find many other older companies with good history, and low, stable OS of only less than 57MM shares.
After selling the assets of its manufacturing segment in September 2003, OSEE currently operates in the distribution segment only. But, as you can see the bottom line (the net revenue) is picking up:
"The Company reported a net loss applicable to common stockholders of ($1,292,000) or ($0.02) per diluted share for 2004, compared with a restated net loss of ($7,774,000) or ($0.14) per diluted share for 2003."
After the 2003 10-K (the worse in the recent company's history), after a while, the PPS went last spring above 0.1. Hence, with improved numbers, I won't be surprised the some thing to happen again in the very near future. The fact that there was no activity over the last trading days is a good sign, in that no one is willing to sell at these prices. All we need here is some event that will trigger some increased volume, and IMO we'll be on our way up.
The semi business as a whole is still way down, but it certainly gives signs right now of a turnaround. This down cycle was already long enough, and the semi is due for a nice rebound any day now. And once this happens, along with most of the other semi-related businesses, this one will improve the revenue (and earnings). Just wait to see after people stop going for increasingly higher prices in todays hot sectors such as energy, and you'll see more and more people jumping back into semi that traditionally was one of the most rewarding sector in the past.
You (and anyone else for that matter) should do YOUR OWN DD, before deciding what to do. If it matters to you, I bought recently here.
I understand you bought some CIRT, and GDVI that I recommended you to take a look at? If so, you made a very good choice IMO. CIRT should report the best numbers in their history this week, while GDVI except for some daily guys who's activity still keeps it low, after all the latest great news, it should start moving sooner rather than later.
Check out also VFIN (EPS positive of 0.08/share, and the best #-s in their history reported last week), still sitting at 0.25 or so right now? They have some low suit going on, but I believe that when this is over (and these things usually get solved relatively easy for a company with good finances, and a MM as well) I expect this to jump.
Take also a look at BTOO (sitting at the very bottom right now), because they didn't fill in time. The results should be out by the end next week, or the start of the following at the latest. Although a bit riskier, at around 0.0035 right now, I expect it to do very well (if the numbers are decent enough, the PPS IMO could easily jump 3 to 5 times higher).
And of course, two of my old favorites: MOBL, and COVD, that are at the bottom right now. Not for long, I assume. In fact, COVD looks like it started to move up slowly.
PS: I still have 2 positions in some "zero value" PPS stocks (CYBT & NEXH), with an order to sell them at a loss. After getting ready of those 2, my account won't ever see any such stupid companies, EVER.
Hope this helps. If you know people on other boards that might use the info above (all these are hand picked stocks with lots of near-term potential), I don't mind you posting it there. With good companies such as the above, the chance of loosing your skirt is minimal, especially if you diversify.
PPS: If you, or anyone else knows of any other good stock, with good history (e.g., no R/S), good financials, low and relatively stable float, and (especially) at a stage of "explossive" growth, with a PPS sitting at or near the bottom, I would very much appreciate knowing about them.
Best to you,
Mike
OT: Something I just posted on an OSEE board.
For a decent DD of any stock I'm mentioning here, go to one of my previous posts (the one I'm responding to)
Mike
------------------------------
"Yes good year-to-year, but 4th qtr. revenues were down. Why do you still like this one? Thanx."
Tony,
Look at the "Income Statement" and see the financials for the previous 4 quarters (go to quaterly):
http://finance.yahoo.com/q/is?s=OSEE.OB
I hope you see the trend (not only on the gross revenue site, but also the next income, which is getting better and better)
Then, did you read the 10K?
http://biz.yahoo.com/bw/050331/315982.html?.v=1
Tell you the true, I like not only what they do, but also the fact that being an older company, the chance it to dissapear over night, like so many other BB companies (at this PPS) is minimal. Then, I like the fact that (contrary to most of the other penny companies), the float is very low, and STABLE (in other words, THEY ARE NOT in the business of selling shares as most of the other pennies stocks).
Check out the OS in the last 10-K: Number of shares used to compute per share data: 73.092MM (in 2002), 56.695MM (in 2003), and 56.726MM (at the end of 2004). So, the OS actually came down since 2002, and it is as stable as you can find. Hard to find many other older companies with good history, and low, stable OS of only less than 57MM shares.
After selling the assets of its manufacturing segment in September 2003, OSEE currently operates in the distribution segment only. But, as you can see the bottom line (the net revenue) is picking up:
"The Company reported a net loss applicable to common stockholders of ($1,292,000) or ($0.02) per diluted share for 2004, compared with a restated net loss of ($7,774,000) or ($0.14) per diluted share for 2003."
After the 2003 10-K (the worse in the recent company's history), after a while, the PPS went last spring above 0.1. Hence, with improved numbers, I won't be surprised the some thing to happen again in the very near future. The fact that there was no activity over the last trading days is a good sign, in that no one is willing to sell at these prices. All we need here is some event that will trigger some increased volume, and IMO we'll be on our way up.
The semi business as a whole is still way down, but it certainly gives signs right now of a turnaround. This down cycle was already long enough, and the semi is due for a nice rebound any day now. And once this happens, along with most of the other semi-related businesses, this one will improve the revenue (and earnings). Just wait to see after people stop going for increasingly higher prices in todays hot sectors such as energy, and you'll see more and more people jumping back into semi that traditionally was one of the most rewarding sector in the past.
You (and anyone else for that matter) should do YOUR OWN DD, before deciding what to do. If it matters to you, I bought recently here.
I understand you bought some CIRT, and GDVI that I recommended you to take a look at? If so, you made a very good choice IMO. CIRT should report the best numbers in their history this week, while GDVI except for some daily guys who's activity still keeps it low, after all the latest great news, it should start moving sooner rather than later.
Check out also VFIN (EPS positive of 0.08/share, and the best #-s in their history reported last week), still sitting at 0.25 or so right now? They have some low suit going on, but I believe that when this is over (and these things usually get solved relatively easy for a company with good finances, and a MM as well) I expect this to jump.
Take also a look at BTOO (sitting at the very bottom right now), because they didn't fill in time. The results should be out by the end next week, or the start of the following at the latest. Although a bit riskier, at around 0.0035 right now, I expect it to do very well (if the numbers are decent enough, the PPS IMO could easily jump 3 to 5 times higher).
And of course, two of my old favorites: MOBL, and COVD, that are at the bottom right now. Not for long, I assume. In fact, COVD looks like it started to move up slowly.
PS: I still have 2 positions in some "zero value" PPS stocks (CYBT & NEXH), with an order to sell them at a loss. After getting ready of those 2, my account won't ever see any such stupid companies, EVER.
Hope this helps. If you know people on other boards that might use the info above (all these are hand picked stocks with lots of near-term potential), I don't mind you posting it there. With good companies such as the above, the chance of loosing your skirt is minimal, especially if you diversify.
PPS: If you, or anyone else knows of any other good stock, with good history (e.g., no R/S), good financials, low and relatively stable float, and (especially) at a stage of "explossive" growth, with a PPS sitting at or near the bottom, I would very much appreciate knowing about them.
Best to you,
Mike
Something I just posted on an OSEE board:
"Yes good year-to-year, but 4th qtr. revenues were down. Why do you still like this one? Thanx."
Tony,
Look at the "Income Statement" and see the financials for the previous 4 quarters (go to quaterly):
http://finance.yahoo.com/q/is?s=OSEE.OB
I hope you see the trend (not only on the gross revenue site, but also the next income, which is getting better and better)
Then, did you read the 10K?
http://biz.yahoo.com/bw/050331/315982.html?.v=1
Tell you the true, I like not only what they do, but also the fact that being an older company, the chance it to dissapear over night, like so many other BB companies (at this PPS) is minimal. Then, I like the fact that (contrary to most of the other penny companies), the float is very low, and STABLE (in other words, THEY ARE NOT in the business of selling shares as most of the other pennies stocks).
Check out the OS in the last 10-K: Number of shares used to compute per share data: 73.092MM (in 2002), 56.695MM (in 2003), and 56.726MM (at the end of 2004). So, the OS actually came down since 2002, and it is as stable as you can find. Hard to find many other older companies with good history, and low, stable OS of only less than 57MM shares.
After selling the assets of its manufacturing segment in September 2003, OSEE currently operates in the distribution segment only. But, as you can see the bottom line (the net revenue) is picking up:
"The Company reported a net loss applicable to common stockholders of ($1,292,000) or ($0.02) per diluted share for 2004, compared with a restated net loss of ($7,774,000) or ($0.14) per diluted share for 2003."
After the 2003 10-K (the worse in the recent company's history), after a while, the PPS went last spring above 0.1. Hence, with improved numbers, I won't be surprised the some thing to happen again in the very near future. The fact that there was no activity over the last trading days is a good sign, in that no one is willing to sell at these prices. All we need here is some event that will trigger some increased volume, and IMO we'll be on our way up.
The semi business as a whole is still way down, but it certainly gives signs right now of a turnaround. This down cycle was already long enough, and the semi is due for a nice rebound any day now. And once this happens, along with most of the other semi-related businesses, this one will improve the revenue (and earnings). Just wait to see after people stop going for increasingly higher prices in todays hot sectors such as energy, and you'll see more and more people jumping back into semi that traditionally was one of the most rewarding sector in the past.
You (and anyone else for that matter) should do YOUR OWN DD, before deciding what to do. If it matters to you, I bought recently here.
I understand you bought some CIRT, and GDVI that I recommended you to take a look at? If so, you made a very good choice IMO. CIRT should report the best numbers in their history this week, while GDVI except for some daily guys who's activity still keeps it low, after all the latest great news, it should start moving sooner rather than later.
Check out also VFIN (EPS positive of 0.08/share, and the best #-s in their history reported last week), still sitting at 0.25 or so right now? They have some low suit going on, but I believe that when this is over (and these things usually get solved relatively easy for a company with good finances, and a MM as well) I expect this to jump.
Take also a look at BTOO (sitting at the very bottom right now), because they didn't fill in time. The results should be out by the end next week, or the start of the following at the latest. Although a bit riskier, at around 0.0035 right now, I expect it to do very well (if the numbers are decent enough, the PPS IMO could easily jump 3 to 5 times higher).
And of course, two of my old favorites: MOBL, and COVD, that are at the bottom right now. Not for long, I assume. In fact, COVD looks like it started to move up slowly.
PS: I still have 2 positions in some "zero value" PPS stocks (CYBT & NEXH), with an order to sell them at a loss. After getting ready of those 2, my account won't ever see any such stupid companies, EVER.
Hope this helps. If you know people on other boards that might use the info above (all these are hand picked stocks with lots of near-term potential), I don't mind you posting it there. With good companies such as the above, the chance of loosing your skirt is minimal, especially if you diversify.
PPS: If you, or anyone else knows of any other good stock, with good history (e.g., no R/S), good financials, low and relatively stable float, and (especially) at a stage of "explossive" growth, with a PPS sitting at or near the bottom, I would very much appreciate knowing about them.
Best to you,
Mike
Thanks Chuck. I only added a small portion to my previous position. With its over 30MM contracts right now (compared to last years numbers), this company is poised for a nice explossive growth indeed.
Mike
Sawdin: Question & A must read borrowed Msg from an AMHI board
"Regarding TS...I subscribe to some of his services and imho, he's into MOBL for the long-haul ASSUMING it doesn't totally crap out."
Question: When the PPS was 0.23-0.25 (just before the Q release), Tobin adviced his followers to buy 1/3rd below 0.2, 1/3 below 0.16, and I forgot about the last 1/3. If you can answer this: Did he (Tobin) changed his "recommendation" in the mean time? TIA
If you read the write-up below you'll see why I don't quite like neither the hedge funds, nor these self proclaimed gurus (Tobin style, that is). They for sure know more details than us about any particular company, and are playing ping-pong games with those stocks (the good ones mostly I may add). Guess who's the victim: as usual, the small investor. "Fixing" the buy price of any particular stock is not quite orthodox, and I wonder why Jay goes along with it. This is a very dangerous game for any growth stock.
Mike
----------------------------------
Borrowed from the AMHI RB board (no directly related, but a good read nevertheless):
By: powerof0
07 Apr 2005, 12:44 AM EDT
Msg. 12683 of 12800
I really cannot believe all this time being spent on disproving naked shorting. It is blatantly obvious and has now ripped over $2 trillion dollars from the American people.
As a Professional Trader, I see it every day. In fact, this past week alone, a new candidate hit the list. Eltek(ELTK) posted great quarterly numbers about 10 days ago. A smaller float company, it took off to the upside and set a new 52 week high. It came down on profit taking to $3.88, then this past Monday, it broke out from $4.12 to another new high at $6.40. Since that $6.40 on Monday, CIBC World Markets showed up with "the refreshing ask from hell". CIBC had no previous position in ELTK. The stock has 5.49 mil O/S and a flaot of 2.8 mil shares. No insiders have sold any shares nor have they filed to sell any shares. On Monday, the stock traded over 12 million shares...almost 5 times the float.
From that point on Monday, the stock traded over 14 million shares and CIBC shorted and/or sold 6.683 million shares.
How is this possible? It's very possible. And it is very real. It is naked shorting.
After their earning's release on 3/21, ELTK showed up on 3 German exchanges as a listed company WITHOUT THE COMPANY'S CONSENT.
This Friday, they appeared on the Reg SHO FTD list.
I have personally witnessed it myself. I see it all day long. It is not hard to find it.
Take a stock that is trading maybe 500K-1mil shares a day. Take the slow time from 11:30am-1:00pm EST. The MM's are kiting shares on an immediate basis. I will enter an order to buy an obscure amount of shares...like 1423 or 2137 shares. I buy them on the ask. Somebody just sold that many shares that I bought. That sell, and of course my buy, will settle in 3 days. But, the sell is what we are concerned with from the person I bought from.
As I said, the MMs will kite those shares that were sold to me and sell them again. Just watch the tape. Sure enough, a few minutes later at the ask or a penny or two above the ask, here comes the identical same number of shares crossing the tape. If you don't see it in the tape because that ask was bought in partials, you will see it as the best ask lot if and when the price gets there.
The MM's will do it all day long. Tomorrow they will do it again. Four days from now, they will kite shares to replace all the nakeds from today that are settling. Then, they will pass the entire lot off to a hedge for a fee to skirt any FTD's.
Not just in theory, but in provable practice, it takes twice as many shares to make a stock go higher as it does lower.
This is the MAIN reason the MMs are fighting so hard to keep Level 3 out of the hands of the investing public. They scream we should not have access to their complete book. This is so they can hide this illegal practice, and so we can't see their intent to steal the stop-loss shares of so many stocks on their slam campaign.
There are now 9000 hedge funds out there. Plus, the off shore factions that are involved. You can rest assured they have every security on the board covered. It's a little more than one per hedge.
Say what you will to "make us all crazies". It is happening...every stock...every minute...every day.
The American people will call for immediate reform and DEMAND no less than the following:
1). Donaldson...gone
2). 300 attorneys at the SEC...gone.
3). DTCC reform and present officials...gone. No more protection of their illegal $50
bil. a year income.
4). A newly formed SEC comprised of private investors. An SEC formed solely for the purpose of which the Securities Act of 1934 called for...protection of the private
investor.
5). No security prospectus anywhere warns any investor of the perils of naked short selling. Therefore, the SEC by its own admonition has created a securities market where they have openly committed fraud on the individual investor by allowing any practice of naked short selling as a part of bonafide market making. By grand-fathering all previous naked shorting previous to Jan. 2005, they are committing a second fraud on the American investor. Therefore, the SEC shall immediately be
called to answer some 40000+ charges of fraud and market manipulation.
6). An immediate call of all outstanding short shares. The SEC does know exactly who is naked short selling our securities. All companies will then re-issue their "authorized" number of short shares. Since "the sum of the parts cannot be more than the whole", then all the parts are deemed null and void. A private agency will then be formed to administer the short shares of every US listed company. Seven days notice will be required to locate the short shares of any US listed security.
7). There will be no more pools of short shares created on a daily basis as naked shares to counteract the effect of buying on margin. This is called "kiting" shares. It is illegal anywhere else in the world with a check, and illegal in the markets. There is no accountability in this practice and no justification for it. It forces every stock on the board to have twice as many buyers as sellers for it to appreciate in price.
8). Immediate enforcement of the uptick rule. No more shorting into the bid.
9). Immediate access to Level 3 for all investors. It is not a level playing field until it is a level playing field.
10). No more trading off the board by market makers. All trades must cross the tape during market hours.
11). No more painting the tape by specialists. The 4pm close is the 4pm close.
12). Immediate reform and disclosure for all hedge funds. They changed the rules with-out telling anybody. They won't mind if we demand changing the rules for the benefit of the private investor.
13). No get out of jail free cards. No deals. This is the largest crime in World History and they all need to be made an example of. The practice of shorting should be a scary endeavor where even the slightest news will cause panic. That was the way it was designed. For years now, it has been the other way and anybody long a stock cannot even sleep at nite because the criminals never sleep.
14). An immediate daily publication of all open short interest on a stock, with name or entity and number of shares.
15). Immediate delisting of all companies listed on foreign exchanges without the companies consent.
16). Immediate investigation of all media, reporters, and newswriters who have received funds for writing articles about any company. All payola payments will be found, off-shore accounts will be seized, and those involved immediately thrown in jail. I'm sure a good place to start is CNBC with their off-shore accounts and their blatant attack against Taser. There are a few thousand others. CNBC doesn't report news. They create news. There is no first amendment right to freedom of speech when you harm a stock price through a news story. Even airing a commercial for which you were paid is in fact receiving $$$ for airing slam stories against a company. News is news. Repeating the same news over and over is slamming. And CNBC is guilty as charged.
"For your order to buy 250000 shares of CIRT at 0.036 limit, good through the end of next month:
You bought 65000 shares of CIRT at $0.036 on 04/08/2005.
This is a notification of a partial fill."
I don't know who was selling, I was one of the buyers today. Only got filled 117K (in two blocks of 65K, and 52K, sometimes after 2:00 PM). I decided to buy additional shares early this morning, just in case (after going again last night through the latest PR's, graphs, financials, etc). Hope to get the rest early next week (if we have no news, that is).
Mike
Soar,
"MIKE, No reason not to believe in JAY....We all know what he did in year #1.....My geuss is that year #2 will be outstanding...He is obviously laboring under constraints in terms of what he can communicate & that's fine for us LTB&H'S..My 1mm + shares are not for sale...."
I don't have quite that many shares as you do, but one think is for sure. Now, I'm sorry that I never sold any shares at 0.28 last year, and only a few a while ago. At this price, however, I won't sell any, although it can get worse before getting better.
In general, I agree with you. With his over 15MM shares, Jay has the most to gain if this company is doing well in the near future. Plus, he is young, energetic, ambitious, and he can't afford to "blow" it. This won't look nice on his resumee.
I listened again last night the recording of the NY investors summit on March 24:
http://www.wallstreetreporter.com/mis/indexaudio.html
and, I think that before the next Q is released we might hear something about yet other acquisitions (possible a large one). 95% (?) of Davel shares have already been transfered to MOBL, so I believe that a next large acquisition (might be even larger that DAVL) is under work.
If you access it, check also Tobin. For some reason I don't trust this individual. On the bright side, however, if him and
his "tribe" is indeed accumulating right now, they will want a fast, large return. Simply put it, if they gain, we gain. In the mean time, we might still go a bit down, but I doubt it will go say below 0.13 that we had last year after the run-up.
Then, it's anyone's guess. Next Q should help, I hope. It all depends wether a not the company can post a positive EPS. Increased revenue ($24.5MM to $25MM expected) alone won't do it, IMO. Jay promissed a positive net income, and if this can't be delivered, that will hurt. On the other hand, if the Company shows a positive EPS, the market should reward it.
This is becoming a very complex company, with many possibilities (e.g., WiMAX, Wi-Fi, ZigBee, VoIP), but also many potential issues: (i) human issues (Daniel - an important player - already left, and is selling his shares); (ii) integrating all those small entities is not an easy task, (iii) how the new acquisitions are going to be paid for (most of the old ones are yet to be paid), (iv) will the Company succeed going for the Nasdaq exchange w/o R/S, or too large of a dilution, and on and on.
Regards,
Mike
Soar,
"MIKE, No reason not to believe in JAY....We all know what he did in year #1.....My geuss is that year #2 will be outstanding...He is obviously laboring under constraints in terms of what he can communicate & that's fine for us LTB&H'S..My 1mm + shares are not for sale...."
I don't have quite that many shares as you do, but one think is for sure. Now, I'm sorry that I never sold any shares at 0.28 last year, and only a few a while ago. At this price, however, I won't sell any, although it can get worse before getting better.
In general, I agree with you. With his over 15MM shares, Jay has the most to gain if this company is doing well in the near future. Plus, he is young, energetic, ambitious, and he can't afford to "blow" it. This won't look nice on his resumee.
I listened again last night the recording of the NY investors summit on March 24:
http://www.wallstreetreporter.com/mis/indexaudio.html
and, I think that before the next Q is released we might hear something about yet other acquisitions (possible a large one). 95% (?) of Davel shares have already been transfered to MOBL, so I believe that a next large acquisition (might be even larger that DAVL) is under work.
If you access it, check also Tobin. For some reason I don't trust this individual. On the bright side, however, if him and
his "tribe" is indeed accumulating right now, they will want a fast, large return. Simply put it, if they gain, we gain. In the mean time, we might still go a bit down, but I doubt it will go say below 0.13 that we had last year after the run-up.
Then, it's anyone's guess. Next Q should help, I hope. It all depends wether a not the company can post a positive EPS. Increased revenue ($24.5MM to $25MM expected) alone won't do it, IMO. Jay promissed a positive net income, and if this can't be delivered, that will hurt. On the other hand, if the Company shows a positive EPS, the market should reward it.
This is becoming a very complex company, with many possibilities (e.g., WiMAX, Wi-Fi, ZigBee, VoIP), but also many potential issues: (i) human issues (Daniel - an important player - already left, and is selling his shares); (ii) integrating all those small entities is not an easy task, (iii) how the new acquisitions are going to be paid for (most of the old ones are yet to be paid), (iv) will the Company succeed going for the Nasdaq exchange w/o R/S, or too large of a dilution, and on and on.
Regards,
Mike
"Any exponential extrapolated far enough predicts disaster. The
fact that materials are made of atoms will be a fundamental
limit. We can't go smaller than that."
See the recent interview with Gordon Moore. Interesting reading.
http://www.stanford.edu/group/mmdd/SiliconValley/SiliconGenesis/GordonMoore/Moore.html
Mike
Amen!
Mike
Never mind. It went back to 0.035x0.039 (1x1).
Mike
It just went back to 2x0.1 and 3x0.105. Lets see a nice, decent, real gap.
Mike
It looks pretty though. EOM
Pirate, what is your Level II saying? Mine (provided by Ameritrade) shows 0.05 x 0.08. Wouldn't it be nice?
Mike
My crazy Ameritrade Level II shows 16 x 17. When something is too good to be true, it usually is just that. after these news, I too think it will gap up (not at that level though). What is your Level II saying?
Mike
Sure enough GDVI has a very good momentum. All we need is some volume. Once more people discover it, and do an even basic DD on it, they will also see what we are seing. We sure enough "got a winner here."
Mike
This adds up to more than $25MM total in contracts. Last year record revenue will be soon a forgoten history. This company moves very fast right now.
Already EPS positive, and facing an explosive growth, the PPS should start moving to a new level.
Mike
Global Diversified Industries, Inc. Modular Division Receives Four New Contracts Valued at More Than $5.1 Million
PR Newswire - April 07, 2005 05:00
- Influx of Orders Creates $13 Million Production Backlog for Company -
CHOWCHILLA, Calif., April 7, 2005 /PRNewswire-FirstCall via COMTEX/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI), focused on the modular building industry with emphasis on the education market, is pleased to report it has recently received orders from four school districts for modular type structures.
The orders are from four Southern California public school districts and are worth more than $5.1 million in revenue. The scope of work includes a variety of building types including "permanent construction," standard portable classrooms, science labs, restroom facilities and administrative offices. Nearly 65% ($3.3 million) of the total value of the contracts involves installation of the "permanent construction" design that Global Diversified recently acquired from Aurora Modular Industries, Inc.
Global Diversified Industries, Inc. Chairman and CEO Phil Hamilton said that the "timing and magnitude of these contracts coincides with our effort to hire 75 additional factory personnel. We are now in a position to increase our momentum and carry a significant backlog throughout the remainder of 2005 and into 2006." Hamilton added that the Company is "very enthused with the product mix these orders provide between our standard type product and the permanent construction type product. Our manufacturing facility is designed to efficiently build both product types due to our multiple production lines tooled for multiple designs."
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company with two wholly owned subsidiaries, Global Modular, Inc. and MBS Construction, Inc. Both are engaged in the modular construction marketplace with an emphasis on educational projects. They incorporate the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects on budget for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick@eandecommunications.com
SOURCE Global Diversified Industries, Inc.
Paul Knopick of E & E Communications, +1-949-707-5365,
pknopick@eandecommunications.com, for Global Diversified Industries, Inc.
http://www.prnewswire.com
AOL Answers the VoIP Call
We test America Online's new Internet Phone Service and find it easy to use but pricey.
Tom Spring, PC World
Thursday, April 07, 2005
America Online today joins the parade of companies offering Internet telephone service.
Initially the availability of AOL's Voice over Internet Protocol (VoIP) service is limited to 22.2 million AOL members who live inside the 40 major U.S. markets where the launch is taking place. For a complete list of these cities, visit AOL KeyWord: Internet Phone Service if you are a subscriber or AOL.com.
In coming months AOL expects to make its AOL Internet Phone Service available in more markets and to open it up to non-AOL members as well.
I've tested the AOL service in its beta incarnation and, in many ways, I like it better than other VoIP services I've looked at. Setup is simple, and AOL brings some unique extras to a very crowded field. Though the service does have a few drawbacks, overall it works as AOL describes it.
What Makes It Unique?
Nate Kettlewell, AOL product manager for voice services, calls the company's VoIP offering easy to set up and use. He adds that, unlike other VoIP services, AOL tightly integrates the phone service with online components such as e-mail, contacts, and instant messaging.
"Everything about AOL is easy to use, and the AOL Internet phone service is no different," Kettlewell said. Another big differentiator is what AOL is calling "true e-9-1-1 service," which always connects 9-1-1 emergency calls directly to local emergency dispatchers.
Traditional telephone companies have resisted bringing VoIP services into the enhanced 9-1-1 system. Vonage, an early VoIP provider, has been involved in a number of disputes, most recently with regional carrier SBC, over how to implement e-911 services for VoIP.
Pricing
To attract new AOL memberships, AOL is offering current nonsubscribers a $30-per-month introductory rate to sign up for an unlimited plan that covers calling within the United States and Canada. This monthly fee includes access to the AOL service over your existing broadband connection. (You must have broadband to use the VoIP service.) At the end of six months, the price of the entire package jumps to $40 per month.
People who already subscribe to AOL have a choice of plans: A basic $19-per-month Local Plan gets a current subscriber unlimited local and regional calls plus long-distance calls at 4 cents per minute anywhere in the United States and Canada. The Local Plan has an introductory price of $14 per month for the first three months.
For unlimited local, regional, and long-distance calls in the United States and Canada, current subscribers would pay $30 per month. The introductory rate is $25 per month for the first three months.
And AOL's Global Calling Plan runs $35 per month with reduced international rates. The three-month introductory rate in this case is $30 per month.
AOL Internet Phone Service appears pricier than the plans offered by some existing competitors. Vonage, for example, has a comparable unlimited calling plan priced at $25 per month, as well as a basic $15 plan that covers 500 minutes of calls made within the United States and Canada each month.
You've Got AOL VoIP!
To get you started, AOL provides a small black adapter box that's designed to plug in between your phone and your Internet connection. Or you may plug the adapter directly into a free ethernet port on your router, as I did. I then plugged a regular telephone into the adapter--and immediately I could make phone calls that sounded exactly like calls made using a traditional telephone. This new AOL VoIP service works with AOL 7.0 and above.
AOL Internet Phone Service has some unique features. For instance, its Call Alert function allows you to route calls placed to your AOL VoIP phone to anyone on a user-created list of preset phone numbers. When your AOL VoIP phone rings, an AOL pop-up message appears on your PC displaying caller ID information--if you have the AOL software running. Next, the alert message window gives you the option of routing the call on the fly directly to voice mail, or you can forward the call to any phone number you wish.
The Call Alert feature works regardless of where you are. If you use your AOL VoIP service at home and you are online at work with AOL running on that PC, you'll see the same Call Alert pop-up window with routing options that you'd see at home. And if your PC has the right equipment (a headset or USB handset), you can answer the call right at your PC.
Other VoIP services offer similar call-forwarding features, but they don't allow you to direct the call on the fly as AOL does.
I also liked AOL Internet Phone Service Dashboard, AOL's online control center for its VoIP service. Here you have access to e-mail addresses, AIM handles, and phone contacts all in one place. You can manage your phone account, see a record of all your calls, and even check to see whether you have any voice mail messages. You can pick up such messages through your AOL inbox in the form of e-mail messages with sound files attached.
Once you set up your contacts--which means associating phone numbers with e-mail addresses and AIM screen names--you can choose how you want to communicate with someone through the Dashboard. If an AOL buddy is online, the AOL Running Man icon shows up next to his or her name. If you wish, click the icon and shoot your buddy an instant message. If your contact uses Yahoo or Microsoft instant messaging software, however, this online presence feature won't notify you that your contact may be online and available.
A clever click-to-call feature lets you click any phone number in your Contact list to have AOL dial the number for you instantly. AOL rings you first. When you pick up your phone, it rings the number you clicked to dial.
Another big positive is AOL's knack for keeping things simple. Buttons and features are clear, and I easily customized the service with my forwarding phone numbers and contacts.
AOL Disconnects
On the downside, I was disappointed that the slick AOL experience is chained to the AOL client software. At least for now, AOL says, AOL client software is required for accessing advanced communication features and for customizing the VoIP service. AOL says that this will change later this year when the company rolls out an update to its stand-alone AIM client, which will include VoIP features. When that happens, you'll able to access AOL's full set of features through standard browsers.
In the meantime, a limited number of features are available through Firefox, Internet Explorer, or Netscape. In my tests, browser-based access to the AOL Internet Phone Service Dashboard didn't offer Call Alert features or access to tools for easily listening to voice mail. To pick up voice mail, I had to access the Web-based AOL e-mail service.
Bottom Line
Because AOL Internet Phone Service is so closely intertwined with AOL and AIM, it will initially appeal primarily to AOL users. Until the service is opened up to nonsubscribers, you'll have to become a paying member to get the most out of its VoIP service.
Other drawbacks relate to the nature of VoIP itself. Like all other current consumer VoIP offerings, the phone service is only as reliable as your high-speed Internet connection. When your cable modem fails, so does your VoIP phone.
Traffic on AOL's network may also affect the quality of AOL's phone service. I can't vouch for the real-world quality of AOL's voice service because I used it at a time when only beta testers were on board. Only under the stress of normal use--with thousands of users making calls at the same time--will you be able to gauge the true reliability of AOL's VoIP service.
While VoIP technology is not new, AOL's new service does bring ease of use and some clever technology to the table. The only problem is that you'll have to pay a little extra for it.
Slow, but sure this will move up. EOM
Mike
I see Tobin & his "Tribe" got their wish come true. They brought the price where they wanted, and from the increased volume it may be that the sheep got the buy signal from the "guru." I wonder if Jay is a part of the plot, or simply these things are out of his control.
In the mean time, I'm see all RED "in front of my eyes":
http://quotes.barchart.com/texadv.asp?sym=mobl
and, if nothing of essence comes out this week, starting late next week the 1 year chart is going to look awfully bad:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=mobl&sid=0&o_symb=mobl&x...
Mike
Article on MobilePro
The East Valley Tribune, serving the cities and communities of metropolitan Phoenix, has featured MobilePro project WazChandler in a recent edition in an article titled:
"Downtown Chandler Becomes Web Haven."
The article can be viewed at:
http://www.eastvalleytribune.com/index.php?sty=39066
Mike
It looks like OSEE starts awakening. No wonder, after the K last spring it went to above 0.1. Can it do the same this time around? Let's hope so. The ingredients are there:
From the last K (late last week): "Revenue from the continuing operations for the twelve months ended December 31, 2004 were $4,331,000, compared with revenues of $3,294,000 for the same period one year ago."
Plus:
Years Ended December 31
2002 2003 2004
Revenues $4,803 $3,294 $4,331
Operating expenses:
Selling, general and administrative
expenses 3,696 3,933 3,692
..............................................
..............................................
and, most important (to me, at least):
Net loss applicable to common stockholders
basic and diluted ($0.13) ($0.14) ($0.02)
Number of shares used to compute per share
data 73,092 56,695 56,726
700% reduction in net loss compared to 2003, yet no increase in the # of shares, to me this means a lot. If after the bad K last year the PPS went to over 0.1, with this much improvement in the numbers, I don't see why the market value (and implicitely the PPS) won't start going at least as high in the near future. Today was a good start. All we need is some volume. Lock up your shares folks. I trust this starts moving! As always, do your DD.
Mike