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IPVO news - IPVoice Communications Inc. Reports on Merger and Acquisition Pipeline Totaling $30 Million in Annualized Revenue
IPVoice Releases Update on Signed Letters of Intent Not Including Previously Announced Wireless Frontier Internet
6/7/2004 12:35:00 PM
DALLAS, Jun 7, 2004 (BUSINESS WIRE) -- IPVoice Communications, Inc. (IPVO) today announced having a total merger and acquisition pipeline signed under various Letters of Intent (LOI) representing more than $30 million in total annualized revenue. IPVoice has been aggressively pursuing merger and acquisition opportunities to expand the company's current telecommunication, healthcare and homeland security offerings, as well as to ramp up the supporting systems integration, software development and customer service capabilities. Much of IPVoice's recent merger and acquisition progress has gone previously unannounced as IPVoice has recently decided to make a practice of only announcing LOI's after due diligence is complete. IPVoice reports that the current $30 million signed under various LOI's is all within a sixty day horizon of anticipated closing. IPVoice is specifying that the $30 million in potential annualized revenue growth does not include the previously announced Wireless Frontier Internet LOI (WFRI).
IPVoice remains committed to building a wireless Internet strategy. However, after conducting its due diligence and reevaluation of expected synergies, IPVoice has cooled to the Wireless Frontier Internet acquisition. IPVoice management has determined the Wireless Frontier customer footprint and associated revenue numbers are not as compelling as originally anticipated. IPVoice remains interested in Wireless Frontier, but has ceased negotiations. However, should Wireless Frontier return with a working proposal closer to IPVoice's post due diligence valuation, IPVoice will still consider the merger and acquisition opportunity. Alternatively, IPVoice has signed a Letter of Intent with a private wireless Internet provider with current contracted revenue equal to that of Wireless Frontier.
"We have already announced the Sensitron and Netsco LOI's," said Philip Verges CEO of IPVoice. "These two acquisitions respectively expand our current healthcare and homeland security offerings. The yet to be announced wireless Internet LOI complements our current Voice over IP (VoIP) strategy and will either replace or enhance our efforts with Wireless Frontier. Shareholders should anticipate a joint announcement regarding the specifics of our wireless Internet deal with in the next two weeks. With just over an annual $15 million revenue run rate today and a forecasted $50 million annual run rate by year end, shareholders are understandably expectant on developments regarding IPVO's progress with its acquisition strategies. With this announcement, we will begin to regularly communicate our merger and acquisition plans and developments, to include the cooperative financing plans and progress to support these acquisitions."
About IPVoice Communications Inc.
EEGI now .70 up from .41....can it get back to $7 again???? Hmmmm we'll see.
ECEC - Form 8K has been filed:
http://biz.yahoo.com/e/040604/ecec.ob8-k.html
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report: June 4, 2004
(Date of earliest event report)
eCom eCom.com, Inc.
-------------------------------------------------------
(Exact name of Registrant as specified in its charter)
Florida 65-0538051
-------------------------------- -------------------
(State or other jurisdiction (IRS Employer
of incorporation) Identification No.)
000-23617
---------------------
(Commission File No.)
100 Village Square Crossing Suite 202
Palm Beach Gardens, FL 33410
561-207-6395
--------------------------------------------------------------
(Address and Telephone Number of Principal Executive Offices)
-------------------------------------------------------------
(Former name or former address, if changed since last report)
Barney A. Richmond
100 Village Square Crossing Suite 202
Palm Beach Gardens, FL 33410
561-207-6395
-----------------------------------------------------------
(Name, Address and Telephone Number of Agent for Service)
INFORMATION TO BE INCLUDED IN THE REPORT
Item 5. Other Events.
Effective May 24, 2004 eCom eCom.com, Inc. (eCom) announced its
first spin-off subsidiary, American Capital Holdings, Inc.,
("ACH") has filed Form 10-SB 12(g) with the Securities and
Exchange Commission ("SEC") on May 24, 2004. On May 27, 2004,
the second eCom spin-off subsidiary, Freedom 4 Wireless, Inc.
("F4W") filed its Form 10-SB 12(g) with the SEC.
As soon as the Securities and Exchange Commission declares both
the Form 10SB-12(g) and the forthcoming SB-2 registration
statements effective, ACH plans to make application for trading
on the American Stock Exchange ("AMEX"). As soon as F4W has the
AMEX required audited asset base to qualify and the receipt of
an effective ruling from the SEC regarding its forthcoming SB-2
filing, it plans to make application to the AMEX as well.
eCom has spun off its ten wholly owned subsidiaries as
independent public companies under the provisions of SEC Legal
Staff Bulletin 4. It is now in the process of filing
registration statements for each company with ACH being the
first. Its plan is to acquire established businesses to expand
the spin offs for the benefit of its shareholders.
The date of record for the ACH spin-off is Jan 5, 2004, which
means that stockholders of eCom stock as of that date are
entitled to a "Due Bill" for one share of ACH for every twenty
shares of ECEC owned. If a shareholder sells its ECEC stock
between Jan.5, 2004 and the "Distribution Date" (that is when
shares are actually mailed out) the new stockholder of those
shares is entitled to the Due Bill.
The Distribution Date is determined by first being notified by
the SEC ruling that the filing is effective and then the Company
Board of Directors setting the date. This process can normally
take between one (1) to three (3) months after submission of
each registration statement. Only then will shares be
distributed to the shareholders who own shares on the
Distribution Date.
The same procedure applies to all ten (10) of the spin offs.
The second spin-off company Freedom4Wireless, Inc. has a Date of
Record of Feb. 23, 2004. Its Form 10SB 12(g) registration
statement has been filed and its SB-2 is presently being
prepared. As a shareholder of eCom common stock you are
entitled to all spin offs, unless you sell your shares before
the 24 hour time-frame preceding the Date of Distribution.
This release contains certain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Actual events or results may differ materially from those
discussed in such forward-looking statements.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereto duly authorized.
eCom eCom.com, Inc.
(Registrant)
Date: June 4, 2004
/s/ Barney A. Richmond
Barney A. Richmond
President
===========
Looks like a lot of money coming out of the OTC >> http://www2.barchart.com/momentum.asp?code=bddmch
Keep and eye on NMCX (the old HCCA)...starting to pickup action....could run on news. I've been in for a couple of days at .012. fwiw imho
PRIM news - PrimeHoldings.com and Target Communications, LLC Announce Approximate 25% Increase in Target's Second Month's Revenues
6/3/2004 12:23:00 PM
SALT LAKE CITY, Jun 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- PrimeHoldings.com, Inc. (OTC Bulletin Board: PRIM.PK), a diversified holding company with early-mover initiatives in the telecommunications and proprietary restaurant and hospitality industries and Target Communications, LLC, its joint venture partner, today announced an approximate 25% increase in Target's second month's revenues.
"We received Target's unreviewed numbers for its second month of operations today and we were quite pleased with an approximate 25% increase over last month's revenues. We had customers that were ready to move their international traffic to Target, but waited until our new access server was operational. We expect these customers to come on board this month," said Thomas Aliprandi, PrimeHoldings.com's CEO.
"This is quite remarkable since we have only been in business a little over 70 days. We hope to have our reviewed numbers available in the next few days and we will post the final results on our web site as soon as we receive them," said Aliprandi.
BICO - moving up day and the last couple of days may run if they put out some strong news. imho.
lol some CYTL news - Cybertel Capital's Core Energy to Capitalize on Timing
6/3/2004 10:15:00 AM
VISTA, Calif., Jun 3, 2004 /PRNewswire-FirstCall via COMTEX/ -- Cybertel Capital Corporation (CYTL) announced today that Core Energy, a unit of Cybertel Capital, reported that one of its small, yet significant oil properties, in Kern county California has greater than expected remaining reserves.
We have determined through geologic evaluation, only a limited amount of the original oil in place has been recovered to date. It is our strong intention to aggressively develop this asset to maximum potential. Geological reserve reports show that the property has 128,000 proven undeveloped reserves (PUD). The spot market for oil closed at $41.50 per barrel on June 1, 2004.
The origins of the Lease date back to the 1940's when it was first drilled. At one period in time, the lease was controlled by an oil trust assembled by business managers for Fred Mac Murray and Red Skelton.
Some of the techniques used by Core for enhanced oil recovery are Steam injection and infill well re-drills.
CIRT news - CirTran Signs Letter of Intent Expanding Market Presence to Asia Establishing New Division -- CirTran-Asia, Inc.
6/3/2004 10:02:33 AM
SALT LAKE CITY, UT, Jun. 03, 2004 (MARKET WIRE via COMTEX) -- CirTran Corp. (CIRT) , a full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced it has signed a Letter of Intent with Michael Casey Enterprises, HIPMG, Inc. and UKing System Industry. Under the agreement, CirTran's new marketing partners exclusively manage all manufacturing operations for various consumer market products, establishing a new wholly-owned subsidiary, CirTran-Asia, Inc., which will target the vast, hi-volume, Asian, manufacturing market.
As the parent company, CirTran Corp. is currently in the process of establishing a dedicated satellite office and is interviewing seasoned executives with the needed expertise to build this division. Having proven the value and reliability of its core products, the parent entity has chosen to expand into previously untapped product lines. CirTran-Asia, Inc. will pursue manufacturing relationships beyond printed circuit board assemblies, cables, harnesses and injection molding systems by establishing complete "box-build" or "turn-key" relationships in the electronics, retail and direct consumer markets.
Iehab J. Hawatmeh, President and CEO of CirTran Corporation, commented, "We have been preparing for more than a year for this strategic move into the Asian market. This new relationship will elevate CirTran to an International Contract Manufacturer status of multiple products in almost every industry and will, in short order, allow us to target several profitable, multi-million dollar contracts. Our new clients are leading manufacturing and marketing firms in the retail and direct consumer markets."
Trevor M. Saliba, Executive President of Worldwide Business Development of CirTran Corporation, commented, "The opportunities in the electronics, retail and direct consumer markets are limitless. We are very close at closing some very significant relationships that will bring CirTran to record revenue levels for 2004 and immediately generate new multi-million dollar contract wins before the end of this second quarter."
Like (and have been holding) USTT for some time....but it still needs a major deal to really get this going....these smaller deals are nice but just can't get out of this range. imho.
crude oil going under $40...buy a couple of airline stocks. Dow going very green....all so far. lol! eom
Saudi rep says just said crude oil to fall $6 to $8 in the next couple of weeks. eom
lQMTE - moving up on low vol. could zoom when they drop the "e"....unless it's really bad revenue revisions. imho.
In GSK. eom
imho AMEP had nice profits so far but crude oil prices will drop in the next days or weeks and AMEP will be back to samo samo.
HPON might have put in a bottom here....been moving up slowly the last couple of days. fwiw.
NNOS news - NanoSignal Corp. Forms Developmental Partnership With BiTMICRO and Storm Company for the Commercialization of NanoSignal Corp's Slices(TM) Technology
WEDNESDAY, JUNE 02, 2004 9:54 AM
- Market Wire
NNOS
0.063 +0.007
Enter Symbol:
Enter Keyword:
LAS VEGAS NV, Jun. 02, 2004 (MARKET WIRE via COMTEX) -- NanoSignal Corp., (NNOS) developers of Slices(TM) technology for use in the MRI industry is pleased to announce the creation of a partnership with BiTMICRO Networks, a pioneer in intelligent flash technology, and systems integrator Storm Company to commercialize the next-generation image processing Slices(TM) technology for the MRI market.
Commenting on the newly formed partnership, NanoSignal Corp's CEO Scott A. Ervin, stated, "After evaluating various alternatives we have concluded that BiTMICRO's E-DISK(R) solid state flash drive is the best storage platform for our Slices(TM) software. Storm Company's expertise as a systems integrator will insure that the capabilities of E-DISK(R) and Slices(TM) are properly optimized."
The alliance is currently conducting extensive beta tests using the E-DISK(R) flash drive as a main storage component. Initial results have produced MRI images with up to 10 times more clarity and resolution than conventional MRI tools.
Rudy Bruce, President of BiTMICRO Networks said, "BiTMICRO is creating a new era in non-invasive medical diagnostic technology by bringing E-Disk(R), a popular solid-state storage solution for military and industrial applications, into the health care industry, Our strategic alliance with NanoSignal and Storm Company gives us an unprecedented opportunity to save lives, not only on the battlefield but this time in hospitals and medical clinics all over the world."
When NanoSignal is ready to commence marketing its Slices(TM) console, Storm Company will supervise commercial production, shipping, installation and user training through the utilization of their global sub-contractor network. "This is the best way to maintain our strict quality control standards," commented Antonio Roel Macaraeg, President of Storm Company.
more YPNT news....might bounce off it's current low....maybe. lol!
IPVO news eom
Bought CXR...first insider buying since 2001 (CEO) and major spending coming by political parties coming to the stations the own...also very close to 52-week low.
BICO news. eom
Buying hitting EEGI...so far eom
more news out on NNCO...not so sure listing on Berlin exchange is good for anyone LOL...we'll see. eom
tech_vstr...fwiw...I bought NOK at 12.80...I think it's bottomed. eom
EEGI dropped on open...now getting some buying...if and when the company breaks the quite period with news....it should run again....went over $7 from $0.55 last time. imho.
NNCO news may run some here.... eom
YPNT running....could go more...fingers crossed eom
a couple of OTC's that are at or below 52-week low's that may bounce very nicely with news....CWON, EEGI, HPON, ICOA, IBZT....fwiw.
Z
PS: congrats Eye
Hello all...HQNTE...news just out that they'll be reporting financials very soon (and lose that E)...also stating their revenues could be excellent. Anyone in it already?
Z